Savings rate June 2020: drop to 24.45%

Finally the drop of income due to no travelling for work is starting to become clear. Travel will probably only pick up again near the end of the year so until then I will need to accept a lower income.

June 2020 Portfolio update: Grupeer presents their plan to repay investors

The stockmarket didn’t really seem to know what it wanted this month, we had a few drops and a few rises, but in general nothing to indicate that corona is behind us or that we are tumbling into a deeper crisis. I guess the stockmarket really hasn’t made up its mind. Its not unexpected given the record breaking infections that we see across the world and especially in US that is dominating the stock market.

How cycling will help you reach Financial Independence faster

Hobby’s can have a bigger influence then you think about Financial independence. Remember every euro you spend is a euro less you can invest. I have done a dozen of different hobby’s in my life, sailing, surfing, horse riding, scuba – diving, running, swimming, .. and the list goes on. Until I knew FIRE I… Continue reading How cycling will help you reach Financial Independence faster

Savings rate May 2020 at 71.89%

I would like to say that thanks to my cunning saving plans I managed to get a nice savings rate, and while I can say that my expenses are actually the lowest in over a year, I could not have done it without also having a boosted income in April! Read on and find out how I managed to get such a high savings rate. Everything will be reveled!

May 2020 Portfolio update: Grupeer has gone into default!

With Europe slowly recovering from the Corona crisis as shops and restaurants start to open again all over Europe we can see that last months recovery in the stock market continues. It might be strange to see such a good recovery with so many companies going bankrupt, but we can’t forget governments worldwide are pumping money into the market like crazy. As a result its not really the stock market that goes up but rather the value of money that is going down. Stocks seem to be a safer haven then cash right now.