MonkWealth

Mutual Funds & Index Funds

January 11, 2019 MonkWealth Become an Investor, Investing

How does becoming an investor feel? I must admit that I’m a bit jealous that you’re going through the basics for the first time – I remember the process as lots of fun, gaining knowledge

3 Financial Mistakes I Made

January 5, 2019 MonkWealth My FIRE Journey, Personal Finance

Personal Finance mistakes are not just consequences of insufficient knowledge or experience, they’re also part of human nature. We continuously miss out on opportunities or remain ignorant to factors that may improve our financial situation, but

Financial Update: December 2018

December 31, 2018 MonkWealth Monthly & Financial Updates

Well… The worst December since the Great Depression is almost finished. The month itself was not bad, actually. I had a great time, taking into account that I’m enjoying a somewhat long vacation and using

The 4% Rule – How to Find Your FIRE Number?

December 23, 2018 MonkWealth Financial Independence, Investing

The 4% rule is well known among investors in the stock market aiming for financial independence. But most people either never heard of it or aren’t sure what it represents – and if you’re one

On Letting Go and Next Steps

December 16, 2018 MonkWealth My FIRE Journey, Philosophy

I love producing educational material. When I write posts such as those from the Become an investor series, I get the rewards that the modern work-life balance deprives us from. Basically, it’s a really rewarding

Introduction to Index Investing

December 8, 2018 MonkWealth Become an Investor, Investing

In the previous Become an Investor post I gave an introduction to stocks and bonds. Understanding how these instruments work is crucial and required in order to start investing. However, although having the knowledge and

Financial Update: November 2018

November 30, 2018 MonkWealth Monthly & Financial Updates

Welcome to the second financial update on this blog. Well, this month was not the best one, financially. The market was moving sideways and I had higher expenses than usual. I didn’t remember the “personal

Introduction to Stocks and Bonds

November 23, 2018 MonkWealth Become an Investor, Finance, Investing

In the previous post I explained what investing is and isn’t. Make sure to start there if you’re new to investing. To refresh our memory: investing is allocating resources into something and expecting some form

I Hate Spending Money

November 16, 2018 MonkWealth Frugal Living, Personal Finance

As I grow older I become more and more tolerant to many things I’d never expect to. I wouldn’t say that I’m accepting all of them fully, but I’ve lowered the threshold to indifference for

What is Investing?

November 8, 2018 MonkWealth Become an Investor, Investing

Welcome to the Become an Investor series – the place where you will learn everything you need to know to start investing as an amateur individual investor. No prerequisite knowledge is required, as the posts will