Like in every profession, the world of investments is filled with abbreviations. One of the most popular, and dare I say most important ones, is called "DRIP". DRIP is an abbreviation for a Dividend Re-Investment Program which banks may offer their customers when they purchase certain stocks. The idea behind is very simple: When a … Continue reading DRIP it another way – DIY
I have been on vacations for the last four weeks. While the first week was still pretty stressful due to a few family and work matters, the second week was already very relaxing. I spent some time at our inherited house in the north-east of Thailand. A peaceful and quiet place. Extremely low living costs, … Continue reading Getting some perspective
Following up on my new years' plans, I am now finalizing negotiations with my next employer. As my current work contract will expire by the end of April, I spent the last 2 months in trying to secure a new contract. Today, I succeeded. While I couldn't hit my self-imposed targets completely, the new job … Continue reading Planning for the last job – ever
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!
Reaching financial independence is best looked at as a game, a puzzle. There are all these little pieces everywhere, and your job is to get them into the right place. Only then the picture will be completed, and you can rest assured that your odds for a safe and free life have reached a comfortable … Continue reading The puzzle is not too complex
I strongly believe that the majority of people who don't invest their money, most probably also don't understand our economic and monetary system. There is otherwise no other valid explanation or reason, why any sane person earning enough to build up savings would not routinely and diligently contribute at least a small part of their … Continue reading Why everybody should invest
I feel pretty motivated these days to write about a few more things that are on my mind, and one of these things is something I consider pretty important. My family. Now, we don't know the future. We don't know how things will turn out, and as my anti-FIRE friends like to say: If you … Continue reading Take care of your family