With real estate prices skyrocketing in big cities, everyone wants a piece of the pie! Investors are flocking to buy properties in hot areas to turn them into rentals or flip and sell them. But what are the benefits of investing in real estate? And how can you invest in real estate with just $1,000? Let’s find out. Continue reading “How to invest in real estate with just $1,000!”
Congratulations! You have suddenly amassed a sizeable nest egg through an inheritance, selling your business or by winning the lottery. Every corporate bank is enticing you to let their private bankers do their magic with your money! But should you join their elite clubs? Continue reading “Private banking is for fools, this is why!”
My personal investment thesis is simple. Invest in high quality businesses, preferably through index funds, and let time do the heavy lifting. With the market volatility in December 2018 that’s exactly what I did. Let’s go through the highlights of a company in my personal investment portfolio named Apple. Continue reading “Analysis of my personal investment portfolio – Apple”
Several of my friends and family are currently looking to buy a house, or have recently bought a house. Some rented before buying their first home, others have upgraded to a larger house. Even though I am rather rational, emotion does sometimes get a hold of me. Especially when looking at real estate.
Because who doesn’t like a nice house to live in? But is living in a larger house on a bigger piece of land worth the investment? And what exactly is the impact of buying a larger home on reaching financial freedom? Let’s find out in a real-life situation.
Here it is, my first Financial Freedom Progress Report (FFPR). These past two months have been awesome, but not financially. A lovely Christmas and New Year’s Eve with family and friends, skiing in France, buying the necessary skiing equipment, redecorating the room of my son, etc. It all piled up! As a result, the savings rate of December and January turned out much lower than I expected. Continue reading “My First Financial Freedom Progress Report (January)”
In terms of better late than never, I will dedicate this blog post to my goals for 2019! Continue reading “My belated goals for 2019!”
Our culture is focused on making and spending money. Advertisements play on your emotions by implying that their product will make you happier, prettier or more successful. It is like a virus being planted into our heads. Continue reading “Stocks are much more awesome than stuff (and debt)”
Many aspiring investors struggle to get started. In different magazines and online they read about ‘hot’ stocks that could become the next Microsoft or Google. After ‘careful’ consideration they take a leap of faith by putting money in a stock with such a ‘promising’ future! What could go wrong? Continue reading “Using active or passive investing to reach financial freedom?”
Personal finance, investing and building passive income is what I have loved for many years. But I did not really focus on financial freedom and early retirement yet. To change this, I follow-up on my idea to start blogging about my progress at a detailed level. Continue reading “My journey towards financial freedom starts here!”