One important factor in determining your potential to start investing is your savings rate. That is, the share of your total income that you don’t spend in month year. It can vary from negative values (if you increase debts) towards values as high as 50% or that you only spend half of your income on consumption. Looking at the average across people in countries, here the savings rates in 2018 across countries , which are all pretty much in the… Continue reading What is your savings rate?
Month: February 2020
Robin Hood and Zorro – Investing to take from the rich and give to the poor?
While this idea might sound strange, it is interesting to note that claims combining investing with some sort of soceital justice argument has been received increased attention in recent years. Look at the low-cost (and easy access, low entry requirements etc.) broker Robin Hood (https://robinhood.com/us/en/) that is currently shaking up competition on the (U.S.) online broker market. Or Zorro (https://www.zorro-trader.com/), a very useful software to test and implement trading strategies. The latter has as their slogans indeed the famous “Take… Continue reading Robin Hood and Zorro – Investing to take from the rich and give to the poor?