Early Retirement Extreme Forums

Yeah, there's definitely a lot of wobbling and stabilization missing from indoor training. I have a drop bar, but even with the 3 positions this is giving me, the strain on my upper body feels much harder than when I'm riding outside. Or maybe I just focus on the strain so much because there's not m...

As reported, I somehow managed to get hiking again without my knee giving me too much trouble. Since I've done quite well financially over the last year, I don't see much that can be improved in that regard anymore. So I'd like to shift the focus of my journal towards "adventuring", as was...

I'm german, but I found this too late. From reading the curriculum it seems pretty standard personal finance 101. The title would be "The financial independence manual", as "Die Anleitung" is basically "the instruction manual". As far as the curriculum goes he's mostly ...

Fluens Capital - Q2 Report The term "Fluens Capital" is a working title for my own portfolio. As I might or might not turn this thing into a full-fledged mini-corporation with all the paperwork in the future, I decided to view my investing as a real (side-)business going forward. The Para...

I'm unable to move much right now, so why not bitch about it on my journal? The weekend I didn't really do much walking (nevermind hiking) over the last few weeks as I was focusing on my strength training programm. Last week, however, I decided to just go and walk for a bit. This "bit" tur...

2020/08/01 - 34,3%
2021/07/01 - 13,6%

Calculated using my 6 month average monthly spending and current net worth.
I think I'm getting there

Alright, this was a busy month, but I think I figured it out: Finances This month was far from normal as far as money movements go. With the wedding we had a lot of abnormal expenses, but also some income from what was left of the money gifts we received. I had to make a few choices on how to resolv...

A quick update on what's going on right now: Wedding aftermath The wedding is 2 weeks past now and we managed to visit most of the people we couldn't invite. This was mostly visiting our parents over a few days and celebrating with them. We also invited over a few friends that couldn't come ot the &...

@NuncFluens : That's a good idea re amortisation to take the sting out. I think what also helps me is to see those purchases in terms of a larger goal (can be risky because it's a reason to get stuff and not exercise ERE skills) but still. I think with my slow-burn approach I just can't do everythi...

I know that feeling of moving backwards when I spend a lot of money. I tend to console myself by calculating the amortisation period and focusing on "when will this start making money". Sounds like a solar system should get you there eventually. @Melo : I think a lot of universities are lo...

I did some research on annuities last, but the payout is really bad. I just did the calculations again (with one provider) and if I pay in 60.000€ I'd get a guaranteed 97€ per month, forever. That means I'll get my principal back in ~50 years (age 83). With inflation added on top that's a really bad...

I'm in full on reminiscing mode right now, what with the wedding turning my life on its head and all. So I'll waste some more space to answer the question (riffing on the previous post): How did I manage to save 35% of my current NW last year, when It took me ~8 years to save those first 65% ? The B...

Upon rereading YMOYL I relived my early days when I would create excell sheets and project my net worth and everything. Since I couldn't be bothered to get a reliable data set back then, it wasn't very meaningful, though. This time around, I did manage to track basically everything over the last 10 ...

Thanks Alphaville! I guess that specific terror was way overblown in hindsight

Thank you Quadalupe! It was much more fun than I anticipated. Very cool. The financial side was even more surprising. I didn't really want any gifts, but we received a lot of money and broke about even for now. The prenup will set us back some, but I'm shocked about just how frugal a wedding can be....

So it looks like I'm officially married now! :D Life is still stressfull, so I'll just do a little writeup of what happened until now. I'd love to provide some photos, but am still anxious about revealing my true identity *villainous laughter*, so probably not. The Wedding Ceremony Our appointment w...

Wow, you've definitely been busy! And sorry, I didn't mean to bother you when you're so close to your wedding and all that. I wish you a marvelous day:) Thanks, and don't worry. The wedding is super low key and not all that much work. I have plenty of time to waste on the internet. To clarify, I me...

Not to detract from my ongoing conversation with @shelob, but it is the end of the month, so I'll just cram this in real quick. Finances One more completely normal month. Well, aside for the wedding, but that's a separate thing with a separate account, etc so let's ignore that for now. I've decided ...

Thanks a lot for the recommendations! I'm also way below the Sparerfreibetrag, so I have a lot of time to think this through. Thinking about this today, what came to mind was 1) does this protect against a possible unrealised capital gains tax? and 2) since I'm eligible for Spanish citizenship thro...

Ad 4% I read a lot in the forum that 4% is a SWR and you can basically live forever with that money. Also I read that basically making 4% from capital markets seems to be "easily" doable. However, how can you achieve such returns in europe. In Austria we have capital gain tax 27,5%? What'...