What has the French finance minister said? The French finance minister (ministre de l’Économie, des Finances et de la Souveraineté industrielle et numérique), Bruno Le Maire, has came up with …
Government bonds, don’t ignore them
How do government bonds work? A government bond is how governments raise money to fund public expenditure, besides taxes. If you purchase a bond for say, 100 euros, the government …
The difference between gambling and investing
What is the difference between gambling and investing? When investing your expected return is positive, when gambling it is negative. That’s the simply answer, now for a more in-depth explanation …
What is a Lombard loan?
What is a Lombard loan? What is a lombard loan? A lombard loan is a loan secured on your investment portfolio. The funds can generally be used for any legal …
Tax breaks for auto-entrepreneurs in France
What are auto-entrepreneurs? An auto-entrepreneur is a legal status for a self-employed individual in France with income below certain limits. An auto-entrepreneur manages a micro-entreprise. Before 2016, there were differences …
Financial Independence Retire Early (FIRE)
What is the Financial Independence Retire Early (FIRE) movement? These days it is mostly an online community of people who reject the traditional idea of working for 40-odd years and …
The importance of portfolio rebalancing
What is investment portfolio rebalancing? Portfolio rebalancing is the process of selling and business investments in order to return to the target asset allocation. Why is portfolio rebalancing necessary? …
The problems with Bitcoin
The problems with Bitcoin At approximately 62,000 euros per bitcoin as of the 8th of March 2024, the most well-known cryptocurrency is at its record high, but there are good …
The mathematical argument for investment diversification
The mathematical argument for investment diversification You may hear financial advisers say that you should have a diversified investment portfolio, but why? Just to spread the risk and not to …
The 2023 French pension reform
The 2023 French pension reform explained (la réforme des retraites) In 2023 the French government succeeded in passing many changes to the French state pension system. The process of reforming …