The 50/30/20 rule is a budgeting rule created as a guideline on how to use your income. It considers your take-home income and splits it in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repayment. Needs – 50% 50% of your income should go towards necessities […]
15
Apr
Apr
P/E or Price to Earnings ratio, indicators how much an investor is paying for every 1 unit of earnings the company makes. The P/E ratio is commonly used by investors to determine whether it is favourable or expensive to invest in a company. Ultimately speaking, the ratio illustrates the market value of a company. High […]
11
Apr
Apr
Exchange Traded Funds or more commonly known as ETFs has become a popular way to invest in the stock market over the recent years. What is ETF? ETF is an instrument that enables investors to buy and sell anytime during trading hours on the market. It comes in many forms. Meaning, an ETF can be […]
18
Feb
Feb
Investing regularly in the stock market can help generate additional income also described as passive income. Over the last 50 years the stock market has on average generated an average yearly return of around 7%, or 10% if reinvesting dividends. This has been calculated by looking back how the market has generated return during the […]
13
Jan
Jan
Technical analysis in the investing and trading universe has been a hot topic for years and continues to be. Whether you are new to investing or a savvy investor, getting familiar with the methods of technical analysis could improve your trading style or at minimum provide some insight. The most popular methods in technical analysis […]
08
Jan
Jan
In addition, I have written down a few frequently asked questions that hopefully addresses any outstanding questions you may have on copytrading. How do I copy a trader on eToro? First step is to find the trader you want to copy. Finding the trader that has a investment strategy that fits your preferred risk level […]
29
Dec
Dec
Imagine earning income from somewhere else than through a job or contracting. Yes, I am talking about Passive Income. Generating earnings from savings and investments is what I will try to break into an easy to follow guide so that you can get started today. All with the goal of becoming wealthier. Why £5 a […]
22
Oct
Oct
Not familiar with FIRE? Read the article on Financial Independence, Retire Early. Estimating how much you need to retire early can be tricky. Research on this topic was conducted in the “Trinity Study” which showed that a person can calculate how much they need to retire by dividing annual expenses by 4%. The 4% is […]
26
Sep
Sep
. There are so many ways to get a better vacation without spending extra. Below I have summarised some of the ways you can travel in style while also saving money. Save on insurance for rental cars Depending on your credit card provider or financial institute you may be able to add insurance coverage for […]
22
Sep
Sep
The 10% rule refers to putting aside 10% of your income towards savings whether this is for your pension or emergency reserve fund. This rule refers to the net income, the amount left after taxes have been deducted on your payslip. On a net income of 2,500 the 10% amount will be 250 (2,500 * […]