skip to Main Content
Having Savings Is Important To Protect Your Wellbeing

Money can’t buy happiness but saving helps

Last Updated on: by

There is a famous saying that money can’t buy you happiness. That may be true, but having money sure can help in gaining happiness. If there is one thing that the corona pandemic has shown us, is that saving for a rainy day isn’t such a bad idea. It can prevent a lot of unhappiness.

It is also no secret how we feel about ourselves and the world, in general, is connected to how much money we have, and savings play a big part in that.

Read More
PSD2 Explained

How PSD2 will make banking more beneficial for you

Last Updated on: by

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.

Read More
Panoramic View Of London

6 ways Brexit impacts your wallet

Last Updated on: by

The Brexit is like a bad soap that is unfolding in real-time. The press has spilled a lot, and I mean a lot, of ink over this event ever since it started on 23 June 2016. Yep, it’s been that long.
And as things are unraveling for Boris Johnson the future of Britain remains. What is sure, is that a Brexit, no matter if there is a deal or not, will have a huge impact on the lives of millions of Brits and Europeans.

Read More
MIFID II Directive - Markets In Financial Instruments Directive

MiFID II explained: How EU is trying to protect its investors

Last Updated on: by

In this post, I’ll clarify MiFID (II) or Market in Financial Instruments Directive and Regulation (so not MiFID (II) Directive). I’ll answer the following questions:

  • What is MiFID II?
  • Why was MiFID II created?
  • Who is MiFID II for?
  • What impact does MiFID II have on (retail) investors?
MIFID II directive - Markets in Financial Instruments Directive
EU directive: MIFID II - Markets in Financial Instruments Directive

Acronyms, who doesn’t love ’em? From the United States with agencies such as FBI, CSI, NCIS, FCC, etc. To Europe with ESMA, OPCW, or NATO. In turn, institutions and organizations like to use them too for their rules.
It are these regulations that I’d like to clarify. Since there are quite a few that specifically impact investors/traders, I created this series.


“European Acronyms” is pretty straight-forward. I go over various terms that appear often in the news and media, and that also has an impact on us investors.

What does MiFID II mean in simple terms?

MiFID stands for Market in Financial Instruments Directive. It’s a set of rules that aims to increases transparency across the European Union’s financial market.

The first version of MiFID implemented new measures, such as pre- and post-trade transparency requirements, and created rules of conduct for the EU’s financial firms. The first version of MiFID was primarily focused on Over The Counter (OTC) transactions.

You might think that MiFID was created after the 2008 financial crisis, but it actually came into effect prior to that. The EU did make changes in light of the crisis.

Read More
PRIIPs Regulation Printed On The Side Of A Ring Folder

How to Buy US ETF in Europe with PRIIPs ETF Regulation?

Last Updated on: by

Most retail investors that trade on their own already noticed starting 2018. As a European, it’s not possible to buy US-based Exchange Traded Funds (ETF) anymore.
If you were trying to find out how to get these US-based ETFs in Europe, I hate to burst your bubble, but there is no straight forward for this after a new ETF regulation in Europe (no, options aren’t straightforward). The major culprit? PRIIPs.
PRIIPs stands for Packaged Retail and Insurance-based Investment Products. Phew, that’s a mouthful, isn’t it? No wonder everyone uses the abbreviation.

Read More
Banknotes And Coins On A Table With An Hourglass

The Most Important FIRE Ratio: FIRE Savings Rate

Last Updated on: by

The FIRE Savings Rate (SR), is probably one, if not the most important concept you must understand when you try to reach Financial Independence and Retire Early. It’s also the perfect place to start if you are wondering how to get into FIRE. So, let us see what this FIRE savings rate or simply “FIRE ratio” actually is.

Read More
Back To Top
×Close search
Search