Since 1979, the Chinese economy (in GDP) has been growing at an astonishing rate of 9.5% per year! That’s an incredible achievement. Because of this enormous growth, China was able to double its GDP every 8 years. However, as you can expect, the Chinese economy cannot grow like this forever. The International Monetary Fund (IMF) expects growth to slow down to about 5.5% per year as of 2024. So, are you too late to invest in China? If not, how can you invest in China yourself? Let’s find out more!Continue reading “How to invest in China? China’s growth story!”
With tech firms disrupting many industries, reorganizations are the new normal. I’m about to face one myself in the coming year or so. Since my day-job is my most important source of income, the key question here is: how to survive a reorganization and still make the most of your career?
There are several things you can do before a reorganization and potential layoff. The sooner you start the better! Let’s find out more about 7 of them. Continue reading “7 things you can do to survive a reorganization and get out stronger!”
In many families talking about money is frowned upon. But if you want to reach financial freedom talking about money is essential! If you are single, you can just follow your own road to financial freedom with no need to consider a lot of variables. But once you have a spouse and kids things become a lot more complicated!
Talking about money with family needs to be as common as talking about the weather or your next vacation. Once you lift the money taboo you can make big steps to reach financial freedom! I will share some things we applied in our family of 4. Continue reading “How to manage money as a family and reach financial freedom?”
Recessions come and go. In history there have been many recessions in the US. Since 1777 around 47 (1 every 6 years). In most recent years recessions have lasted for about 10-18 months. Obviously, the most vivid recession for millennials was the financial crisis in 2007-2008.
This recession lasted 18 months with the stock market dropping more than 50%. Combined with a peak unemployment rate of 10% (the highest since 1937), the ‘08 recession was vicious!
With over 10 years into the bull market the next recessions (at least historically) seems just around the corner. The question is: how to prepare for the next recession? There are several things you can do to limit the blow of an inevitable crisis and bear market. Let’s find out! Continue reading “How to prepare for the next recession and make money in the process!”