Corona came and went, and I completely lost interest in updating my blog. Sad though. However, I am still here, Minimal5 mom is also still here, and the kids are getting bigger. On a personal note, I decided to start my own consulting / advisory company roughly a year and a half ago. It’s been … Continue reading Long time no see…
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
A quiet Sunday spend celebrating my father-in-law, followed a quiet 🤫 Saturday, where I was mainly home alone with the boys because wifey was at shift work, usually gets my mind wandering. Think 🤔 it started with the realization that our combined pensions, and free portfolio 💼 is actually almost about to cross 1 MILLION … Continue reading A philosophical wealth moment…the cross roads!
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
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
There are so many cool things on the internet. One of my latest additions to the backlog of saved links is; networthshare.com I fell over it by accident, after reading a fellow bloggers post, and it turns out to be an amazing site where you can log, update and share your net worth with everyone … Continue reading Started from the bottom now we’re here….and a bit of FIRE blues
I have recently seen the notion of "Delayed Gratification" mentioned in various FIRE 🔥 related posts. Delayed Gratification, what a brilliant concept. It does not come more FIRE like then that. I first noticed it in one twitter/Pinterest/Insta post some time back, and snipped it out offcourse... I think 🤔 it was some time before … Continue reading Delayed gratification
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
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
It's funny how you sometimes get an idea 💡 for a blog post that you don't quite know where will end up when you are done. I recon this post will be such one. My chain of thoughts were actually triggered this morning, where I was woken up by my wife and two oldest, as … Continue reading Family minimalism – How to?
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…
If you are a recurrent reader of this blog, you would have run in to one of my monthly blogging updates where I try to share some insights and learnings from my newbie/rookie blogging endeavors. Historically, ...well the last 5 updates or so...I have focused a lot on all my blogging/SoMe activities I have run … Continue reading “Passive” income from blogging – I’m killing it !
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
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.
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..
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?
If you are a regular follower of this blog, then you will know that I have just spent a week vacating with the in-laws in beautiful Cyprus. You can read more on that here. So what is the most natural thing to do when you are on vacating ... well thinking 🤔 off course. I … Continue reading The negative side effects of having debt
How excellent is that, just when you thought the Airbnb renting season for our vacation home had faded away, then I managed to get a mid October request, from a young German couple 🇩🇪 who wants to visit the northern part of Denmark 🇩🇰. Total for the 7 nights is around 500 USD 💵💵💵 I … Continue reading Yihaa…a new renter…passive income rules!
To consume or not to consume, that is the question. If you, like the author of this blog, is pursuing a route towards financial independence, the answer to the question will increasingly be not to consume. How low you can bring your monthly expenses down will be very individualistic, and how much is left when … Continue reading How to stay the course towards financial independence…
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…
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.
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…
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
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
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!
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
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?
Progress on our minimalistic journey is moving on slowly but steadily. We are saving where we can, doing a bit of recycling, up-cycling and what not. ~This post contains affiliate links, meaning, at no additional cost to you, if you click through an affiliate link and make a purchase, I may make a commission~ My … Continue reading Being struck by minimalistic nemesis
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.
As May turns to June, it is once more time for a blogging update in order to evaluate progress towards that utopian status as a Global Minimalistic Influencer. One thing that happened early in the second month of blogging, was an e-mail from WordPress, informing of my first 100 Likes. Almost simultaneously the word from … Continue reading 2 months of blogging – status Updated
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
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
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
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
Lifestyle inflation, I think we have all experienced that concept in one shape or form. It is rather hard not to when you go through the various cycles of life. ~This post contains affiliate links, meaning, at no additional cost to you, if you click through an affiliate link and make a purchase, I may … Continue reading How to counter lifestyle inflation