Traveller's Will

1. you have to be a patient long term investor 2. avoid listening to predictions 3. you have to stay invested (at least in part) amidst market volatility 4. understand what you are investing in or know what the business does accurately, rather than assumptions 5. take advantage of Mr Market as a person 6. taking advantage of the stock when the opportunity presents itself 7. compare the valuations with other peer companies

Porto: 1. Ponte de Dom Luis I (English: Dom Luis I Bridge) 2. Ribeira do Porto  3. Estacao Ferroviaria de Sao Bento (English: Sao Bento Railway Station) 4. Cais de Gaia (English: Gaia Cable Car) 5. Capela das Almas (English: Chapel of Souls): this chapel is quite beautiful with its artist blue tiles. 6. Se do Porto (English: Porto Cathedral): this has one of the best views of Porto and Douro River. 7. Rua de Santa Caterina: this is one of the main shopping streets with lots of cafes and patisseries. The Capela das Almas is on this street. 8. Igreja de Santo Ildefonso 9. Igreja dos Clerigos 10. Livraria Lello 11. Igreja do Carmo 12. Camara Municipal do Porto (English: Town Hall of Porto) 13. Ponte da Arrabida 14. Vila Nova de Gaia 15. Matosinhos/Foz do Douro Recommended Surrounds: 1. Povoa de Varzim 2. Guimaraes 3. Barcelos 4. Braga 5. Douro Valley wineries esp. Regua and Pinhao 6. Vila Conde

I've always believed in doing things by myself as much as possible and trying to lower the costs of doing each activity by understanding the entire process. So I've written this post to explain the steps I took with my "Do it yourself (DIY)" application process and recorded the cost of each process. To begin with the process, I enquired about the D7 visa with the Portuguese Consulate in Sydney Australia, and this is the list of the requirements they provided me (note: amount requirements was based on November 2021 eg. minimum income in Portugal at the time): The official application form and passport requirements are self-explanatory. You should follow the steps accordingly esp. application of the NIF is the very first step, without this you cannot open a Portuguese bank account and sign a registered rental lease. 1. Application of a NIF Use either NIFonline.pt (cost 59.90 Euros plus extra VAT which totals to 73.68 Euros), bordr.io (cost 150 Euros), or AlgarveKnowHow ...

Other than using the services of bordr.io (cost 350 Euros to open at the time of writing), the Portuguese bank account I found on the internet that you can open outside of Portugal is Banco Atlantico Europa . When you navigate to "Open Account" the following screens asks you to download its app on Android or Apple app stores. This is what the app looks like in the Android app store. Once you open the app, the following screens will appear and it states the relevant documents you need to upload via the app either from photos or pdfs. You will need to follow the steps to create a User ID, enter your email address, your cellphone number (even if its a non-Portuguese number), your residential address (in your country), your work profession (job title and employer name) and your NIF. Once completed you will need to upload these documents to prove your name (eg. passport), DOB, passport number, nationality, your proof of residential address (eg. driver's licence, utility bills,...

Inflation is the decrease in buying power in a form of monetary unit of exchange resulted from an increase of prices from goods and services. The effects of inflation over time will see the deterioration of buying value of money. How to overcome the effects of inflation? 1. invest in income producing assets that produce greater yields that exceed the inflation rate (note: don't invest in speculative or risky assets or schemes) 2. spend less money (avoid spending money on things you don't really need) 3. continually invest money to ensure adequate growth over time (but ensure effective capital allocation across the board).

  How Warren Buffett narrowed down most stock pickers: People treat the stock market as a casino in placing massive bets on the direction of stock prices. Institutional investors sell themselves to masses as highly skilled stock pickers. Parading on their year’s performance as advertising for the public’s short sightedness eager to get rich quickly. Stock pickers are quick with buying on good news and then jumping out on bad news. If the stock doesn’t move within a couple months, they sell it and go onto looking for something else. What Warren Buffett looks for: Steady 10 year EPS growth Leading economic moat The company has a competitor advantage over its competitors

 1. You don't have to be a maths guru, you just need to master simple maths. Knowing compound interest is very important! 2. Investing in productive assets that produce income over time is better than taking speculative gambles. 3. In your teens, it is important to save money. In your 20's, you should learn and test out to invest a proportion of your money. In your 30's, you should have a rough idea what you wanna do in your life by then your investments should afford you to pursue those dreams. In your 40's if you no longer interested in working, you could consider retiring comfortably subject to your lifestyle habits. 4. Unfortunately in this world, there are more spenders out there than savers. 5. When I talk about saving, don't put all your eggs in that basket. In order to progress, conservative investing is also required. 6. I've never heard about anyone getting rich from just saving money. 7. Know the difference between a "want" and a "need...