I Will Teach You To Be Rich – Book Review

Investing, Save

I just finished reading I Will Teach You To Be Rich, by Ramit Sethi. This book will give you a lot of advice on how to improve your finances. It may not make you a millionaire. But it is a great book, full of helpful recommendations on how to improve your finances!

This book has been great to read. It is one of the best from the personal finance books I have read so far. Like the last book I read, I have been able to buy it for a few dollars on Kindle. If you want to be lucky, look at my techniques to find cheap Kindle ebooks. It is nice and light to read. It is not too dense and still contains quite a lot of information.

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How To Buy an ETF on DEGIRO

Investing

In this post, we see how to buy an Exchange Traded Fund (ETF) on DEGIRO. The process will be the same regardless of the ETF you want to buy.

DEGIRO is a great broker for European investors. They have very low fees and are very easy to use.

We will also see how to deposit money into your account. You will need money on your account before you can buy an ETF.

And remember: Investing involves risk of loss. Always do your research before you invest and know why you invest and what you invest in.

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My Investor Policy Statement – You Need One Too!

Investing, Financial Independence

We can all agree that having a clearly defined strategy is very good for your investing and your personal finances. It is very important to have goals and a long-term vision.

An Investor Policy Statement (IPS) is a tool helping you do just that. It is a way of writing down why and how you are investing. Your IPS helps you have a clear view of why you are investing and how you should invest to attain your goals.

It has been a long time now since I wanted to write my Investor Policy Statement (IPS). I just took some time over the last week to write it down completely. It took me about two hours. It was a really good exercise for me.

In this post, I am going to give you my own IPS and explain exactly the goals of an IPS. Each IPS will be different because each investor is different. You can follow my own example in order to start your own. But you still need to think about each point and adapt it for your own needs.

Stay tuned to learn about my Investor Policy Statement!

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The Millionaire Next Door – Book Review

Financial Independence, Investing, Retirement

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy, is a book by Thomas J. Stanley and William D. Danko. This book is a study of millionaire households in the United States. In this post, you will find out precisely what this book is about and what I thought about it. I was lucky to find it very cheap on Kindle.

This book is one of the best personal finance books I have read. The authors have gone into a lot of effort to collect all the data from millionaires. And they have drawn some fascinating conclusions from this data.

I am still reading many new personal finance books. And so far, it has been a great ride. There are some great books about personal finance, investing, and frugality. It is just a bit sad that most of these books are missing any international content. They are made for the United States. However, a lot of their lessons can still be translated into Europe.

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Rich Dad Poor Dad – Learn how to get rich

Earn, Investing

The most recent finance book I have read is “Rich Dad Poor Dad” by Robert T. Kiyosaki. This is my short review of the book. This book is very different from the others, in several ways. Generally, the personal finance community does not rate this book very high. In this post, I will give you my point of view about this book and tell you what it is all about.

As you will see, my point of view in this book is a bit varied. Some things are really good. But some things are really bad about this book. Let’s directly see what I am talking about.

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The Bogleheads Guide to Investing – Book Review

Investing

Here is another book review of an investing book. The BogleHeads Guide to Investing is the second book I read in my way to personal finance enlightenment. This book is written by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf.

This book is a complete guide about personal investing, how to save money, and how to invest it. I think it is an excellent book, well-written and full of excellent advice. The book is full of quotes from other financial figures and uses facts to support every argument.

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Goals for 2018 – Reaching for FI

Investing, Save

For the first year in my life, I am gonna try to set clear goals for this year! I have set up a nice spreadsheet for my goals for this year (credits to retirebyforty for the spreadsheets idea):

My 2018 Goals

I have tried to not set goals that are too high but still strive for better than this year. Since it is the first year I am setting goals like this, I do not want to be over-optimistic. This is my first attempt at setting yearly goals, so maybe I will add new goals during the year, but I will not remove any goal nor downsize any goal.

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The Little Book of Common Sense Investing – Book Review

Investing

Since I started to pay closer attention to my finance, I have read a few books about investing and finance. I am going to review them on this blog. I am going to explain what the book is about and also what I liked about the book. And of course, what I did not like about it.

The first book I have read is “The little book of Common Sense Investing”, by John C. Bogle. It is coming from the founder and former CEO of the Vanguard Mutual Fund Group. John Bogle is a great man and the creator of the first index fund. A lot of people in the Bogleheads community are recommending this book, so I decided to give it a try.

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How to Open a DEGIRO account and start trading

Investing

If you want to start investing in the stock market, you will need a broker account. DEGIRO is a good broker for European investors.

In this article, we see in detail how to open an account with DEGIRO. Once these steps are done, you will be ready to trade Exchange Traded Funds (ETFs) on DEGIRO.

DEGIRO is a very affordable broker for European investors. It is well priced and offers a great choice of investment products.

And remember: Investing involves risk of loss. Always do your research before you invest and know why you invest and what you invest in.

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