What this ancient book taught me about investing!

It’s just incredible what old books can teach us about anything. On top of this, history tends to repeat itself. So if you want to learn about the future, just look at the past. That’s exactly what this post is all about. It’s from a book of which some parts are over 3.000 years old. It surprised me that I would learn anything about money and investing from this book. Let’s find out.

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What am I afraid of on my journey to reach financial freedom?

Having a lot of money is never my goal. When I reach financial freedom, this in itself will not bring me happiness, joy or fulfillment. However, money can lead me to a lot of other things, such as greed, selfishness, envy, arrogance, entitlement, boasting. Lately, I’ve been pondering on some risks I see for myself in terms of money. Please, let me share some thoughts with you.

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My goals for TwentyTwenty!

On several personal finance or FIRE blogs ‘2020 goals’ posts are popping up. As I’m sensitive to FOMO 😉 I thought I would give it a shot as well. And here it is! In this blog you can find my goals for 2020.

For 2020, I aim to minimize and simplify everything as much as possible. So don’t expect nitty gritty goals with sub-goals, milestones, etc. I only have 2 types of goals: Financial goals and non-financial goals. Let’s dive in!

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I’ve reached a net worth of EUR 200K!

It’s been a while since the last update of my Financial Freedom Progress Report (FFPR), but here it is again! Because of these months of silence, the leap in progress is significant! I’m definitely making progress on my way towards financial independence! Let’s find out!

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Merry Christmas and a Happy New Year!

I just wanted to wish you all a Merry Christmas and a Happy New Year! Have a wonderful time with your family and loved ones! It’s always a special time of the year to reflect on the past and look forward to the future!

Best wishes and God bless,

Financial Chipmunk

For God so loved the world that He gave His only Son that whoever believes in Him should not perish but have eternal life!

John 3:16

A comparison of some of the most famous indexes in the world!

The indexes of the United States market are the most well-known of all. If you are remotely familiar with the financial or investing world, then you must have heard about the S&P 500, Dow Jones Industrial Average or the Nasdaq Composite.

However, never forget that the world is bigger than the United States. In Europe a well-known index is the Euro Stoxx 50. In Asia there is one index that really stands out: the Nikkei.

This blog about finding out more about what these indexes represent and how these indexes stack up to each other performance wise. Let’s find out more.

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Make your portfolio recession proof – taking a look at my kids portfolio!

We are now more than 10 years into a bull market. Historically, that’s a very long time. That made me think about rebalancing the portfolio of my kids. I just wanted to know: how can I make this investment portfolio recession proof?! After looking into the all-weather portfolio by Ray Dalio, I’ve even included some instruments that I wouldn’t have considered otherwise. Let’s dig in.

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How to run a successful startup from a financial perspective! (Part 1)

When starting a business at your own it all begins with that one great idea! You’re amazed that no one has thought about that before. With all your energy you jump into this wonderful endeavor! That’s exactly how the founders at our startup started.

However, what’s often lacking is a financial and risk minded view on how to manage that startup. I will dive into several metrics that are essential to manage a tech startup successfully. Let’s dig in.

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What’s it like to work at a fintech startup?!

What’s it like to work at a fintech startup? That’s the question I’ve been asking myself for the past few years. Becoming involved in startup can be a huge accelerator to reach financial freedom! So, at the beginning of the year I’ve decided to keep my eyes open for potential roles that I could fulfill at a fintech startup and I’ve found one at a great fintech in their very early stage!

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Climb that FIRE mountain but don’t forget to enjoy the road and the view!

Striving to reach financial freedom is addictive. You work hard, generate additional sources of income and save and invest as much money as you can! But don’t be fooled. It’s very easy to forget that you are living right now. You don’t start living 20 years from now when you’ve reached your $1+ million dollar portfolio. Don’t miss out on the small things of life! Continue reading “Climb that FIRE mountain but don’t forget to enjoy the road and the view!”