by Eric | Mar 24, 2023 | Early Retirement, Uncategorized
This is my third post documenting the purchase of our investment property in Portugal and the ensuing renovations. This particular post will mostly show additional before and after photos of more of the rooms and bathrooms. We have put a ton of work into cleaning...
by Eric | Dec 5, 2022 | Early Retirement
2022 was our first full year in retirement and was definitely an interesting start to early retirement. From January 1st to October 14th, the US Stock Market (as measured by VTI – Total US Stock Market) dropped 26.16%! Since that time, it has recovered a bit...
by Eric | Nov 22, 2022 | Early Retirement
We purchased the property! The deed transfer occurred on October 3, 2022 and although the price was 285k EUR (Property + Furniture), the cost with all of the transaction fees (IMT Taxes 4.22%, Notary Fees 0.11%, Land Registry Office Fees 0.09%, and Lawyer fees 1.23%)...
by Eric | Jul 9, 2022 | Early Retirement
July 9, 2022 We have signed a Promissory Note to purchase a 5 bed, 3 bath townhouse in the Algarve region of Portugal that currently has paying tenants generating 1,625 EUR/month. There are 7 tenants but 2 of them are couples. The townhouse actually has 6-7 rooms that...
by Eric | Jul 7, 2022 | Early Retirement
July 7, 2022 In Early Retirement, it often makes sense to create “side hustles” or small businesses that can help sustain or add to your portfolio, especially during bear markets. The type of business you create depends on your particular skills and...
by Eric | Jul 4, 2022 | Early Retirement
July 4, 2022 “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful.” – Warren Buffet A major recession can wreck havoc on your portfolio but it can also be a time of opportunity. If it happens during the accumulation phase while you are...
