October 2021 update: I'm over the 700,000 € line!

Like I mentioned in my last update, I crossed another 100k€ mark this month, yay! 🎉 Will I make it to 1,000,000 € by the time I am 40? Can you become a millionaire by 40? Stick around to find out.

September 2021 update: Less than 40% left to double comma

What's been happening with me lately? Quite a bit actually.

  1. Breached 600k in net worth - and then some
  2. I started a position in Reinvest24.
  3. Sat back and let my P2P portfolio do its job.
  4. Got a raise at work.
  5. Have made some stellar moves on the stock market.

Continue reading to learn more 😊

How will the stock market crash and how to prepare for it

There's always a crash coming. Ever since 2013 they've been calling it, just around the corner. I was bearish before the corona crash, but I was wrong. What was I wrong about?

The magnitude of quantitative easing central banks were willing to do.

June 2021 update: earnings, expenses and wealth

I've been looking at my finances and this year looks just amazing - again. I can't wait to tell you about it! Here it goes:

April 2021 update: expenses, income and wealth

If I don't manage my money monthly, I'll just be surprised at the end of the year at how much I spent. And unless I track how much I'm making, I won't be able to re-allocate my assets.

For example, it looks like my stock portfolio gained 44,800€ between February and March. That's insane. But then again, I've taken on a ton of risk with growth stocks and it paid off.

Have a closer look and see how it's progressing.

3½ years of Bondora: Inching towards breakeven

Bondora is quite unpopular. People don't really understand the platform. People want quick wins, buyback guarantees and the like. That's not Bondora.

Instead, Bondora is a long ride. It's illiquid and difficult to forecast. Show me another blogger that has four years worth of data from Bondora and has actually properly analyzed what is happening. There are none.

I don't blame them really. How can you recommend a platform you don't understand.

Keeping track of your P2P profits (and everything else) in Google Sheets

Over the years, I've got a lot of questions about how I track my P2P portfolio. I've set my tracking up with tools that are difficult to share, but I wanted to finally help all of you do it more easily. Here it is, the one-size-fits-all approach to all investments that require the absolute minimum amount of tracking and you can do it just as often or rarely as you want. It won't break if you skip tracking for a month.

How to budget your life: free multi-year Google Sheet

how to budget your life. free multi-year google sheet

I've said over and over again that savings rate is the most important metric to follow if you want to become financially independent and retire early. Unfortunately though for many, calculating your savings rate can become a chore that you might do once a year. If so, it's difficult to affect your behavior in a meaningful way.

My Sun Exchange solar cells have returned 18% in a year. 🌞 Want a free cell?

This is the third year I've bought solar cells on The Sun Exchange platform (www.thesunexchange.com). The main reason I do it is that it is one of the very few ways I can compensate for my CO2 emissions in a potentially profitable way. There's currently a project on The Sun Exchange that has a forecasted IRR of 16.71%. Continue reading to find out more.

Annual expenses update: How did COVID affect my spending?


Work from home, save on lunch, no expensive trips abroad, less eating in a restaurant and so on, right? I should have easily saved a ton in expenses in 2020. How did it go then?

Total expenses increased by over 3,000€. For. Fucks. Sake.

How did that happen? Read on to find out.

How am I investing in 2021

I'm still alive, thank you all who've been asking. I just have been focusing on other things than this blog lately. Work has been busy and other side projects as well. And frankly, I got a little fed up writing about the same stuff. But now I've got a few new ideas. One of them requires more people to use my FIRE caluclator. Though the input data is completely anonymous it lets me understand gross and net income levels across different countries.

NEO Finance review 2021: Efficient peer lending without middlemen


I haven't written new reviews for a while, mostly since I don't like writing bad reviews and there's little to say about most platforms. But for some reason NEO Finance was different. Two things stood out:

  1. They are listed on the Vilnus Stock Exchange (VSE) with the ticker NEOFI
  2. They operate a payment initiation service Neopay

I'll explain further why I think these are important, but first, let's cover some more background.

What is P2P investing?

Originally the term P2P investing (peer-to-peer investing) was coined to refer to the form of investing where individuals (peers) lend to other individuals, with the use of a service (aka. a platform) that facilitates the transaction. The borrower would raise a loan of e.g. 1000€ and multiple private lenders could pitch in to the loan.

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