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 […]
How much should you spend on the perfect engagement ring? ($50,000 is ok)
Shopping for an engagement ring feels a bit surreal. It is one thing to think about marrying your partner and thinking how lucky you are. It is a very different story to ask for permission from his or her parents and take concrete steps to prepare the perfect proposal. I vividly remember my proposal to […]
How the 2018 Budget affects your personal finances and your business
The Chancellor of the Exchequer, Philip Hammond, delivered the 2018 Budget to the House of Commons. Most measures in the 2018 Budget will enter into force on 6 April 2019, which will mark the beginning of the new fiscal year. Or they should become effective at that time. The Chancellor indicated that a new “fiscal […]
Student loans are a scary ticking time bomb
Last weekend was my law school reunion weekend in Washington, DC. It’s incredible to see how much people have achieved in five years. It is also crazy to see how very little has changed. Some left the legal profession and other stayed, relationships strengthened or fell apart, and overall people look quite good. We […]
How to get your deposit back
A few months ago, I moved out of my old apartment. Moving is stressful for everyone. Packing, finding a new place, moving boxes, unpacking, sorting and decorating are all necessary steps. Retrieving your deposit is, however, one of the most important steps. Unfortunately, what should be a simple task too often turns out to be […]