This is the second part of my experience of my first year investing in the stock market. Please read Part One first.
Being a foreign investor
I had no clue how things worked being a foreign investor, could it be done? The answer is yes. The great thing about the Internet is that it has opened everything up so that even someone as clueless as myself can own a share in companies all over the world.
I can’t comment on companies beyond the UK and US, but for my US shares, I just had to sign some additional forms declaring my legitimacy for receipt of dividends.
Another tip to consider is to always take into consideration the current exchange rate, I have overestimated how many shares I can buy due to miscalculations.
Continue reading “Investing in the stock market for the first time: a retrospective (Part 2)”
Hello dear reader,
Upon the positive feedback on my post writing good comments on a blog, I thought I would extend my advice to another area that irritates me in the world of blogging and blog writing.
The irritant is when a site or an author takes the piss out of their loyal readers.
Firstly I will give a definition of my colloquialism:
take the piss (out of someone or something)
phrase of piss
- [British] vulgar slang
Mock someone or something
Right now that’s cleared up onto the issue… Continue reading “Perfect Blogging: Don’t take the piss”
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime, is a book that inspires but also makes you feel terrible that you are not a multi-millionaire.
MJ DeMarco, highlights the way to becoming wealthy through the concept of the slowlane and the fastlane. The slowlane is explained as getting a good job, saving, investing in the stock market, being careful with money – until the ‘payoff’ when you are old you’ll also be rich.
The fastlane – the main theme of the book is about using finite time effectively to maximise the amount of money made.
The first few chapters really repeat ‘Get rich slow’ and constant references to Lamborginies, therefore I did begin to wonder if the author was just a one-note bragger, critiquing a lifestyle without offering answers to achieve wealth.
Continue reading “Review: The Millionaire Fastlane”