Time-Weighted Return

I've been struggling a bit with keeping track of the performance of my portfolio and specific assets and asset classes that I own. I am not an accountant. My initial approach to measuring performance was to take the difference between current portfolio or holding value (V), subtract the amount I invested (I) and divide the … Continue reading Time-Weighted Return

Life’s a budget and then you retire

The title of this post is a variation of life's a bitch and then you die. I somehow always believed in the power of not budgeting. Of automated savings and conscious spending to avoid lifestyle inflation. I rather relaxed while the 'beginners' were¬†deciding how much to spend on groceries, personal care, and entertainment each month … Continue reading Life’s a budget and then you retire