I love ice cream, chocolate and coffe. To consume and to invest in (drawing by the author)
In my view Nestlé, the Swiss-based world largest foodmaker is one of the very view companies being indispensable for my portfolio. For me, it is an investment for life. In the last decades, it offered higher returns on equity which led to even better long-term wealth creation than its competitors such as Unilever or General Mills (of course each of them too has been excellent as long term holding). Have a look at the Nestlé’s brands list and its financial fundamentals and you will see, this company plays in a league of its own. Continue reading Nestlé Dividends made generations of investors a fortune
I have never been a big spender. I have always been a much better saver instead. Money is energy, often traded against time and effort. It is too valuable to be wasted. The consumerism mantra “one earns to spend” is a very tricky one.
You cannot have a voluntary, independent life while drowning in debts and living from paycheck to paycheck. As long as you have to work hard for your money to make a living, you are stuck in a treadmill and will never be free. You cannot rise to the top of your capabilities and pursue your dreams.
draw and shape your (financial) life
drawing by the author
You must put yourself in a position – financially and mentally – in which you have options. Continue reading How I think about wealth and why I started this blog