I wrote my first post on the 25th of September 2018, which makes today my blogs first birthday (I also started to get those domain renewal reminders a few weeks ago). Much like real babies, it takes some work before they actually come out – so obviously the blog started way before that – but…
One year later
Why consistency (and time) is the only thing you need to become a decent investor
That’s right. You heard it here first (not really), people! The main trait you really need to become a decent investor, is time and consistency. We’ve all heard (or read) the term “Time in the market beats timing the market”. I’m not a big fan of this saying to be honest, but I understand the…
Oops, I spent all my (FU) money! What now?
After I spent 8 months hoarding cash, I finally found Property #1 and now find myself in a strange vacuum. I have yet to transfer the full amount due for Property #1, but since the money is now ear-marked, I’ve been having these strange feelings; Regret? Anxiety? Excitement? I transferred the down payment for Property…
Why I rarely get on a scale
We’ve had a lot of “money talk” lately. I feel it’s time to dig into a little “personal wealth” as well, if you catch my drift!? Part of the journey to FIRE is also a spiritual journey, in where you (most of us) try to find your inner balance along the way. What makes you…
The secret to becoming (or staying) wealthy
Today, I’m going to let you guys in on a little (big) secret (it’s really not that secret…). Here goes: The secret to becoming (or staying) wealthy, is to stop paying your taxes… But Nick, If you don’t pay your taxes, you’ll go to jail! Precisely! And what do you get in prison? Free accommodation,…
How to hack your charity donations
If you’ve ever walked down a busy shopping street, odds are that you at one point or another, have been solicited by one of those annoying street “sales-people”, who will try to convince you to support <insert worthy cause here>. When I was living in the city (in my 20’s) this happened to me quite…
Confessions of a Shopaholic
“Hi, I’m Nick and I’m a shopaholic”. OK that might be a little overly dramatic. I was never really a shopaholic. But like most of our society, I had bought into the fact that buying stuff = good! When you click that BUY-NOW button on Ebay, it instantly release a shot of dopamine in your…
Show me your budget (and I’ll tell you who you are)
Much like your clothes, your friends, your pet(s) and your means of transportation says something about who you are, so does your budget… When I talk to people about my FIRE project (it happens a lot, according to my wife), they often react as though I’ve just told them that they can’t have coffee again….
Time to up the ante!
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…
My investment strategy
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…