Financial freedom tips early retirement

 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 ...

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.

Hello togehter, may some of you have noticed stock market is in panic ;) Reason is well known the Coronavirus and the concern of a worldwide Pandemic. A lot of companies have worldwide supply chains which are now in danger. The Fed lower the yield instantly to calm down the market but it helped only for a couple hours. In this situation i increased my monthly saving plan to 2000€/month because share prices are now low again. Honestly i don't know if this is the bottom but i am planning to buy some extra shares and stay with the increased saving plan until things settle down. I am still convinced that the world economy is strong and shares will pay off in the long run. And YES it hurts to see the drop of my current depot. Stay Calm and buy the dip :-)

I want to give s short overview about Advantages from ETF´s ETF: Cost: approximately 02-0,8% Diversification: for example MSCI WORLD ETF 1600 company's in one ETF Saving plan: you can easily install a saving plan you can start with 25€ Fee: A lot of the saving plans are free from a fee Huge selection with different sectors: you can combine different Sectors very easy with ETF and lower the risk instead of buying single company´s shares Growth: It depends on the ETF when you buy an index ETF its´approximately the same growth and over the years nothing beats the index Tax advantages: You can buy synthetic ETF instead of replicated here dividends are different taxed (in Germany) Risk: It depends on the ETF but by an Index ETF you have a huge diversification but also the MSCI World Looses up to 50% in the worst crisis. Managed Fond: Cost: approximately 2,5-6% Fee: approximately 1-3% Growth: nothing beats the index over the time some years could be be...