These are unprecedented times. Unprecedented indeed. Stocks are dropping, bonds are dropping, bitcoin is dropping, various fx against the dollar 💵 is dropping. Not even gold is holding up 🆙, and at the same time inflation is coming back hard, eating away at your nest egg. What are you doing. How are you positioning yourself? … Continue reading My views on the market
Mid Year balance sheet reflections
Its been a while since my last update, I know, but finally found some time to sit down and do a proper Net Worth update at end of July. Not really that hard or anything, it just requires a bit of data collection across all of our family's various collections of wealth. Looking at the … Continue reading Mid Year balance sheet reflections
Personal finance decisions during COVID-19
Lean back everybody, and hold on, cause we are about to embark on a bumpy ride. Trying to build that perpetual money machine that will allow you to reap the yields of the capitalist markets has not been that easy so far this year. What started out, as just a continuation of last years calm … Continue reading Personal finance decisions during COVID-19
6 reasons why it is so hard to choose Early Retirement
With my net worth pushing incrementally higher and higher for every month that passes and the resulting transfer of wage slave money 💰 to the stock market, a new set of reflections are starting to set in. What will I eventually use my soon to be financial independence for? What is it that I am … Continue reading 6 reasons why it is so hard to choose Early Retirement
My financial goals for 2020
The vision is clear 💯- financial independence and potential early retirement. Or at least having the choice of an early retirement. The strategy is clear 🎯- trim costs, keep savings rate high and invest, invest, invest. The tactics is clear 💡- conservative dividend paying stocks (listed and unlisted), activating assets to yield additional income. The … Continue reading My financial goals for 2020
Dividend Portfolio – Ultimo year status and 2020 outlook
Portfolio status for 2019, outlook for 2020 and evaluation of strategy. 2019 is coming to an end, and what is better then to look back and evaluate and then look forward and confirm/renew your strategy. The Minimal5 portfolio - which is the one that will bring me to FIRE - is currently standing at 2.837.211 … Continue reading Dividend Portfolio – Ultimo year status and 2020 outlook
When the tide comes…why we might need a new recession…
There is an old saying that goes something like "when the tide comes we'll know who has been swimming naked". We are currently writing anno 2019, and it seems like a long time ago, that the tide was here. That is in a lot of senses good, as we are currently enjoying the economic benefits … Continue reading When the tide comes…why we might need a new recession…
Am I there yet – The FIRE calculator
There is so much cool stuff on the internet, and recently I found one of those things that I just have to share with my crowd. It's the campfirefinance blog/website. Not only is it a really cool FIRE blog, but it also sports a very comprehensive list of all the FIRE blogs that can be … Continue reading Am I there yet – The FIRE calculator
Girl on girl cat fight on twitter – Grrr. Topic; 4% withdrawal rule.
WTF - I got into my first blogging fight the other day. On twitter. Over optimal retirement withdrawal rates. Zzz 😴. Background story: I saw a tweet from someone saying something in the likes of; "why you might need to save more then 25 years of net worth even if applying 4% withdrawal". Off course … Continue reading Girl on girl cat fight on twitter – Grrr. Topic; 4% withdrawal rule.
Dividend portfolio update – Tops and Bottoms are for Fools and Liers..
Aarh finally a bit of computer alone time. 💻 What a great opportunity to update my dividend portfolio overview with the latest additions and developments. 💰🤔💰 Since the last update, I have actually done two additions. ✅ First, I purchased 100 shares in the danish farmaceutical company Novo Nordisk. ✅ Second, I purchased 100 shares … Continue reading Dividend portfolio update – Tops and Bottoms are for Fools and Liers..
High asset prices and the effect on our kids?
Who would have thought that being benched for 3 1/2 hour on an airplane seat would lead to a minimalistic/financial independent blog post. Nonetheless that is what happened yesterday. I was in the middle seat, with my oldest on the right and middle one on the left. It got pretty boring, so at one point … Continue reading High asset prices and the effect on our kids?
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.
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?
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
How I ended up with my first real estate investment
Following the various debate and posts on financial independence - early retirement here in Denmark, there is a lot of focus on real estate investments. I am a strong believer in real estate in any dividend portfolio, and I have been thinking/dreaming/planning my own journey into real estate for years. I have always known/wished that … Continue reading How I ended up with my first real estate investment
How I made 1$ blogging
Passive income - the holy grail of F.IR.E. Lean back, kick your feet up, and enjoy that steady stream of income hitting your PayPal account while zipping Pina Coladas at the pool bar. Sounds intriguing right. Well, news flash - get ready to work hard for that steady stream of income. Admitted, I could have … Continue reading How I made 1$ blogging
How to invest in German windfarms
Solar power, wind farms, I love thee. If you are a regular follower of this blog , you will know that I am a current investor in two photovoltaic solar power projects. Sensible investments in renewable energy So naturally I am also very interested in investing in wind power. How? Why? What? You ask! Ask … Continue reading How to invest in German windfarms
My best reads on capital, investment, risk and uncertainty
It is only natural, as an economist, that I have a reasonable interest in capital. In understanding capital; how it is accumulated, shared, gained, won, put to active use, running idle, inherited, and eventually lost (by either you or your heirs). ~This post contains affiliate links, meaning, at no additional cost to you, if you … Continue reading My best reads on capital, investment, risk and uncertainty
Portfolio Update #1
No financial blog with out an update on the financial portfolios performance, so let's dwell with the numbers a bit. And what better day to do this then the day where the portfolio for the first time hit a magical number - at least if you are a Dane. 2m DKK. Thank you. This will … Continue reading Portfolio Update #1