There are a lot of similarities between investing and cooking a meal. Just like every meal should be cooked according to the taste of the person eating it, investing should be done according to the risk profile of each investor. So what are the ingredients? The principal ingredients are: Low-cost ETF, preferably from Vanguard (the…

I have used other people’s money in real estate and in the stock market. Other people’s money has catapulted me out of economic stagnation. Real Estate Five years ago I heard about a website called Airbnb where people can rent their property to tourists and earn more than if they rented their properties to regular…

Risk Tolerance Big disclaimer. This is my personal view of the financial world. This portfolio is ideal for someone with a VERY high-risk tolerance. It has happened during the past few years that  I have shared my portfolio with people who don’t have the same risk tolerance and then start calling me when the market…

When should we buy individual stocks? Last! Many investors feel lured by the magic of the stock market. They hear about amazing IPOs (Initial Public Offerings) and they hear stories such as: ” If you would have invested in (Insert company name) 5 years ago, you would have been a godzillionaire by now.” Others feel…

In investing Practically every investment website or book talks about investments in percentages terms instead of absolute amounts. They say things like… “you should invest X percentage in stocks and X percentage in Bonds.” But believe me, investing 50% of your $5,000,000 portfolio in stocks doesn’t feel the same as investing 50% of $50,000. A…