How to escape the rat race…

There is no getting around it, the very reason some of us devote our life to a FIRE way of life is the ultimate Financial Independence part, so that we have the option to Retire Early. The Financial Independence part is basically driven be capital income as opposed to labour income. So the goal is … Continue reading How to escape the rat race…

Reflections on Dividend yields vs. capital gains.

Choices, choices...choices They are everywhere, at every time, ever present. They are present in our daily lives, at work, at home, everywhere. We are constantly bombarded with choices in every aspect of life. Choices that require our attention, decision making and ultimately - A Decision. That is, unless you deliberately ignore them. See that is … Continue reading Reflections on Dividend yields vs. capital gains.

Save us Ogier…

So the ECB lowered their interest rate today, in a move that saw the interest level drop to a staggering -0.5% ...(yes that is a minus sign). Shortly after, the head of the national bank of denmark followed up, with a move down in the danish lending rate to -0.75. (Again, yes a minus sign). … Continue reading Save us Ogier…

How I am building my DGI portfolio – Update #2

If you have been following this blog on a recurrent basis you will have learned by now, that I am actively trying to pursue a financial independence strategy. I did my first post on my portfolio of listed and unlisted shareholdings some time back, which you can find here; How my DGI portfolio performed in … Continue reading How I am building my DGI portfolio – Update #2

The F*ck you account – net worth update #2.

Once in a while you have to remind yourself why you are doing what you are doing. Why have I insisted in trimming down our fixed and variable cost in our household, why are we targeting a 50% savings rate, why are we actively plowing all of our proceeds into active investments. Why are we … Continue reading The F*ck you account – net worth update #2.

The secrets of blogging – #5 month update…

Vacation time is long gone, and I am slowly adopting back into the normal 9-17 corporate grind, feeding my kids, and then some left hand blogging. I have to say, that I took a deliberate pause from blogging in July due to vacation, and it has actually been kinda hard to get back at it. … Continue reading The secrets of blogging – #5 month update…

The death of animal spirit

It's a big world out there, and currently we are not anywhere near normal economic circumstances. Every day that goes by, and I keep reading more and more extreme economic and financial stories. Lately read, that the 100 year Austrian bond that was recently issued had gone parabolic, due to the ever falling interest level. … Continue reading The death of animal spirit

Behold my new invention – the zero (0) cost ($) day!

So about that FIRE thing, Minimal5 dad, how are we progressing on that. - "well, the short answer is that I actually don't know." That is not entirely accurate, but OMG, with a full time parental thing for 3 boys going on, and a full time job on the side, a full time working mom … Continue reading Behold my new invention – the zero (0) cost ($) day!

Car considerations – I so want that Tesla …

Back from vacation and I can't help thinking about the one topic we have been debating a bit in our small Minimal5 family. The car 🚗 situation. A bit of background information for all of you new comers to the Minimal5 blog; we have a Citroen grand C4 Picasso, with the smallest gasoline engine - … Continue reading Car considerations – I so want that Tesla …

Zero cost (0$) activities for any vacation

Summer vacation is officially over, and then Minimal5 family is slowly getting back into the normal rhythm of what ever work-life balance we have. Slow start up at work, did one day of working from home, in order to take the top of the realities. Sitting here in the first weekend after a week of … Continue reading Zero cost (0$) activities for any vacation

My first 3 months of blogging – the dreaded status

OMG ... its been 3 months already. Being a part time blogger, I recon 3 months is not that long of a time. When you only have an hour here and there, you really have to prioritize what you do, and where you focus our time. This post will be a follow up, on my … Continue reading My first 3 months of blogging – the dreaded status

We sold our balcony – I know – weird?

Don't worry, we don't have a homeless guy living on our balcony now or anything, but this story is kind of a weird one. It does involve money though, which by some completely random events have found its way back into my wallet. Which is why I will be writing about it. Because hey, any … Continue reading We sold our balcony – I know – weird?

Saving for the next generation – why and how much?

I am not out of a wealthy family. So no inherited capital here, as Mr. Thomas Piketty concludes is the easiest way to a worry free financial life in the 21st century. No money at all, or lots of money, we cannot escape the topic of how we go about teaching our kids about wealth, … Continue reading Saving for the next generation – why and how much?

My 19 steps to sanitize the family budget.

Actively pursuing a financially independent lifestyle will require you to understand your financial situation in detail. You need to understand your personal balance sheet and financial net worth. I have written a blog post about that here; Family Net Worth Update #1. Additionally you will need to understand your income statement, and especially the cost … Continue reading My 19 steps to sanitize the family budget.

Circular economy or just being plain cheap? The

I like to think that we don't buy a lot. On a personal level I still have some of my T-shirts from my teenage years. Way before any one had invented concepts like Maria Kondo, decluttering, zero waste, minimalism, F.I.R.E. and the like. This is good, because both me any my wife also tend to … Continue reading Circular economy or just being plain cheap? The

How my DGI portfolio performed in 2019

Earning season is coming to an end in Denmark. Most companies in Denmark only pay out dividends once a year in combination with the publication of the annual reports and the general assembly. Hence most dividends will be arriving at investors accounts between March and May. This means it is time for a summary of … Continue reading How my DGI portfolio performed in 2019

Family Net Worth Update #1

Finally found the time to sit down and do a proper calculation of the net worth. I will be aiming to update it monthly going forward in order to properly track the progress of this financial independence barometer. It's actually quite a healthy exercise, to be so specific about your own personal net worth, and … Continue reading Family Net Worth Update #1

My 7 short term blogging goals

Setting goals is important. What are you striving for? What does success look like? What is your vision and what is your mission? What are your short term goals in fulfilling those visions and missions? I know I started off on my blogging journey a bit impulsive, basically from one day to the other. Had … Continue reading My 7 short term blogging goals

Minimal laundry day – I love thee.

It's that time of the week. The big laundry day. 🧺 Or should I say the minimal laundry day now that the minimal 5 family is actively trying to reduce, reuse and recycle. Somehow though, I am kind of getting the feeling that the efforts is not really kicking in though. Having come out of … Continue reading Minimal laundry day – I love thee.