How far do we get without commitment and perseverance? Any task we begin in life is going to require some commitment and perseverance if we wish to pursue it thoroughly. That commitment may begin early in life. As children, we may show an interest to pursue a particular sport or hobby, alternatively our parents may force us into various activities they think we should pursue! How long any of these endeavours will last, largely depends on whether we find them fulfilling in some way or how much persistence we have. As children, we can be fickle. Toys can fly out…

Right now, there’s a rush on. It’s all about removing your hands from the steering wheel of your car. Maybe removing the steering wheel completely and letting the car do the work. Driving to work, to your holiday destination, visiting family a few hours away or just down to the supermarket. What will you do? Read a book? Watch a movie? Sleep? Stare out the window, confused that your car is driving itself? How long is this going to take? First it needs to be fully perfected. Then governments will need to be persuaded. Then the mass market of drivers…

The FIRE phenomenon has recently resurfaced in the media. FIRE stands for financial independence/retire early. The concept seems to spin the heads of those in the media and 90% of readers who respond in the comment sections below articles. For the refresher, it’s figuring out what you can live on, knocking down the expenses to that level, then saving the appropriate amount that will generate enough to cover said expenses. If you can live on $30,000, you’ll probably need $700,000 returning 4.5% per annum to cover your needs. Getting to the $700,000 (or more) is the hard part. Many of…

It’s been a few weeks of recollection. A decade on since the anniversary of Lehman Brothers collapsing and one of the touchstone moments of the ordeal is being not so fondly remembered. No one really knew if it was the beginning of the end, an ongoing crisis or not far from a recovery. History shows the market bottom took another six months and if you could stand the uncertainty you got the recovery. Today the media seems to be asking all the wrong questions and specifically canvassing for when the next crisis may hit. Usually, it’s just the kooks who…