Uncategorized

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

Uncategorized

Moving abroad | Why Portugal is the ultimate financial independence country

What if I told you there is a modern country out there, part of the EU, great healthy food, low cost of living with seas, a great climate and low cost of living? As I am living in EU I do compare the member states outthere to see what member states would be good for… Continue reading Moving abroad | Why Portugal is the ultimate financial independence country

Early Retirement · investing

Increase your pension and lower your retirement age

Legal versus actual retirement age in OESO countries When we look at the actual retirement age versus the legal age, we can see that the real age is in most countries, especially Western countries, bellow the legal age. The government cannot force anyone to work, but at the same time they are not required to… Continue reading Increase your pension and lower your retirement age

Goals Progress

Goals progress August 2019 – First update – FIRE

Since this is the very first update, it is not a quarterly update, but it is a first status of where I am currently. I set myself some goals for 2019 that I believe are not impossible to make Main goals Increase passive incomeIncrease Savings rate (slightly)Get more structural passive incomeDiversify Passive income What is… Continue reading Goals progress August 2019 – First update – FIRE

Financial Independence · investing

Summer 2019 investments -update in turbulent times

Investment changes during the summer I want to take a minute and do something that I have not done before, and talk about the investments I have and what changes I made to them this summer. About a month ago I decided to sell my investments I had in stocks in the market as I… Continue reading Summer 2019 investments -update in turbulent times

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