“How are you?” “I’m fine, thanks. How about you?” “Well, good enough, I’d say.” Good enough…?! On closer inspection, what sounds like a boring and unpleasant description of one’s own state of mind is an expression of deep insight and satisfaction with life. Those who free themselves from the shame of not being the best, most perfect person at the maximum of their life’s possibilities get rid of the pain of always chasing after an ideal that can hardly be achieved. It is the same with investing. The search for the perfect investment – a frustrating endeavor The world of investment is like a lab ..read more

Welcome to a new report of my Dividend Diary on the TEV Blog. Here, I report the development of a cash flow-oriented investment approach that focuses on generating a passive income through dividends. Against this background, the goal is not to outperform the market but to put food on the table through a regular income via dividends. With the Dividend Diary, I document how a cash-flow investment approach can be part of well-balanced wealth management. To keep things simple, I have built three pillars: Active income. Passive income. Conversion. Dividends fall into the last two categories. They ..read more

Investing is easy. You deploy your capital with a purpose. But already from here on, things get more complex. What is my goal, and how much time do I want to give my capital to serve its purpose? Stocks, options, gold or bitcoin, the possibilities are numerous, and the internet is loud and full of advice. The time I spend in these bubbles is far too valuable and should be spent somewhere else.  There is enjoying life… Time is a very limited commodity. As a hedonistic person, time’s purpose is to provide me with as much pleasure and value as possible. I invest in both, life and stocks. By ..read more

Welcome to a new report of my Dividend Diary on the TEV Blog. Here, I report the development of a cash flow-oriented investment approach that focuses on generating a passive income through dividends. Against this background, the goal is not to outperform the market but to put food on the table through a regular income via dividends. With the Dividend Diary, I document how a cash-flow investment approach can be part of well-balanced wealth management. To keep things simple, I have built three pillars: Active income. Passive income. Conversion. Dividends fall into the last two categories. They ..read more

Three concepts or schools of thought have changed my life. Antifragility, serendipity and critical rationalism are all interrelated. They are mutually dependent and, at the same time, overlapping. This article is a little longer and not meant to be consumed on the subway or casually like a tweet. So read it with peace of mind and a little coffee, tea, or Lagavulin. Critical rationalism – tear down that thesis Critical rationalism is like a Copernican revolution in one’s own thinking. The founder of this school of thought is Karl Popper, and if there is a battle cry for critical rationalism, th ..read more

Welcome to a new report of my Dividend Diary on the TEV Blog. Here, I report the development of a cash flow-oriented investment approach that focuses on generating a passive income through dividends. Against this background, the goal is not to outperform the market but to put food on the table through a regular income via dividends. With the Dividend Diary, I document how a cash-flow investment approach can be part of well-balanced wealth management. To keep things simple, I have built three pillars: Active income. Passive income. Conversion. Dividends fall into the last two categories. They ..read more

New year, new opportunities! Now is the ideal time to review my investment results and ensure they align with my investment strategy. As stock pickers, we are at a disadvantage Especially as active investors, as I am, we should take this step regularly. Unlike ETF investors who invest capital in a broadly diversified ETF on a monthly basis, we face some systemic challenges. ETF investors benefit from the long-term nature of the stock market: losers are weeded out, while winners automatically remain in the basket. This is true even for last year’s weirdest bull markets of all time. A basket of ..read more

Welcome to a new report of my Dividend Diary on the TEV Blog. Here, I report the development of a cash flow-oriented investment approach that focuses on generating a passive income through dividends. Against this background, the goal is not to outperform the market but to put food on the table through a regular income via dividends. With the Dividend Diary, I document how a cash-flow investment approach can be part of well-balanced wealth management. To keep things simple, I have built three pillars: Active income. Passive income. Conversion. Dividends fall into the last two categories. They ..read more

Investing in 2024 will once again be challenging. We will see a lot of uncertainty and we will be flooded with a wealth of information. I will still sleep soundly, even if it gets more turbulent. My clear perspective and strategy help me avoid being swept away by the market noise. Ignore the noise The first and perhaps most important principle for me in 2024 will remain not to be influenced by the flood of information and headlines. YouTube videos, Twitter/X, will once again be firing from all cylinders to generate clicks. It is tempting to react to every headline and take every forecast serio ..read more

The biggest obstacle to achieving one’s goals is that the path to them is lined with doubts, lies, bullshitters and many other things that distract the ambitious wanderer. The longer the path and the further away the goal, the more difficult it is to stay disciplined. Investing has never been so easy Investing has never been as easy as it is now. There are opportunities everywhere to build up a small fortune through investments with little capital. Discount brokers offer low fees and the internet provides us with a wealth of content to help us make our investment decisions. Platforms such as S ..read more