I am currently starting to slowly think over the year 2009, and starting to make plans for 2010; I know many people would do the same. In the previous Growth Update, I already wrote a couple of lines about how my career is far from making progress. In fact, I am a bit scared to be so dependent on a career, and my employer, that I want to make a start on earning additional revenues in 2010.
I have seen the topic of generating additional, or passive, revenues appear on many personal …

I consider long-term investing in stocks/shares as a crucial element of building wealth; in fact, you will most probably find this confirmed by most personal finance blogs on the internet. This also brings a number of interesting questions, such as how we can pick the best investment opportunities, and on what do we base our investment decisions. In the next few weeks, I intend writing a number of articles, focussed on how to analyze company stocks and investment pportunities.
Currently, there are two main methodologies for analyzing and possibly predicting the …

Every now and then I have been thinking what I would do if I would win a few million in a lottery, or in the casino. I am sure most people have, perhaps you have. I have been discussing all possible scenarios with my friends, and often we ended up talking about expensive sports cars, yachts, luxurious estates and world travel. Honestly, if this is really how I would spend my millions, I would probably be instantly in debt.
I watched a documentary the other week, in which they were looking …

I know, it’s a bit awkward that I am writing a post on option trading, while on the other side my website is aobut long-term financial development. Nevertheless, I remember being very active in options trading as a student, just like most of my fellow-students, and actually it did earn me some money. In addition, options can be a great strategy to use as an insurance, in combination with shares. In this post, I am mainly referring to European options. Also, please keep in mind that not in every country …

I was thinking a few things over last night, amont others how my financial situation would look if everything crashed: stocks plummet and I would lose my job due to a financial crisis. In my case, this wouldn’t look good at all.