Mr. FightToFIRE

Time-Weighted Return vs Money-Weighted Return

TWR vs MWR: calculating the benefits of deposit and withdrawal

Time-Weighted Return (TWR) and Money-Weighted Return (MWR) are excellent metrics to analyze your portfolio’s performance. But they tend to be misunderstood. I want to unravel this today by using my own portfolio and the multiple deposits I did over the course of a couple of months.

My monthly Savings Rate report: May 2020

As eluded to last month, May was a life-changing month. I even received a little surprise windfall at the end thanks to my grandmother's inheritance. With all of the preparations done in April, May was relatively calm in terms of expenses. This further improved my Savings Rate and pushed it to an all-time high.

How PSD2 will make banking more beneficial for you

Isn’t it frustrating to see how something simple like your various bank statements are still separate per bank. Wouldn’t it be great to automatically import them into your favorite banking app? Well, Europe has you covered. With the new Payment Services Directive (Directive 2015/2366, 2015), usually shortened to PSD2.

Managing a rare windfall: my grandmother’s inheritance

2nd May was a day I will never forget. I married the love of my life. Eventhough this was during the Coronavirus pandemic, and we were in lockdown, resulting in not having any witnesses, we were still able to make it our own and have a day that we will remember fondly. Unfortunately, a week prior, I experienced my grandmother’s passing, something I won’t forget. Without a doubt the darkest moment in my life, but I would never have thought she would take care of me even after death.

Palladium wedding rings on a wooden surface

Should you invest in Gold alternatives? Checking out 3 alternative metals

Our wedding bands — This is the render of the wedding bands we ordered to symbolize our commitment to each other.

Recently, my wife and I were looking for our wedding rings.

While checking out different stores, I started thinking. Could white gold, platinum, and palladium be good gold alternative investments just as they are alternatives in wedding rings?

Investors see gold as a safe investment in times of economic turmoil. But what about its lesser-known but more expensive and rare (metal) sibling palladium (not to be mistaken with platinum)? And what about white gold? Should you invest in any of these?