Many useful questions you should ask yourself now as we might be just before a recession. Katrin from FinancialIndepenceRocks has experienced a recession before, in which she lost her job. Prepare yourself with her stress test!
Indeed, there’s some cool stuff in there… Did you know for instance that a guy used the stock market to understand the U.S. Hydrogen Bomb?
The markets have been going up for the last few years and it is sure they are going to drop one day. Every now and then, predictions for a new crash or a market correction come up. Is there anything we can do right before a market crash? FIREvLondon has listed 6 things to do, for example focusing on defensive stocks or increasing your ’emergency fund’. And then he reveals what he is going to do. Read the blog post…
Time to run for the hills! Says FIREvLondon. Or rather keep kalm (and listen to Iron Maiden’s song “run to the hills“)?
What if you discovered the concept of FIRE earlier in your life? What if you FIRE right at the starting of a big financial crisis? Weenie from Quietly Saving thinks aloud about these questions.
The Road to One Million: Venezuela has cut 5 zeros from its national currency this week. This was president Maduro’s latest attempt to fight against extreme hyperinflation caused by the country’s massive debt, money printing and crazy leaders (or shall I say by imperialist agitators?).
Ms ZiYou gives us a good explanation of what inflation is and how it works and reflects on whether it’s a good thing for her in her situation.