We've reached January 2019. Happy New Year to you all! Most people look ahead and make New Year resolutions. You know, quit smoking, quit drinking whiskey when you are alone and depressed (never!). For me however it's time to look back again and assess the previous month for yet another portfolio update. December was chaotic. … Continue reading Portfolio Update: December 2018
It's miserable outside. A full-blown storm rages. Howling winds and the sound of rain lashing against the windows. I turn back to my computer screen. It's not only chaos in a meteorological sense. The markets are also in turmoil. Trump, Brexit, trade wars, interest rates and the economic slowdown are taking its toll and have … Continue reading Drunk Reflections In The Eye Of The (Financial) Storm
A shortcut to financial independence is cutting your costs (drastically). Easier said than done of course, but for those of us who live in (relative) expensive countries, moving to a cheaper place may be a way to achieve it. In the post series 'Financial Independence Abroad' I will put my investigative hat on and look … Continue reading Financial Independence Abroad: Braga, Portugal
The year is 2030, you’ve just spent your life savings on purchasing a ticket to ‘reset’ your life. You’ve gone back in time to your first-day of school. You have a chance to live your life again. You have all of your current memories. What would you do differently? It's a new great thought experiment … Continue reading Thought Experiment: One Way Ticket To Childhood
Lifestyle inflation is the increase in spending when your income goes up. For example each time you get a raise. It is extremely tempting to start spending more if you have more. You can go out more often, travel more, upgrade your hotel room, get that even flatter flat-screen and exchange your old, but functional, … Continue reading Lifestyle Inflation
We've reached December so it's time to look back again, time for yet another portfolio update. It's amazing how fast November has passed. That's a bit of a cliche, but it's like I published my last update only days ago. Yet here we are: Another month has gone by. October was gruesome. Well, that's perhaps … Continue reading Portfolio Update: November 2018
Today I sail to work. I live on the waterfront and my office is also on the waterfront, just a few miles from my home. I can walk, bike, drive, sail, canoe or even swim to work. Today I decided to sail with the yellow water taxi, a service run by the municipality. It takes … Continue reading 20 Minutes To Financial Independence
In this post I will take a deep dive into the world of auto-investing on the Mintos crowdlending platform. It's a feature that allows you to let the platform invest your funds for you while you sit back and relax and watch your money grow. For those of you who are new to the concept … Continue reading Mintos Auto Invest Explained
Some of my fondest childhood memories are when my brother and I went on adventures and got lost. Not 'I can't find my way home' lost, but lost in the moment, lost in our imaginations. During summer time. It was when we imagined we were soldiers or pirates or space travelers. When we went exploring … Continue reading A Guide To Getting Lost
Investing isn't my second nature and I am scrambling up a steep learning curve to master the fundamentals. I sometimes feel like an inexperienced mountain climber who just realized he is afraid of heights while hanging off a cliff. The good news? While a mountaineer has little tolerance for mistakes, I can afford them. More … Continue reading Why Invest In Index Funds?
What would you do if you knew with absolute certainty that you would die in exactly 10 years time? It doesn’t matter how you know this or what you will die of; in 3652 days you will drop dead. It's a new thought experiment from TheSavingNinja. The way thought experiments work is by starting off … Continue reading Thought Experiment: What Would You Do If You Knew With Absolute Certainty That You Would Die In Exactly 10 Years Time?
I've been thinking. I do that sometimes. A little personal thought experiment. Loosely inspired by TheSavingNinja's thought experiments. What if I'd kill my financially independence and early retirement aspirations? Stop investing actively, stop trying to squeeze an ever higher savings rate out of my income? Throw the Excel files with all the numbers, projections and … Continue reading Financial Independence: Flirting With The Wrong Girl?
The journey to financial independence and early retirement has a lot in common with a few road trips that I have been on with my brother. It's when we jumped in our car and drove 2000 kilometers (1250 miles) in less than 2 days. You may wonder, what has driving such an insane distance in … Continue reading A Travel Story: Lessons From The Arctic
You had done all the right calculations. At least that's what you thought. And according to the math the accumulated invested capital was exactly what you needed to bridge the years from your early retirement until full pension age. Even the average return was very close to what you had used in your formula's. But … Continue reading Early Retirement: Could A Bad Sequence Of Returns Annihilate Your Portfolio?
Crowdlending (also referred to as peer-to-peer or P2P lending) is the concept where individuals (lenders) pool funds together to lend money to other individuals (borrowers), typically brokered by an online platform. This form of lending is bypassing banks or other financial institutions. One such crowdlending platform is European based Mintos.com, which is the first platform I … Continue reading Crowdlending: The Mintos Way