Passive is one of the most polarising strategies in modern investing. In retail, the battle is over. Done. Finito. Passive investing won. You won’t get many retail investors who strongly oppose this method. In fact, many see it as the only way non-professionals should be investing. …

We have already seen how FIRE is mathematically flawed. The “4% Rule” and other such heuristics used to build up a pot big enough to RE are not as safe as FIREees think they are. Here, we leave the mathematical criticism to one side and focus on the non-numerical parts…

Noah doesn’t enjoy life. Not at the moment, anyway. And he doesn’t anticipate much enjoyment in any of the next 5 years, either. But that’s ok. Noah has a plan. Noah is frugal. He lives in a small 2-bedroom flat on the outskirts of London. He doesn’t go on holiday…

Whenever I’m browsing investing and personal finance content I see a word that makes me sick: “Optimisation” We are told we need to optimise everything. This approach is wrong. By “optimising”, you increase vulnerability and reduce robustness. This happens for two reasons. First, you can’t increase the probability of a…

I used to think crypto was just a meme. Just a fad. Just a phase. But then something changed. I started to read. To watch. To listen. I started to pay attention. …

There is one investing statistic that I see more than any other. I’ll be innocently browsing twitter or in the comment section of Reddit (wouldn’t recommend) or an excellent blog post and someone will inevitably throw out this stat. It’s typically used in one of two ways: Hey you, look…

In the real world, things happen both inside and outside of your portfolio that “force” you to sell. One major cause of this is the existence of uncle points; there may be a certain % loss that you are simply unable to bear — mathematically, financially, or emotionally. No matter…

One of the major themes of retail investing in the last 50 years or so has been a transfer of control from institutions to individuals. Back in the good ol’ days, talking to individuals about investing in financial assets would have elicited a blank, vacant expression. Company pension plan? Sure…

You wake up, roll over and grab your phone. You check it. You look at notifications, messages, social media, etc. You may even find yourself, consciously or otherwise, wanting to know what’s going on in the world. You may find your thumb performing the movements required to open some type…