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 Together, i want to give you a short update whats going on in the last 6 months. As you see it´s very boring only to have saving plans but the time is your friend and bring you the money. Saving plan Name / Count / Amount / Performance  MSCI World ETF / 65,8 Shares / 3000€ / +9% the wohle position Saving Cash nothing because of buying a house and do a lot of reconstruction work Dividends 14.12.2016  DEKA Dax ETF ->6€ 01.03.2017  Phillips66 ->7,60€ 04.04.2017  Eurostoxx Select Dividend ->30 59,68€ 02.05.2017   Munich Re ->172€ Relocation Move to a own house and save now the rent (Ok now paying the bank ;-)) Upcoming Saving plans Eurostoxx 600 ETF 100€ MSCI WORLD HEALTH CARE 100€ Saving money for defense ETF Saving Dividends Robo advisio r Small Amount by Cashboard not that convinced that i can recommend it but gives me a free depot where i can do my capital accumulation benefits Capital accumulation benefits ...

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...

Reducing cost is one of the most effective things to generate free money to invest. For me it´s every year like a game to find new, cheaper offers or new customer offers. For me it makes every year up to 700€ only for the new customer Bonus and takes me only 30 minutes! Insurance: Here its sometimes a bit tricky because you can not change a live insurance easy. Here i only check my health insurance and my liability insurance In case of Car insurance check these because here you can safe a lot of money! Gas: It sounds stupid but i quit every year my gas contract to change to another provider. Here i get the same price or cheaper and mostly a few hundred euro new customer bonus. It takes me 5 minutes over a comparison site for example check24.de in germany Electricity: its the same easy process like gas. :-) Cable TV/Internet: I have a 2 year contract where i have the first year new customer conditions and then i must pay 60% more. So i quit every year and...