Hello and welcome to the first monthly Net Worth update of 2019! I hope you all managed to have a wonderful break over the festive period and have started the New Year in style! Things are always so hectic in the early part of the year and 2019 has been
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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