I’ve just started my road to FIRE, and I got some years left before leaving the corporate world. Reading all those other FIRE-blogs made me want to make a blog for my own journey. As of january 2019 my net worth is currently aprox. 150.000 $, which 130.000 of these $ are invested in index funds. On this blog I will write about my path to financial independence (FI). Therefore I will cover themes within personal economy, personal growth, life philosophy and other topics related to FI.
Want to know @APurpleLifeBlog a little better?
Read my interview with her here!
Expect markets to fall 10% once a year, 20% once in couple of years and 30% fall at least once a decade. This is unavoidable. Have patience.
I think I’ll start with cutting 5 work days down to 4, and then 4 down to 3.
Perhaps 3 days of work and 4 days with passion is the ideal?
Tony invests in a firm which owns an algotrading software. This software trades the EUR/USD currency.
Has anyone tried this for investing?
We talk about:
-What my FI exit strategy is
-My wildest dream
-What I want to do when I reach FI
Interview nr. 1 is with “WannabeWalden”.
Read why he hates the 4 % rule and argues that you can be FI way earlier than everybody else!
My portfolio was up 4,27 % in february 2019.
In conclusion my total net worth is now 169.907 USD $, up 11.680 $ from last month!
My income was 4752 $ and my expenses was 1855,9 $. This month’s savings rate was 61 %. 2447 $ was invested in index funds this month.
In february 2019 my net worth peaked 150.000 $. But I was still feeling the same. Read more here.
The world is beautiful, there is so much life out there. Why do we choose to live the dreading cubicle life when we got other possibilities?
Normally I buy stocks for aprox. 2500 – 3000 $ every month. But what if I used leverage to buy stocks every month for 2500 $ extra?
My portfolio was up 6,21 % in january 2019. In conclusion my total net worth is now 158.227 USD (up 10.664 $ from last month).
My income was 4873 $ and my expenses was 2659 $. This month’s savings rate was 49 %. 3080 $ was invested in index funds this month.
I hate the stock market! Why didn’t I just leave my money in the bank? My portfolio is down around – 7 % overall for 2018!
Sitting at your senior home at 80 thinking, man, what if I had just tried to follow my dreams when I was young? That’s terrifying.
For 3 years I now have been working 40 hour weeks for the purpose of buying more and have more. But all the way there was nothing I wanted.
The truth is that I’m a coward. All my life I have chosen the safest paths. Why am I grinding so hard for that 9-5 life I don’t love?
“Your Money Or Your Life” helped me raise my salary 14 % up to 76k, raise my savings rate from 35 to 60 % and reduce my expenses 29 %.
My index fund portfolio was down 6,72 % in 2018 (consisting of aprox. 70 % MSCI World and 30 % MSCI Emerging Markets).
This was a special month, because I’m at a vacation in Thailand, Australia and Singapore. My december savings rate was 46 %, which I think
In 2019 my goal is to save 3000 $ in january, and then save 100 $ more each month. In february I will save 3100 $, in march 3200 $ and so o
You already have the money. You already have the time. You
already have the skill, the confidence. You already have everything you need to
Great blogposts that I recommend this week from:
1. Four Pillar Freedom
2. Money on Fire
3. Millionaire Mob
As you all know my goal is to save up 600.000 $.
2018 has really been a flat market, but anyway it’s motivating to see that I can safely…
This month’s savings rate was 61 %, which I think is quite good! Everytime I think about savings rate Mr. Money Mustache’s figure pops into