How I made $2’000’000 on the stock market – Book Review

Posted on Categories Books, Broker, Investment2 Comments on How I made $2’000’000 on the stock market – Book Review

No, I did not make two million dollars in the stock market. But I just read a book about a man who did ;) I finished reading “How I made $2,000,000 in the stock market”.

This book tells the story of Nicolas Darvas who made two million dollars in the stock market, in less than two years. Nicolas Darvas is not a professional investor, but a dancer. He is touring around the world, going from one show to another. The book tells his story from his beginnings with many mistakes to the successful. I thought it was a very interesting story. You can learn many things from his mistakes and from his successes. Even though the book is quite, I think it is still mostly relevant to today. You

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What’s an opportunity fund ? Be ready for a bear market

Posted on Categories FIRE, Investment, Tips8 Comments on What’s an opportunity fund ? Be ready for a bear market

I have already talked about the emergency fund before. Today, we are going to cover a different kind of fund: the opportunity fund. It’s not as well-known as the emergency fund. And it is not nearly as used at the emergency fund either. However, I think it is important to know what it is.

As its names indicates, this is a fund that contains money made for opportunity. The idea is to get ready for investing opportunities. The best opportunity in the stock market being a full-blown bear market. In this post, we are going to see exactly what purpose this kind of fund serves. And also its downsides.

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5 Ways to invest in real estate

Posted on Categories ETF, Investment, Real Estate, Tips4 Comments on 5 Ways to invest in real estate

You may not know it, but there are many ways to invest in real estate. Each of these ways have advantages and disadvantages. If you want to invest in real estate, it is important to know about these ways before doing a choice and investing in one of them. Or investing in several of them.

For now, I am not really invested in the real estate market. I just have a small position though my World ETF that has some real estate funds. But I may invest more in the future. For now, I need more stocks, but once I have got enough, I may shift a bit of my portfolio into real estate.

Let’s now see the different ways to invest in real estate. There are quite diverse. Each person wanting to invest in real estate should find a way that is adapted.

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Dividends – Nice passive income

Posted on Categories ETF, Investment9 Comments on Dividends – Nice passive income
This post is part 10 in the series Investing – All about investing.

In our Investing series, there is something we did not yet cover in details: dividends. A lot of companies in the stock market are paying dividends to their stockholders. That means that if you own a share of Coca-Cola, you will receive some cash four times a year, every quarter.

This is a nice way of accumulating cash since it does not require you to do anything. It is a fully passive income. You still need to buy the shares of course. But once it is done, you will get the money. There are many important things to know about these dividends and we are going to cover them in this post. If like me you are investing the entire market, you will get some dividends automatically :)

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Mid Year Review of my 2018 goals

Posted on Categories Frugality, Goals, Investment8 Comments on Mid Year Review of my 2018 goals

This year, I wanted to review my goals after 6 months. But I am really late ;) At first, I forgot about it. And then, there were too many posts I wanted to write so I delayed this review for too long.

Last year, I set goals for the year 2018. Setting goals is a very important thing. But it is also important to review them. If after six months the goals are going bad, it is important to take actions to improve the chances to meet the goals. Also, sometimes, the goals are not set correctly.

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The 5 biggest problems of investing in cryptocurrencies

Posted on Categories Investment2 Comments on The 5 biggest problems of investing in cryptocurrencies
This post is part 3 of 3 in the series Cryptocurrencies.

In the first post of the Cryptocurrencies series, we talked about how cryptocurrencies were working. In the second post, we look at the history of cryptocurrencies. In this post, I am going to discuss what I think is wrong with them.

Personally, I believe that cryptocurrencies are not an investment. When you buy a cryptocurrency, you do not buy any value. You just speculate on the fact that others people will later give higher value than what you paid. This speculation, or even gambling, not investing. Moreover, there are also several problems with investing in a cryptocurrency that you do not have with stocks. Let’s see what they are!

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Cryptocurrencies – History of cryptocurrencies

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This post is part 2 of 3 in the series Cryptocurrencies.

In the previous post about cryptocurrencies, we talked about what were cryptocurrencies. We especially talked about how cryptocurrencies really work. You should now know more about blockchain, cryptography and miners.

In this post, we are going to talk about the history of cryptocurrencies. How it all started with the bitcoin. And how it all expanded into several thousand alternative cryptocurrencies. Most of the history will be related to bitcoin since it was the first cryptocurrency. And it was also the one that made the more headlines over the years ;) However, the bitcoin is not the only cryptocurrency out there. Most people believe that cryptocurrencies and bitcoins are the same things. But the bitcoin is only one of the cryptocurrencies.

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What are cryptocurrencies ? How they do they really work ?

Posted on Categories Investment6 Comments on What are cryptocurrencies ? How they do they really work ?
This post is part 1 of 3 in the series Cryptocurrencies.

If you read financial news or finance blogs, you probably have heard (a lot) about cryptocurrencies and especially Bitcoin. You probably have read some success stories where people made a fortune investing in one cryptocurrency. You also probably have read  stories where people have lost a fortune with them. But what is a cryptocurrency really ? And how do they work ?

In this post, I’m going to try to answer these questions for you. I’m thinking that this could be interesting to know exactly how they work. You probably have heard of the words block chain or miner or even hash function. We are going to see how they come into play for cryptocurrencies. I’m not going to cover the investment quality of the cryptocurrencies in this post. I plan to discuss that in another post. I will also discuss the history of cryptocurrencies in a later post.

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Who is Warren Buffett ? The man and its investments

Posted on Categories Frugality, Investment, Spending2 Comments on Who is Warren Buffett ? The man and its investments

If you are following personal finance blogs or podcast, you probably have heard the name of Warren Buffett. He’s very famous in the community. Warren Buffett is a very successful investor. He made a fortune from nothing. This the first reason he’s famous in the community. The second reason is that he advised his fortune to be invested in index funds once he passes away. This is one of the few big investors who are supporting index funds. Finally, he also beat the market many years. Which is something very difficult.

Being one of the richest persons in the world also helps making him a very well-know figure. In this post, we are going to look at the history of Warren Buffett first. Some numbers may not seem much in the early years. You need to take into account inflation. 1000 dollars 70 years ago are worth around 10’000 dollars now. We are especially going to focus on the biggest investment he did. Then, I’m going to talk about some important traits of the man. This is going to be a long post ;)

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Emergency Fund – Do you really need one ?

Posted on Categories Budget, FIRE, Frugality, Investment, Tips4 Comments on Emergency Fund – Do you really need one ?

If you are interested in personal finance, you should probably have come across the term Emergency Fund. An emergency fund is simply some money, available directly, that you can use in case of emergency. Most people will advise you to get an emergency fund. And they will insist heavily on this subject.

It is an interesting subject since not everybody agrees on it. Some people have an emergency fund that can cover one year of expenses. And some people think you do not need one. Personally, I do not think an emergency fund is a bad thing. But you should be aware of its cost. It also has disadvantages. And you may not need an emergency fund as big as some people tell you. I think that too much people put too much emphasis on the emergency fund. In this post, we are going to see both sides of the story. We are going to see in details what an emergency fund is.

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