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How compound interest is fueling the road to Financial independence

Compound interest explained If I asked you for 10000 EUR and there was a 100% guarantee that I would give it back in one year, would you give it to me? Probably not. Even if you got it back what would be your benefit of giving me 10000 EUR? What if I asked you for… Continue reading How compound interest is fueling the road to Financial independence

Financial Independence · investing

Going in the RED | Portfolio January 2020 update

Investment update in January I need to admit that my investment in Kuetzal is most likely fully lost. I decided to go deep into the red this month and write off the 1005 EUR I had invested in Kuetzal. That means that any profit I had since inception of my peer to peer investments is… Continue reading Going in the RED | Portfolio January 2020 update

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Envestio's great vanishing trick: how to make over 30 Million of investments disappear?

This is post I hoped I would not have to write. I really feel badly for having made the right decision for once. I wish I was wrong. I hate having to write another negative post about peer to peer investing. Panic on the peer to peer markets as investors are scrambling to organize and… Continue reading Envestio's great vanishing trick: how to make over 30 Million of investments disappear?