An index fund is a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index, such as a particular industry or certain types of companies Index funds are passively managed, which means they mirror the market and don’t try to beat it. Instead, they simply track the performance of the index…
They say experience is the best teacher but I think learning from other people’s mistakes is even better. Especially when your hard earned money is at stake. A lot of people think investing is either a get rich quick scheme or just too risky but these two couldn’t be further from the truth. In my…
If you currently invest or are thinking about it, one major thing you need to consider is how taxes reduce the value of your investments. Taxes, just like fees, have a massive impact on your investment returns as they accumulate and compound over the long term. In the UK, investment returns are seen as income…
We see the world the way we are and mental models are my cheat sheet. Mental models are a way we can understand the world because they shape the way we think and the connections and opportunities we see. The phrase “mental model” is an overarching term for any sort of concept, framework, or worldview…
