Tag Archives : Financial Improvement


Four Years of MoneyGrower


November 2018 is a special month. It has been four years since I started the Moneygrower site. I wanted to thank all of you who follow my humble site. I didn’t really expect that I will still be going strong for 4 years in a row. I also never expected that this site will become so popular, with 12,000 – 15,000 monthly views. I also get countless thoughtful emails for which I am grateful for. When I started the site, I had no real knowledge of personal finance. Yes I did a masters in finance degree and worked in both a bank and an accountancy firm. One might think that […]


The Benefits of Financial Freedom (FIRE)

The Financial Freedom Retire Early (FIRE) movement seems to be slowly creeping into mainstream media. Just yesterday, there was an article in the Guardian regarding this. Whilst FIRE getting more mainstream attention is good, I don’t think the world is ready for this movement just as yet. To see what I mean, just go and have a look at the comments section of the Guardian article I mentioned earlier. It looks like the majority of readers simply can’t comprehend the idea of financial freedom. Most of the comments are negative. People want an easy fix to their problems and attaining financial freedom is hard work as you need to save […]


The Mutual Fund Game Is Rigged In The Managers Favour

I have alluded to fees being an antithesis to performance many times over the past few years. Fees are the main reason why index funds outperforms actively managed funds. The following from famed venture capitalist Chris Sacca further cements why fees are an investors worse nightmare and that mutual funds are rigged in the managers favour. Although the comments below are to do with venture capital but it could as well be applied to mutual funds. Have a read and see whether or not you are still comfortable holding your money in a mutual fund. Chris Sacca on Fees: “This is a rigged game, right? And I’m just looking to […]


What Is The Financial Independence Retire Early (FIRE) Movement And How To Obtain It 2

Over the past few years, many of you who are interested in personal finance have come across the FIRE movement. This article will help explain what this movement is all about and how you could be one of the people that follow the movement. What is Financial Independence Early Retirement (FIRE)? Financial Independence and Early Retirement, or FIRE for short, refers to achieving a level of passive income that covers all your expenses and spending commitments allowing you to withdraw from the workforce and retire early. Most people who join the movement hate their jobs and thus aim to create a self-sustaining pile of money that let’s them do whatever […]


You Need To Become A Collector Of Cash Generating Assets

If the 1% had a secret it would be this – they focus on collecting assets that generate dividends, interest, rents and royalties. The collect cash generating assets such as patents, movie rights, property ownership, businesses, equities or farmland. On the other hand, the majority of people focus on collecting ‘stuff’. They always buy liabilities instead of assets and wonder why they never get ahead. It’s time to learn the rules of the game. Its time to learn how money works. What you read, watch and fantasise about the rich and what they actually do are two different things. Most people have this erroneous view that the rich splurge without […]


4 Factors To Consider Before Investing In A Consumer Staples Company

When Jeremy Siegel and Jeremy Schwartz were doing research for the book The Future for Investors, they wanted to find the best performing stock from the original 1957 version of the S&P 500[i]. What they found wasn’t an exciting technology stock, or a behemoth oil company, but rather a simple consumer stock: cigarette maker Philip Morris (now called Altria Group). What’s more, Siegel and Schwartz found that 11 of the top 20 long-term performers came from the same boring economic sector: consumer staples. And Jeremy Siegels findings were not an outlier. Consumer Staples companies – those that sell essential repeat everyday products such as food, beverages, tobacco and household items […]


Billionaire Charlie Munger On How To Get Rich Through Investing 1

One of my favourite investment thinker and theorist is Charlie Munger. And if you have read any of his investment pieces or listened to any of his interviews, you would understand why. Mr Munger is a stern believer that an investor would be better served by focusing on better quality businesses, even if the price were higher, because those businesses could be held for decades, continually churning out cash and profits for the owners. This level of thinking rubbed off on his long-time business partner, none other than the legendary Warren Buffet, and led to Buffet acquiring stakes in quality companies such as Coca Cola and shunning the “cigar butt” […]


A Letter From Warren Buffets Grandfather – The Importance Of An Emergency Fund

In personal finance circles, one of the most important actions an individuals should take is to build an emergency fund. This is the money set aside for a rainy day. In is good practice to build an emergency fund before you even start to think about investing. Read the below letter from Ernest Buffet – Warren Buffets grandfather – to see how important an emergency fund is to your financial and psychological wellbeing. Dear Fred & Catherine:   Over a period of a good many years I have known a great many people who at some time or another have suffered in various ways simply because they did not have […]


Why Stocks Are The Best Asset Class To Own

There has long been a debate about which asset class is the best to own. The discussion around property vs equities is particularly interesting. But in my opinion, there should be no discussion for long term investors as equities (stocks) are the best hands down. Looking at historic returns, equities have historically outperformed all other asset classes returning 9% per annum whereas property only returned 5.7% per annum. So why do equities outperform all other asset classes? The main reason why equities produce higher returns is due to equities having the unique ability to compound in value in a way that investments in other asset classes cannot. The explanation for […]


Investors Need To Understand Accounting – Warren Buffets 1982 Shareholder Letter

It seems that most investors today are oblivious as to the language of accounting. They would rather look at headline figures presented in financial media than actually dig through an annual report. Even famed investor Terry Smith once mentioned that analyst – the people that are paid to scrutinise a companies performance – don’t usually read a full set of accounts. But if you want to be an investor in individual stocks, it imperative that you learn the language of accounting. The accounts give you the clearest picture of a business and where it is headed. The accounts can show you weather a companies earnings are real or if they […]