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.
Continue reading “A comparison of some of the most famous indexes in the world!”
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.
Continue reading “Make your portfolio recession proof – taking a look at my kids portfolio!”
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.
Continue reading “How to run a successful startup from a financial perspective! (Part 1)”
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! Continue reading “What’s it like to work at a fintech startup?!”
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!”
April was another solid month but nothing special, really. Nice Easter with family and friends and beautiful weather! We even went to the beach to chill and enjoy the sun. The financials were solid as well. Let’s take a closer look! Continue reading “Financial Freedom Progress Report (FFPR) – April 2019”
With tech firms disrupting many industries, reorganizations are the new normal. I’m about to face one myself in the coming year or so. Since my day-job is my most important source of income, the key question here is: how to survive a reorganization and still make the most of your career?
There are several things you can do before a reorganization and potential layoff. The sooner you start the better! Let’s find out more about 7 of them. Continue reading “7 things you can do to survive a reorganization and get out stronger!”
Investing in real estate is a wonderful way to generate cash-flow. No investment comes without risk, but real estate can deliver generous returns. On top of that, investing in real estate teaches your kids several important lessons that they do not learn in school. Let’s find out more. Continue reading “5 important lessons that investing in real estate teaches your kids!”
Last week an interesting news article was published. It showed that on average people have 11 subscriptions. Much more than I expected. Youngsters under 25 years old have on average 16(!) subscriptions. Imagine the impact of the costs of that many subscriptions on reaching financial freedom?! The Dutch Consumers Association (Nibud) advised making a list of your subscriptions every year and decide whether you really need them. That’s exactly what I will do right now! Continue reading “Subscriptions… A sneaky money burner that keeps you from reaching FIRE earlier!”
For those of us living in The Netherlands, Western Europe or the West in general, we are so lucky! The Netherlands is the 12th richest country in the world. The Netherlands has a poverty rate of just 7.9%. Far lower than India (60.4%) and even the United States (16.8%). We are so rich and we don’t even know it or perceive it that way.
Last week that was really an eye-opener for me. Hoarding cash and investing a lot of money is fun. But I think it’s very important to keep your eyes open for those not so fortunate. Generosity is an important trait to reach FIRE joyfully and peacefully. Continue reading “Reaching FIRE with a generous heart!”