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Tag: Investing

Welcome to 2019!

Welcome to 2019!

  Happy 2019 everyone! With a new year comes new challenges and opportunities!  What are your financial goals for 2019?  Have you taken some time to think about them?  Will you focus on paying down debt, increase your investment contributions and diversify more, learn more about diversification, stop yourself from always trying to keep up with the Jones’s, or something else? If you’re not too sure where to start, here are a few good blogs to follow in 2019 (apart…

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The DIY investor’s guide to understanding diversification

The DIY investor’s guide to understanding diversification

Since day one of trying my hand at hands-on investing, I’ve been coming across the topic of diversification a lot.  And every time I’m in a discussion with someone about investing – and the concept of diversification is brought up – it seems that most people don’t really know what it means.  So here’s a short guide I’ve put together to help myself understand it better.  And through sharing, hopefully some of you can also gain some knowledge from it….

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Why I love Dollar Cost Averaging (in up AND down markets)

Why I love Dollar Cost Averaging (in up AND down markets)

I’m fairly new to the world of hands-on investing.  I’ve been contributing regularly to my RA and company Pension-fund over the years but I only recently started delving into the nuts and bolts of investing.  I started reading a lot of books, articles and blog posts about personal finance, money and investing and learned a lot!  One important concept I came across that I find crucial to understand for any hands-on investor, is what is called Dollar Cost Averaging (DCA), or as…

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Beware of Myopic Loss Aversion

Beware of Myopic Loss Aversion

I just finished “The Little Book of Behavioral Investing” by James Montier.  It is an amazing book with lots of great information.  Highly recommended!  One concept he touched on in the book is termed “Myopic Loss Aversion” which immediately caught my attention, so I want to delve into it a little in this post.   When it comes to investing, perfectly rational people sometimes make very irrational investment decisions, caused by numerous biases, but the most common of all is…

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Opportunity cost, what is it and why should I care?

Opportunity cost, what is it and why should I care?

Over this past Easter weekend we as a family went on a 4×4 eco-trip through the Kruger National Park.  It was an amazing experience! What wasn’t so amazing was the fact that, the night before entering the park while we stayed over at a guest house, my wife wanted to cool her feet off in the guest house swimming pool, but slipped and in the process dropped her iPhone in the water. Swimming Pool : 1  iPhone : 0 After…

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Some cool financial concepts to ponder

Some cool financial concepts to ponder

Over the next few blog posts I’ll be sharing a couple of cool financial concepts, principles, rules and guidelines I came across during my research.  And as we dig deeper – on our journey to financial independence (fi) – more detailed concepts will be discussed. But a good start is Kristia van Heerden’s ( as discussed over at https://justonelap.com/podcast-five-concepts-will-make-rich/ ) 5 fundamental concepts that will make you rich.  Understanding these concepts at a fundamental level will really make you see how the…

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So where do I start? Do I need a plan?

So where do I start? Do I need a plan?

To get the ball rolling, one needs to have a plan.  You need to figure out what basic rules or changes you need to put in place to start your journey to financial independence (FI). First, let me explain what I mean when I say “financial independence“, or FI for short.  I don’t want to be rich, I don’t want to live in a big fancy house and drive a big fancy car.  What I’m really after is time.  Available…

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