18# My Monthly Financial Independence Update

The Quick Takeaways

This month savings rate: 0 %

Yearly Passive Income (5 % withdrawal with taxes): 14.300 DKK (2100 $)

% change since last month: – 10 %

Where Did My Cash Go?!

The stock market is down.

It is the biggest monthly drop in my portfolio EVER!

When that being said. I have sold shares and spent 8400 $ (54.000 DKK) since I started my mini-retirement in April 2019. (I have spent more money than that, but that “Income” is from my portfolio)

Which is an awesome thing for you guys who are still buying up shares. But not for me who is in a mini-retirement, and sort of dependent on cashing out some shares to get by.

I enjoy selling shares that were almost 40 % more expensive than I bought it.

It meant I got 40 cents for every dollar I invested. Not bad. But now it is more like I get 28 cents for every dollar. Which is still not bad, but it does hurt a bit more to sell a share now.

I still have a good amount of cash, but they might not be sufficient for the next 6 months.

Back In The Philippines

Two days ago arrived back in the Philippines.

What should have been a week in France, ended up being 14 days instead. The boat that I’m going to sail with. Has kept postponing when they are going to leave Indonesia because of bad weather.

That meant I could spend some more days in France. I’m looking forward to the next six months of adventure. But being away from the girl I visited in France is tough. We are not going to see each other for the next six months. It is far from ideal to miss a person that much when I was supposed to have the time of my life.

I’m trying to tell my self that it is possible to miss a person back in Europe, and still have the time of my life here in Asia. But I would lie if I say it doesn’t take a good amount of internal convincing.

I just guess it is a sailor’s life.

Making a FREE Online Course

I have decided to make a free online course on how to reach Coast FIRE in three years or less.

I decided to make it because I think many people will benefit from getting educated on how “little money” can secure your future.

Special young people, who going to choose which education they should do. And maybe go down a route because of the money and “prestige”.

You can reach Coast FIRE in three years or less, with any formal education here in Denmark. And this course will prove it.

It will be short. It will be basic. But it will be efficient as f### !