Financial. Independence. Retire. Early. F.I.R.E. If you are interested in financial freedom, sooner rather than later you will stumble upon this term. While reaching financial independence and being able to retire early is not a new concept, it seems that these days it got plenty of steam, and there certainly is a very good reason … Continue reading FIRE – It’s about time, not money
When you start planning your financial future, let's say around the age of 25-35, one key factor to it, is to understand the difference between the 2 crucial elements that will determine whether your plan makes sense - or whether it doesn't. You need to understand what are assets and what are liabilities. The idea … Continue reading Is a house an asset?
The world is full of great, smart and amazing people, who have or had the gift to understand and connect some of the dots that happened in their lives, and to turn them into truly powerful statements. Some of these statements turned out to be true not only for them but also for others. Thus, … Continue reading What to do today?
One day, I was sitting alone at one of my restaurants in the hotel and having lunch. It was a beautiful day: We had a very solid hotel occupancy of 85%, the sun was shining, the ocean was calm, a fresh breeze was swirling through the entire garden and pool area and I had not … Continue reading It can get lonely at the top
FIRE stands for "Financial Independence Retire Early" and it's actually not a new concept. Any freedom-loving-person will have had this idea no matter at which point in time/history/place in the world. The idea behind it is very simple: Saving up cash, investing and stop working as soon as possible. It's a great idea, but unless … Continue reading FIRE – is also a job
Vacation is over and I am back to Thailand from Europe with plenty of interesting impressions. One, most pressing to me, was my impression from Germany, and specifically Berlin. I walked through literally half of the city and let me just say this: There is no refugee issue in Berlin. The city is not more … Continue reading Back @ Home
I am currently on vacation and enjoying some quiet time with my family & friends in Germany and Poland. Last week, my moms best friend came by, we had a cup of tea and overall a great time as she had the pleasure to get to know my little daughter for the first time. My … Continue reading Retirement woes – Reality is catching up