Can you reach FIRE (Financial Independence Retire Early) faster by investing in Investment Companies? That might actually be the case and maybe even faster after the current market crash we have seen over the last month (-30%)! In this post I intend to go through what an investment company is, what they do and why I believe that these types of companies over time should generate better returns than the […]
WEALTH
Lockdown = re-evaluation of FI-numbers!
The current global crisis, triggered by Covid-19, means that many of us have had to significantly change how we live our lives. We don’t know what long term financial consequences will be brought to us bu most likely they will be severe. Still, in this post I share why I think many will get a positive realization during these times of social distancing and lockdown. It has to do with your FI-number and what is truly important to you…
The bear is here – FIRE dreams in flames?!
The bear (market) has arrived and over the last few weeks, financial markets have dropped with more than 20%. I will try to give you my take on the market in the light of the Corona virus (COVID-19) and why I feel being a FIRE aspirant or member has never been more valuable EVER!
JOMO – a natural thing for a FIRE aspirant!
The Joy Of Missing Out (JOMO) comes natural to Financial Independence Retire Early (FIRE) aspirants as well as to those who have reached Financial Independence (FI).
The way they have decided to live their lives to reach FIRE as fast as possible means they are constantly making different priorities than the average person and hence they experience JOMO frequently. Anyone can become Financially Independent and on that journey enjoy JOMO every day of their lives and in this post we go through how…
Why interest rates on Savings Accounts are close to zero
Many people ask me why the interest on their savings accounts is zero or close to zero. In this post I explain why the rates are so low and what to do if one wants to get a better return on their money. It’s very simple and by understanding this you will understand what to expect, when and why. Things that you will be able to take advantage of for the rest of your life…
