“Anything that can go wrong, will go wrong” – Murphy’s Law. An emergency fund is very important and considered to be the first step of building wealth. The definition of an emergency fund is a fund or a collection of funds which can be used to cover unexpected expenses that are certain to occur to most people. As Murphy’s Law says: “Anything that can go wrong, will go wrong”. Continue reading
As today is the 6th of May it is one of my favourite days of the year. This is because the 2017 Berkshire Hathaway Annual Shareholders meeting will be held in Omaha, Nebraska at the Centurylink Center. Thousands of diligent investors will turn up to witness Warren Buffet speak and as always, the Oracle will provide long lasting insightful financial advice suitable for all. Continue reading
This post outlines the top 5 holdings in an index fund which tracks the Japanese stock market. Such a passively managed fund will offer both international diversification for an investor’s portfolio and exposure to companies which have the potential to earn big returns.
Investing in a low cost index fund such as those provide by Vanguard will allow the investor to achieve the best possible returns by minimising losses caused by excessive management fees. Continue reading
It is important to know your net worth if you want a clear picture of your financial situation. This is a guide for finding out and tracking your net worth. A free net worth tracker spreadsheet and tutorial video are also provided. Personal net worth is defined as the value all the assets which an individual owns minus a total of the person’s liabilities. Continue reading