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...
by Eric | Jun 25, 2022 | Early Retirement
June 23, 2022 So much as changed in the last six months! As of today, the US Stock Market is down 22.18% since the start of the year as measured by the Vanguard Total Stock Market Index Fund (VTI). Interestingly, Bonds as measured by BND, the Vanguard Total Bond...
by Eric | Mar 12, 2022 | Early Retirement
March 12, 2022 We regularly monitor our Net Worth, Portfolio, and Budget and I would recommend this activity for everyone whether you are working towards retirement or already retired. During this chaotic time of Covid and now the Ukraine War, the market has been...
