Real Estate Investment

 Hi All,

long time no see! hope all of you are healthy and had a great new year eve

As you may noticed i hit the 100k€ value in my Account, great success for me.

I made a small Adjustment in my Account i switched to a new MSCI World ETF from xtrackers due to the lower fee (0.19%) and increased the amount back to 1400€/month.

And i did to two bigger steps to reach financial freedom soon

1)
I changed my employer and got a salary increase not that big but approx 7%

With my new employer i joined a retirement plan which i pay 350€ before tax and my employer add another 150€, they guaranteed 3% annual yield.

I Did this because in total this is a approx 6% guaranteed yield for my retirement and i am able to receive first payment at the age of 60 years.


2)
I bought one Flat with garage for rent.
Yes this was a bigger investment on the first view, but i only pay the additional purchase costs its a 100% credit and i only pay off 2%/year

So in my opinion its gifted money with a bit work  in the beginning

It was not cheap but also not expensive the flat is kinda bad shape in the inside but with some work i can make it nice again.

Right now after tax and loan i havo to pay approx. 100€/month and i have to pay the fees which are around 12k€
After renovation i calculated that the monthly return are approx. 100€/month after tax and loan
 
I would like to use that additional income to increase my ETF saving plan and increase cash saving for market drops

Comments

Post a Comment

Popular posts from this blog

Update depot and new updating calculations on sheet

Hi all, exciting times on the stock market but i love it when everyone is scared and prices drops. I used this to increase my position on the DAX the prices are underrated in my eyes. Its always a risk but normaly it pays of for me. I also increased the monthly saving rates for my ETFs to use the low prices. new updating calculations on sheet Changed some calculations on my live updating Google sheet. -Result p.a. since 01/2018 is now added and and self updating the value  For questions feel free to ask
Read more

Is it a V?

Hey all, just want to give you a short update and share some thoughts. Right now the market recovered a bit and settled down volatility decreases. All extra buys are now in plus and everything looks fine so far but i dont´trust the silence ;) So i decided to clean some old stocks which i bought in the beginning to generate some cash and have a clean depot. I still got a good price and now i am prepared for possible new crashs. Saving Plan adjustment I also decrease again the saving plan back to 1300€ to increase again the cash level a bit. And now i have only a saving plan with the MSCI World. I am convinced this is enough and it shows a stable performance (still boring but stable) So stay save and try to calm down in market crash not sell your stocks see it as a chance to collect cheap. I think the last couple weeks showed again there is no way without stock even in such situations.
Read more