We've reached November so it's time for a portfolio update, look at what has happened during October and reveal my plans for the upcoming period. October has been a very exciting month. It was brutal for equities, with the S&P, Dow and Nasdaq all dropping significantly and with high volatility for the company stock that … Continue reading Portfolio Update: October 2018
The month of October is nearing its end and my company stock has been in some pretty rough weather. One day it was down, the next day it was up. But mostly down. I really feel like an inexperienced sailor on a tiny sailing boat, trying to cross the Atlantic. How should I interpret this? … Continue reading The October Effect
German is notorious (or famous) for its compound words. In English you would say goalkeeper glove cleaner. But Germans stick words together to make longer ones and call it torwarthandschuhreiniger. Much to the despair of Mark Twain: I can understand German as well as the maniac that invented it, but I talk it best through … Continue reading Torwarthandschuhreiniger – Or How To Sail A Boat
Don't have all your eggs in the same basket. That's the saying. Don't base your hopes for a financially independent future on one particular asset. It's a sure-fire (!) way to lose everything you have ever saved. It will crush your dreams and hopes for early retirement. Not good! A diversified portfolio makes you less vulnerable … Continue reading Diversifying My Portfolio: Yea or Nay?
Early retirement? Why? Don't you like your job? What will you do? I'd get so bored! This is what I hear sometimes when I tell people I want to retire early. There's the why and the what. Why would you do it? What (on earth) would you do? I have been thinking about it and … Continue reading Do You Have What It Takes To Retire Early?
The other day I read a great post by another financial independence blogger. She wrote: There seem to be two camps. The first is that group of people who believe “that sounds about right” is more than adequate in terms of preparation. For them a rough 4% rule is all the calculation they need to … Continue reading Financial Independence: Building your bridge
Hi followers. This is the first portfolio update and I am really excited to get started. In subsequent updates I will focus mainly on the applicable month, but because this update is the first I will also explain a bit about the months and years leading up to where I am today. I have always … Continue reading Portfolio update: September 2018