JPMorgan Chase Miguel Palhas and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

1. How to remain
"not poor"

2. How to
get rich

1. How to remain
"not poor"

2. How to
get rich

/æpoʊˈfiːniə/
the human tendency to perceive meaningful patterns within random data.

Apophenia

S&P 500  1920-2019 

David Leinweber found that the indicator most closely correlated with the S&P 500 Index is the 

volume of butter production in Bangladesh

"Lethargy bordering on sloth remains the best investment style.
The correct holding period for the stock market is forever."

Warren Buffet

Diversification

  • Asset types
    - gold, cash, real estate, bonds, stocks, art, crypto
     
  • Industry
    - technology, health, real estate, renewable energies, ...
     
  • Geography
    - US market, Europe, China, emerging markets, ...
     
  • Risk level

Risk

2. Inversely proportional to your age

3. Whatever makes you sleep at night

1. Two types

The list some people asked me for:

  • Activo Bank
  • Banco Invest
  • Degiro
  • Housers
  • eToro
  • Raize

Friday Talks - Personal Finances

By Miguel Palhas

Friday Talks - Personal Finances

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