Financial Independence

Luxury cars, cumbersome ski gear, guest rooms, a very spruced up guest bathroom, the second TV… these are only a few of the ways in which you can demonstrate your own success, the belonging to a ‘better’ social class. Collecting thousands of objects which are losing their value throughout time, possessing some spaces that require a full day of maintenance — a wellbeing which is often misleading. Downsizing is applied when families own a house that is above their necessities. Nowadays, it is not uncommon to see that, depending on the occasion, families tend to move into larger houses: a significant sale, an unexpected inheritance; in most cases, ‘to expand oneself’ is emotionally satisfying, but rationally speaking, it is less convenient and justifiable. ...

I robo-advisor sono software capaci di fornire consulenze d’investimento operando mediante algoritmi di ribilanciamento. Possono limitarsi alla consulenza, lasciando all’investitore l’onere e la libertà di gestire il portafoglio, oppure possono appoggiarsi a conti bancari fino ad automatizzare l’intera gestione. Garantiscono la diversificazione del capitale, possono essere alimentati con depositi occasionali e con piani di accumulo (PAC). La mia esperienza Venni a conoscenza dei robo-advisor mentre mi districavo nel mondo dello swing trading, quando studiavo e investivo le prime somme. I risultati erano discreti, ma al prezzo di spendere la maggior parte del tempo in analisi e seguendo le news. Inoltre il mio modesto capitale era scarsamente diversificato. Decisi di rivolgermi a un professionista. ...

Robot-advisors are software able to provide investment advice by operating through rebalancing algorithms. They can limit themselves to advice, giving the investor the duty and the freedom to manage the investment; or they can lean on some bank accounts to get the whole portfolio management automated. They guarantee diversification, and can be fed through random deposits and dollar cost averaging (DCA). About my experience I found out about robo-advisors while I was exploring the world of swing trading; at that time, I was studying and investing my first amounts of money. The results were decent, but I had to spend most of my time in analysis and following news, and I also realized that my modest capital was poorly diversified. So, I decided to ask a professional for advice. ...

Geo-Arbitrage Geo-arbitrage (geographic arbitration) is the practice of economic and financial speculation based on disparities between geographic locations and different markets. The term was popularized by Tim Ferris in his bestseller The 4-Hour Workweek. Below I’ll analyze ways in which an individual could benefit from geo-arbitrage. Digital Nomadism The number of job offerings with a decent salary and the option of telework is increasing. Digital nomadism exploits this combination by moving to countries with a low cost of living, thereby maximizing purchasing power. ...

The term financial independence indicates a state of finances in which an individual can fulfill primary needs without participating in employment. It is usually achieved when the difference between recurring revenue—corporate dividends, product sales, real‑estate rentals, etc.—and living expenses covers the basic quota for personal sustenance. The path to financial independence is usually undertaken by people with a strong desire for freedom, or by people with significant capital looking for smart ways to manage it. This goal is rarely achieved by luck—like a lottery win—but rather by a strong and disciplined management of personal finances, with a pinch of entrepreneurial skill. ...