There’s a formula for working out when you’re ready to quit. It might be sooner than you think! Especially if you’re an expat. Learn here what they don’t teach you at school…
Taking the time to clear your head of bad money habits and perceived inabilities, then setting some directions for your financial future, will make everything that follows easier.
Discover how to invest in stock and bond funds (ETFs) as an expat – cheaply, quickly and sensibly. Maximise your saving power while you work abroad!
I have found a way for people to save and invest cheaply and flexibly. All that remains is to get your psychology handled. This is simple, but not easy. You have to train your brain to accept that yes, you will become great with money, you will stick to the path and you won’t let your monkey mind get in the way.
I’m proud to serve on The Debt Panel of The National newspaper in the UAE, but it can be depressing. Almost every question is from someone who has over-loaded themselves with debt and cannot see a way out. This week’s question was a classic example of this.
Who would benefit from this post? Share here: Share on facebook Share on linkedin Share on twitter Share on whatsapp Share on email The end of service gratuity is a relic of the old UAE that, along with the one/two rent cheque, hasn’t quite gone the way of the dinosaurs yet. Before we get to …
UAE: gratuities, allowances and what makes a good employee saving scheme Read More »
Who would benefit from this post? Share here: Share on facebook Share on linkedin Share on twitter Share on whatsapp Share on email Click to listen to Steve debate the trustworthiness of financial advisors… with the king of financial advisors. Recently the CFA Institute (which oversees the Chartered Financial Analyst qualification) released an interesting survey …
Here’s a complete overview of investing by yourself, from mindset to transaction fees. If you go it alone, you’re going to have to find some knowledge and discipline. It’s worth it though, to avoid the hidden fees and exit penalties in the plans sold by most UAE banks and financial advisors. It has never been easier to invest cheaply and effectively by yourself.
This week, I explain how to invest with index funds and ETFs. There’s only space for 300-400 words, so this is probably the most concise guide I will ever produce. I had to leave a lot out, but what you’re getting here is exactly “the essentials”.
Reader question – what to do if you find yourself trapped in a long-term savings plan.
Having invested into equity and bond funds over the last two years I can no longer put money regularly into my savings plan. I have some US$100,000 invested. What should I do?