A friend of mine went on a sabbatical last year and returned to work a few months ago. We were having a long day and decided to step out to grab coffee. My friend joked that, at the current pace, he might quit again and go on a new backpacking adventure. He then went on […]
How do you budget for a £500 weekly income in the U.K.?
This question came from someone on Quora. I respond to a few questions on Quora every month. You can follow me here. There are two critical assumptions that are not clarified here. The first issue relates to geography: are we talking about London or any other town in the United Kingdom? London is significantly more […]
When will the stock market recover?
I was randomly checking the Google Search Console and noticed that the following was the most searched query in the past few days: “When will the stock market recover” And no, there was no question mark or at least Google did not indicate that there was one. The first question is what are we recovering […]
The London housing market will continue to fall – buyers beware!
My view is that London house prices will continue to fall in real terms within the next 12 months. If the Brexit transition is not as smooth as anticipated, prices could significantly fall in nominal terms. As a first-time buyer, I continually monitor the housing market in London because this is where I am located. […]
How to survive a sudden stock market correction?
With the S&P 500 down 10% from closing highs and the Nasdaq erasing all of this year’s gains, we are now well into correction territory. A correction is a 10% decline from recent highs. Actually, if you bought FANG+ stocks, you are now in bear territory. The NYSE FANG+ Index closed down at 2377, which […]
What are the benefits of starting a side hustle?
There are plenty of examples of people out there with a side-hustle. Everybody thinks it’s great to have one and it seems that most people do not regret starting one (or at least so they claim). The stories are also enticing. If you listen to everybody, a side hustle can bring you in hundreds of […]