2018 is over. So the other day I made room for a new chapter in my personal finance Excel Book. The name of the chapter was 2019. Just for fun I would throw some numbers around. I don’t know why. But it kind of surprise me that if could cut back my spending even further. … Continue reading “Challenge: Live below 1000 $”
Author: Loui Lam
5# My Monthly Financial Independence Update
The Quick Takeaways This month savings rate: 55 % This month leverage: 140 % Rolling savings rate since February 2016: 55 % Total value of portfolio: 590.000 DKK (90.000 $) Years worth of annual expenses: 5.8 % Change since last month: 0 % So What The F*** Happen This Month The stock market has not been friendly … Continue reading “5# My Monthly Financial Independence Update”
A Wuss-Entrepreneur
Work and Love Instead of buying all sort of things, we can instead make a personal fund of a sustainable stock index fund. That can make room for taking up work that we love. Work that makes us thrive, and not just to survive. There is many people who take up work which they love. … Continue reading “A Wuss-Entrepreneur”
Quit The Rat Race
A new short (danish) documentary about quitting the rat race and living a simple yet prosperous life. Pssst.. I have a small part in it. Click here to watch it!
I Have a Dream!
I have a dream … Partly stolen from a brave man. (AKA Martin Luther King). He had a dream, and so do I. I really don’t believe that way we live our lives today is the best way for our happiness and well-being. We have never been more stressed than we are today.* So why … Continue reading “I Have a Dream!”
FIRE and WATER
I was approached by three awesome journalist students who would like to make a video about people living on a low budget. And here is the result! I think its super cool!
4# My Monthly Financial Independence Update
The Quick Takeaways This month savings rate: 67 % This month leverage: 100 % Rolling savings rate since February 2016: 55 % Total value of portfolio: 590.000 DKK (90.000 $) Years worth of annual expenses: 7 % Change since last month: 7.2 % So What The F*** Happen This Month This month has been a very ambivalent … Continue reading “4# My Monthly Financial Independence Update”
How Random is The Stock Market?
How random is the stock market? Many say that they can predict the stock market. While others admit that they can’t and stick to a passively managed solution. (Hint: I’m one of the boring passive folks) I can’t help it, I keep study how investments works. And no matter how much I study the most … Continue reading “How Random is The Stock Market?”
Coast FIRE – Ever Heard of That?
The other day I learned a new term – Coast FIRE. The traditional way of chasing FIRE is to have all of your expenses covered by a passive income, often in a stock index fund. We know that in order to have enough for the rest of our lives, we need to have 20-25 times … Continue reading “Coast FIRE – Ever Heard of That?”
3# My Monthly Financial Independence Update
The Quick Takeaways This month savings rate: 51 % This month leverage: 100 % Rolling savings rate since February 2016: 55 % Total value of portfolio: 550.000 DKK (84.000 $) Years till I hit a 7 % SWR: 2.6 Years % Change since last month: 1.8 % So What The F*** Happen This Month I think we all … Continue reading “3# My Monthly Financial Independence Update”