Well, it all kicked-off in March! COVID-19 escalated rapidly from mild concern and “just wash your hands” advice for most just a few weeks ago to “curve-flattening” measures not seen in living memory. Rising death tolls, enforced government lock-downs and rationing in the supermarkets now the norm. With no end
The news headlines continue to be dominated by the coronavirus and its impact is being felt everywhere not just in financial markets but in everyday life. Markets are highly volatile and despite central bank intervention, things appear to be getting worse before they can start to get better. We are
After the New Year Blues, the scene was set for a gloriously positive February right?…… Well, not quite. Coronavirus found its latest victim in the stock market; it rained so much in England I considered kayaking to work and the price of hand sanitizer gel has eclipsed that of a
Saving for an adequate pension is no easy task. It takes a lot of discipline and commitment over many years against the headwinds of inflation to achieve an amount of money needed to see out your later years, a number that can seem frankly mind-boggling. So can some relatively minor
When market volatility spikes and the variance in returns starts to widen, people naturally start to worry. This post was originally written a year ago, shortly after a poor fourth quarter of 2018, which had people worried. Given the current coronavirus market concerns, it seems like an appropriate time to
Albert Einstein described compound interest as the ‘eighth wonder of the world’. “He who understands it … earns it. He who doesn’t … pays it”. In this post, I’ll recap the power of compounding and the Rule of 72 when it comes to personal investing. Compound interest (or compounding interest)
In my previous post, we examined the differences between time-weighted and money-weighted rates of return and how the latter can be significantly affected by the size and timing of cash flows. It’s also, therefore, likely to be the most accurate method to calculate your actual personal rate of return as
With the end of the year fast approaching, attention will soon shift to reviewing 2018 as a whole and establishing how much progress has been made towards longer-term financial independence goals. Hopefully, the year is shaping up to be a great one for each of you! A significant component of
Hello and welcome to Pursue FIRE. My name is Dan and I am the owner and author of all content on this site. I am passionate about personal finance and look forward to engaging with you.
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What i'm reading
‘Billion Dollar Whale’ is an incredible book, which they actually tried to ban publishing in Britain. It examines the incredible tale of how one man swindled over $5bn with the aid of Goldman Sachs in what has been described as the “heist of the century”. Gobsmacking how this sort of thing continues to happen.