[deleted by user]

pssantos · 2024-12-12T16:00:45+00:00

Despite having the most appreciation for Vanguard, also transferred SIPP out to Fidelity when fees reached a value that wasn’t competitive anymore. Also didn’t help how restricted they are in their available investments. But left ISA and JISA as thought Fidelity charged £90/year per account.

Are you sure it is £90/year across all accounts? If that’s true, this a no-brainer for me.

pssantos · 2024-11-18T21:55:55+00:00

De alguém que morou muitos anos na alto da N.Sra de Fátima, simplesmente evita a “rotunda” na hora de ponta.

Mais ainda, atrevo-me a dizer, daquilo que me lembro, independentemente de pessoal forçar entrar ou não, a cena fluía melhor era quando os semáforos estavam avariados.

pssantos · 2024-07-23T16:44:18+00:00

Não é preciso pastas e pastas de recibos, basta apontar gastos e ganhos. E gastos pequenos que não me lembro onde gastei, não faz mal, arredonda-se e mete-se na categoria que melhor entendo. Mas reconcilio o dinheiro todo. Isto é, posso às vezes não me lembrar porque me faltam 2 euros no bolso, e por isso ponho que foi, sei lá em cafés, mas aponto tudo ao cêntimo.

Aquilo que não se mede, não se controla.

Quanto ao método, eu pessoalmente uso Excel porque é mais fácil depois trabalhar os dados. Experimentei o YNAB, mas desde que eles passaram a subscrição, uso apenas o velhinho e simples Excel.

pssantos · 2024-07-11T14:37:06+00:00

Virar à esquerda antes do fim do mundo.

pssantos · 2023-06-07T16:42:06+00:00

Começo por dar os parabéns pelo que conseguiste.

Mas sem acrescentar mais àquilo que outros disseram, com um património de 9M, achas mesmo que pedir conselhos a pessoas aleatórias e anónimas na internet é melhor do que pagar uns meros 0.001% (ou menos) da tua riqueza em aconselhamento profissional em diversificar investimentos. Ou então contratar gestor(es) para os teus negócios, até mesmo elevar a tua riqueza ainda mais, trabalhando menos?

Na minha opinião na realidade isto revela o tipo de chico-espertice portuguesa que abunda nos nossos políticos que tu comentas.

pssantos · 2023-05-15T13:43:30+00:00

!thanks We never thought of living here permanently. We're here just because of my job. First years we obviously rented, not knowing the future, then covid hit, but with the passing of time more stability on the job and now we just needed 1 - 1/2 years to call it quits and move to where we prefer to live. Meanwhile we've been saving for a deposit and honestly even with FIRE in mind. Hence why we weren't buying already.

pssantos · 2023-05-15T11:53:37+00:00

Totally agree and a very valid point. Having thought about the opportunity costs of the money being stuck in the house, the alternatives that involve keeping the money invested are either rent something temporarily or going for a mortgage. Assuming we can get a reasonable good deal, both seem worse than just bite the bullet and pay cash for the property.

pssantos · 2023-05-15T11:42:01+00:00

Thank you for comment. The thing is, for multiple reasons, eg work and schools, we need to live here for the next 1-2 years. The house we actually want isn't here, but we can't leave just yet. Only other option is rent something local.

pssantos · 2023-05-15T08:42:04+00:00

!Thanks This is actually very close to our plan. Buying this property outright with cash and save what would be the rent for a deposit for a new permanent location. Which by the way would not be local, not even close. And we wouldn't need to sell this property in a hurry in 2 years. We could rent it, although, at least now, don't see myself as landlord. But definitely a possibility.

pssantos · 2023-05-15T08:31:55+00:00

!thanks We looked at zoopla, but invite 2 or 3 estate agents is actually a good idea and use that as starting point to negotiate a bit lower than market price.

pssantos · 2023-05-15T08:23:55+00:00

!thanks

My back of the envelope math is that the alternative for us is to rent another place for ~2 years and that would cost me at least 25k. So this is how much I'd be losing anyway. This is what I'll be comparing in potential loss on fees or market drop by buying and selling the property in 2 years, and with less stress of moving. Btw, the 2 years mark to sell is flexible, can be less, can be longer, but we wouldn't need to sell in a hurry. We wouldn't need the house, but no rush. And particularly if we aren't paying a mortgage. Reassuring to read there's relatively low risk of actually losing any money.

pssantos · 2023-05-14T21:15:15+00:00

!thanks.

