The dream of financial independence and early retirement has gained a lot of steam in recent months. But despite the popularity of the movement, there are some important points that need to be understood and which I would like to point out. It's easy - and it's not Frugal living, saving as much as possible, … Continue reading 3 Things you should know about FIRE
Today, let me dive a little into the topic of income-investment and why I believe that every income-focused investor should have some pharma stocks in his or her portfolio. As my readers know, my goal is to escape the rat race with the help of investments in the stock market. With my eyes targeting financial … Continue reading Why investing in Pharma makes sense
There are many reasons to strive for financial independence. For me, some of them are company politics and the never-ending dealing with CRAP. It's one of my favourite acronyms: Criticism Rejection Assholes Pressure You can't become a leader in any organization without it. It's part of the deal. No matter what you do, once you … Continue reading Get independent and stop dealing with CRAP
I don’t remember whether my parents were asking me about my aspirations when I was young. I also don’t remember hearing them talking to neighbours, friends or family about what I am going to do when I grow up. They never really tried to push any particular profession on me. Maybe because they wanted me … Continue reading Depending on work is not a smart long-term plan
I don't really remember where I read this quote, but it's so accurate and so much matching my way of thinking, that I really felt like needing to write about it. Everyone is a nobody to somebody. Why do I consider this important for this blog? The truth is that nobody cares about who you are... … Continue reading Everyone is a nobody to somebody
As the calendar has continued to roll into March, we are quickly approaching the dividend season in Germany. While most companies in the US pay out a dividend every 3 months, German companies do so only once a year. One could argue about which system is better or worse, but that's a topic for another … Continue reading The dividend season is coming!
Yes, you read right. The new year started but we don't do the resolution stuff. We start the year with serious targets. Today is the 6th of January, so the 1st week is almost gone. This means that we have roughly another 51 weeks to meet our own, ambitious but still realistic expectations on 2019. … Continue reading 2019 – Drop the resolutions!