What is diversification and why is it most important for long term returns?

Nobody likes to lose money (Like I just very likely did on Kuetzal). I particularly dislike losing money. If you invest however, you're bound to lose money at some point.

It's inevitable. You will lose money. Accept it.

I'm trying my best to embrace loss, despite my utter dislike for it. To avoid loss at all costs means to avoid wins too.

January 2020 update: 4,775 € loss

Oh no.

I've been dreading to write this update.

If you haven't heard, Kuetzal platform has collapsed and most of the details point towards fraud. There are those who are convinced that most of the projects didn't exist in the first place, if any.

I honestly don't know what to make of all this, but I have now accepted that I've lost 6k €. With my current passive income, that's about four months. But I feel I deserve it. I was greedy. I let my fear of missing out cloud my judgement. I jumped on the bandwagon. I was the dumb money. 🤷‍♂️


Kuetzal is having a crisis and I'm pulling the plug

So much has happened with Kuetzal recently. People have requested me to write my own thoughts about the platform and perhaps now is the right time to do that.

Fast Invest review: do concerns outweigh great performance?

Fast Invest Ltd is a peer lending platform from Lithuania that has over 30 000 active users per day. I've invested 10,000 € on Fast Invest and this is my unbiased review of my experiences.

There are lots to like, such as performance and predictability. But, people have also found some interesting things on Fast Invest. Read to learn more and what I eventually ended up doing!

December 2019 update: 1,686 € passive monthly income

Highlights from past month:
  • Passive income was 1,686 € 📈
  • ... and not much else 😀

Can you become a millionaire by 40?

How do you become a millionaire? It's not a complicated matter, if you have time.

If you don't want to wait until an old age though and you want to become a millionaire by age of 40, what can you do? Turns out, there are very universal truths one must follow.

The 4% rule is misunderstood

Has planning for your retirement ever filled you with a deep and unrelenting sense of dread? I feel you. Working for the future can be challenging, especially when you don’t know how long your investments will keep you afloat after retirement.

However, there is one way to help you with planning ahead. You can use the 4% rule to see how much you can safely take from your account on a yearly basis.

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