Recently I read the report ‘2016 Guide to retirement’ from the American bank JP Morgan Chase. I want to highlight one of the slides where the effect of the compound interest is clearly represented. I will explain in detail. For the full report, download here I highly recommend you read this whole document of JP […]
Inflation – why you get poorer without realizing it. Imagine you want to buy flowers every week for your loved one and visit her by train. The train ticket costs 10 euro. However in july 2016 the Belgian inflation rose with 2,28%. This means your train ticket is now 12,3 Euro. Life became more expensive […]
As a dividend investor in Belgium, reaching financial independence is a real challenge. The main problem is that the politicians leading this country and inventing new taxes, have little or no financial knowledge. At the start of 2016, the “little investor” tax became effective taxing all stock gains at 33% for the little investor. Losses […]
My goal is to become financially independent by the age of 67 , hopefully earlier— i.e., not necessarily fully retiring, but having the financial means to lessen the emphasis on working. My approach to the markets is a steady and methodical style of investing. I view investing as a marathon sport, not a sprint. I […]