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Ignite your FIRE

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Ignite your FIRE

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Category: Strategy

Investments

Lessons from the past (analyzing my returns from 2007-2019)

  • By That Guy
  • Jan 13,2020
  •  ♦ 8

As is the norm when we enter a new year, I like to look back at the returns of my (Pension) portfolio from the previous year(s). Is it time to change my AA (again)? I was quite conservative with my AA last year when I opted to move a great portion of my portfolio OUT…

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Goals & Dreams

The goals for 2020

  • By That Guy
  • Jan 6,2020
  •  ♦ 5

A year has gone by in what seems almost as a blink of an eye. As per usual (I love saying that – this is only my 2nd goals-post ever), it’s thus time to look ahead into the coming year(s), and see what might be in store for the Total Balance household. Last year I…

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Investments

Boy, was I wrong!

  • By That Guy
  • Dec 30,2019
  •  ♦ 1

2019 is drawing to a close, and as is the norm on the Total Balance blog (easy now hot shot, this is only the first full year of blogging!) it’s thus time to take a gander back at this years major events – good or bad! My wife asked me yesterday, if I had a…

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Goals & Dreams

Crunching the numbers of Year One

  • By That Guy
  • Oct 12,2019
  •  ♦ 3

Since I’ve now been on the path to FI for more than a year (and recently wrote a somewhat philosophical rant about my first year on FIRE) I thought I’d spend some more words, looking into how the numbers have progressed during that first year. I (somehow) managed to grow my Total Balance by more…

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Saving money

Why to use multiple banks and payment services

  • By That Guy
  • Aug 31,2019
  •  ♦ 2

According to a study, recently conducted by the independent danish bank advisor mybanker.dk, only 48% of the danish population is a customer in more than one bank. Historically, the danish bank customers are very loyal too. 60% of them have been a customer in their current bank, for more than 10 years. It probably comes as…

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Reviews & Howtos

To Stooze or not to Stooze

  • By That Guy
  • Aug 17,2019
  •  ♦ 8

I know what you’re thinking; WTF is a Stooze!? I’d never heard the term before either, until I started researching a nifty little trick (that I’ve been using for a while), in order to deploy “free leverage” that I used to purchase Property #1. It turned out that the little trick had a name: Stoozing….

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Investments

Why I invest (heavily) in properties

  • By That Guy
  • Jun 28,2019
  •  ♦ 9

Faithful followers of the Total Balance blog will know that I mainly invest in properties. I recently sunk the better part of my nest egg into a single property. It is not uncommon in the FI community to invest in properties, but most FI bloggers that I follow, tend to be more invested in stocks…

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Philosophy

Finding your purpose

  • By That Guy
  • May 26,2019
  •  ♦ 5

It’s no secret that a lot of us (humans) often struggle to find our “reason for being” – our purpose in life. Why are we here? Where did we come from? Where are we going? These are some of life’s hard questions, and we’ve been (probably – we can’t really know for sure) searching for…

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Strategy

Time to up the ante!

  • By That Guy
  • Mar 12,2019
  •  ♦ 4

Less than 3 months have passed of 2019, and already I feel it’s time… – It’s time to step up my game! When it became apparent to me last month that the rules of the passive real estate investment game in Denmark appeared to have changed, I decided it was time to throw a little more…

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Strategy

My investment strategy

  • By That Guy
  • Feb 12,2019
  •  ♦ 13

It’s been a while since I’ve written about my investment strategy, so I thought it was time for a little update on that front, seeing that this is supposed to be a personal finance blog. – I realize that it has taken a bit of a slant towards the personal part, rather than the finance…

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The FIRE

Hi, I’m Nick!

I’m working towards becoming financially independent – while still living as “normal” a life as possible.

You can follow my progress towards financial freedom and early retirement here.

My Total Balance Progress

My Total Balance goal is €400.000 (for now…)

34%

What’s yours?

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Disclaimer

I’m not a financial advisor. The content that you read on this blog is my own personal preference, and is merely intended as inspiration for you to pursue your own goals and dreams.

Consider the content here as entertainment, not as investment advice. Should you choose to invest based on something I wrote, I implore you to do your own research and consider your own risk profile, before you invest your money in anything.

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