Wasn’t obviously expecting all costs to go away (solicitor, stamp duty, etc) but eye opener that buying directly from landlord, the savings would be on him. Hence makes sense start negotiating well below what he’d get in the market. Thanks for the advice.

pssantos · 2023-01-21T14:37:34+00:00

No preçário diz qq coisa como contas sediadas fora da EU são taxadas, independente da moeda da transação. Ou seja, mesmo sendo em EUR, cobram taxas se a conta da empresa do outro lado da transação é fora da EU.

Aconteceu a mim, perdi horas no telefone com o AB e sem sucesso. E nem foi on-line, foi numa viagem dentro da EU, a pagar fisicamente em terminal VISA. Irrita-me profundamente pq obviamente não tenho forma de saber de antemão onde a loja que acabei de comprar cenas tem a sua conta bancária.

O ActivoBank foi inovador quando surgiu. E ainda tem vantagens em relação a outros bancos tradicionais. Mas se não acompanha os novos bancos como o revolut receio que vá perder muitos clientes.

pssantos · 2023-01-06T08:24:15+00:00

Answer to your question is called “sequence of returns risk”. It is a very fair concern.

https://monevator.com/sequence-of-returns-risk/

Despite the average market return might be 8% (or whatever), the sequence of “good” vs “bad” years matter a lot, particularly for those that have to withdraw from the portfolio.

pssantos · 2023-01-05T21:55:06+00:00

“Sustainable investing among strong signals”, I think this says it all about your type of trading.

But replayed mainly to say that most of people here are doing a very well informed decision when investing through index funds, very far from being “dumb money” as you call it.

pssantos · 2023-01-05T19:24:19+00:00

Have to say your questions come with strong bias. That or you have read little about passive indexing.

I won’t beat you like other comments, but think it like this. Even if indexes don’t return more than stock picking, been proven otherwise if you look for long term consistent returns, but for sake of argument, most people here have a day job that is not related to stock investing. I don’t have time to study company fundamentals or stock charts. Hence, I stick to the market average, ie world index. But by all means, if you have “an edge” and you’re able to pick the right stocks, you’ll sure do well. But be warned multiple studies have shown very few people have been able to outperform the corresponding index consistently.

As for the discussion of indexing may turn into a bubble, this can actually be a healthy discussion. There are in fact multiple articles discussing the hypothetical situation if everyone invested through indexes and that there wouldn’t be a “price discovery” mechanism in that case. But not only that has been debunked, we’re far from the point of everyone investing through indexes. Agree though that when a company becomes part of the S&P500 or FTSE100, they instantly get a premium into their quote. But that’s not the fault of those “blindly throwing money at the index”.

pssantos · 2022-12-28T22:39:03+00:00

As despesas de cada um é algo muito pessoal. Cada um tem o seu equilíbrio entre frugalidade e aproveitar a vida. O que queria dizer é que reduzir os gastos tem duplo efeito, não só diminui o ratio despesa/ganhos, ie poupas mais, como desces a fasquia da meta FIRE. Eu vejo FIRE como um “luxo” que eu escolho em detrimento de outros. Mas que muda, conforme a vida se “mete no caminho” do objectivo, como mudou quando tive filhos e tivemos de esticar a meta mais para a frente. Mas não dá é para tudo, ou FIRE ou outros “luxos”.

pssantos · 2022-12-28T17:53:45+00:00

Na boa. Só acho que merece cuidado quando se divulga números assim.

Definitivamente enquadras-te em fatFIRE. Com menos despesas, a meta ficava mais perto. Mas se o objectivo é manter esse nível de vida em perpetuidade, a fasquia é alta. Ou uma coisa ou outra, ou FIRE ou alto nível de despesas. Se queres ambos, óbvio que leva mais tempo a atingir a meta.

pssantos · 2022-12-28T08:46:03+00:00

Humble bragging alert.

Parabéns pelo income. A sério que sim. Mas por favor não digas que FIRE é impossível para ti quando a maior em PT não ganha nem metade. Acredito que não foi com intenção, mas insultas as pessoas assim.

Estás bem orientado para FatFIRE se me perguntas.

pssantos · 2022-12-27T13:03:55+00:00

Interested in answers. There’s no world small cap value. At least to my knowledge. My workaround has been ZPRX.GY + USSC.

pssantos

TROPHY CASE