As if we didn’t have enough troubles already, today added another nail to the coffin of the bleeding stock market. OPEC and Russia couldn’t agree to cut down on the oil production (to keep the oil price steady), and as a result of the decreased demand (hello, Corona virus), the oil price plummeted. And the…
History in the making
Boy, was I wrong!
2019 is drawing to a close, and as is the norm on the Total Balance blog (easy now hot shot, this is only the first full year of blogging!) it’s thus time to take a gander back at this years major events – good or bad! My wife asked me yesterday, if I had a…
Why you shouldn’t invest like me
I’m going to be the devils advocate today, and explain why I think you shouldn’t invest like I do. It might be a bit counter-productive, but I think it’s important to own your investment strategy, and in order to truly do that, you need to explore alternative options. My (current) strategy is based on two…
New Pension provider!
Hello, new pension provider! After waiting for about 3 months, my pension funds have now been moved to a new provider (chosen by the company that I work for). I have been anxiously awaiting this move, as the new provider allow me to create my own custom investment strategy, in that they have a number…
Less is not always more
When I tell people that I’m currently planning to invest in a real estate project (rental property), their immediate reaction is: But real estate have become so expensive (again), are you sure this is the right time to go into real estate?! This is the typical reaction, because people look at graphs of the real…