I have been on a simple path to wealth. But with the markets going mad, I’ve done the biggest revision of my investment philosophy in 10 years (when I decided to get one). I’ve decided on a broadly diversified asset…
Author: Dave Colley
After a period of self discovery in his early 30s exploring topics from Financial Planning to Meditation, Dave asked himself why he only now discovered some of the key critical ideas that lead to a happier, more purposeful, less stressful life. In short more successful.Why wasn’t this taught earlier? He had given away his time in his 20s cheaply. He is determined help others fast track their way to success through coaching, blogging and courses in the academy.He reads extensively and is coached by the best, this is coupled with life experience and degrees in Financial Economics, as well as being a Chartered Accountant.See what he is doing now - http://smarturl.it/DC-Now
Good habits, bad choices – A secret to more happiness
I had a Castle Lite lager this evening. It was spectacular. I had been holding on to the last of my beers, as alcohol sales have been banned in South Africa for over a month. It’s fascinating to think how…
Planning to Emigrate from SA in the next 5-10yrs – you should probably max your RA contributions
Tax can be complicated and it changes. I am not a tax expert either, so I have no idea if the tax interpretation is accurate. I do like financial models and I’m pretty good at them (of course they can…
Science Questions, So I can Trust
It is necessary to question. It’s also necessary to trust. Science is designed to be refined over time. It sets up questions, that can get refuted. Something, that can be proved wrong. The scientific method is the process of making…
When the likely outcome occurs and you regret it – is it a mistake or a choice?
I have cultivated a lot of good better habits. I stopped drinking for 18 months to curb the occasional (or frequent) binge sessions. I took up running for fitness, weight loss and mindfulness. I went mostly vegan for 9 months…
The 5 Love Dissuasions – How acts of love are unknowingly rejected
I recently read the 5 Love Languages. It is a powerful read and I encourage anyone looking to enhance their intimate relationships to add it to their reading list. But I feel it is incomplete. As is my intention, I…
Getting Things Done – Starters, Finishers, Do’ers, Don’ters
If a task needs doing. I give it to a doer. I have found that giving something to someone who has the time, often ends up being more work than just doing it myself. Some people are great at starting…
The Hierarchy of Assets – A simple journey from Cash to Equity
It can be confusing to understand the financial system. To help, this is a conceptual financial journey, there will be exceptions. Before we start: We pay a premium (extra) for certainty Risk – Risk is that we get something other…
First Order thinking is limiting – Make slower and better decisions
A simple question that could fundamentally change your thinking. “What are the second and third order consequences?” Ray Dalio I was chatting with my cousin and his wife. They are both involved in the military. She mentioned that they were…
Your Deceptive Values, Your Reflective Habits
It was windy and raining, a cold front was passing over. The weather was not appealing, but it would have been more uncomfortable not to go. I put on my running shoes. If I hadn’t, it would have itched at…