“Is now the right time to invest Loui?”. That is the question I hear the most when people start to invest. And for a good reason. This article will show you the very basics of market timing. And is inspired from this article. It will show that the answer for when the best time to … Continue reading “Is Now the Right Time to Invest??”
Author: Loui Lam
My 5 Biggest Financial Mistakes
Fucking Up, Less This article is about how I could be financial independent today if I had been more wise about my money earlier in my life. I have always thought that to become wealthy you will need to start a successful company or invent something awesome. It will be easier to become wealthy if … Continue reading “My 5 Biggest Financial Mistakes”
How to Be a Minimalist and Become Wealthy
Find Your Why to Be a Minimalist You can’t consume your way to happiness Pete Adeney, (Mr Money Mustache) That is mine why. This is a huge relief since I don’t have anything to chase anymore. I know that my happiness can’t be bought, traveled to, or attained by doing some shopping. Happiness for me … Continue reading “How to Be a Minimalist and Become Wealthy”
Mini Retirement and Passive Income
I’m starting a new job in January 2021. This means that my mini-retirement is coming to an end. It has been 20 months of traveling, learning, frustrations, life-changing happenings, and experiences. I thought I would never say this but I’m looking forward to having a normal 9-5 structure again. The normal way to do a … Continue reading “Mini Retirement and Passive Income”
26# My Monthly Financial Independence Update
12-month rolling expenses: 99.000 DKK (16.000 $) My Coast FIRE number: 5.787.000 DKK (956.000 $) or 56 years of living expenses. New Time High!!! It has taken me 12 months to get a new time high in my networth. And that has happened without a job. I have been on welfare (A-kasse) since I got … Continue reading “26# My Monthly Financial Independence Update”
If I Lived in a House Hack…
I moved to Copenhagen in 2009, because I had to start as a mason apprentice. The first apartment I lived in was one of my parent’s friends. He told me that I could stay there for three months to two years. So I thought to myself: “It must be a bit more than three months, … Continue reading “If I Lived in a House Hack…”
25# My Monthly Financial Independence Update
12-month rolling expenses: 100.000 DKK (16.000 $) My Coast FIRE number: 5.566.000 DKK (907.000 $) or 56 years of living expenses. Coast FIRE Number is Dropping Even though I’m nearing a new high in my networth, my Coast FIRE number is dropping. In June 2019 my Coast FIRE number is higher than it is today. … Continue reading “25# My Monthly Financial Independence Update”
My 7 Favorite Quotes from Walden
I love old books. And I love timeless books. Walden is both old and is more relevant than ever. Henry embraces solitude, simple living, and nature. And living in a society where we compare ourselves with the biggest and most beautiful houses and the fastest cars. Just one cm behind that façade where everything seems … Continue reading “My 7 Favorite Quotes from Walden”
You Want to be Rich? Become a Craftsman
This will go against everything you know about becoming wealthy and your education choice. But if you are just about to leave school. And you don’t know what you want to be. Becoming a craftsman is superior if you want to be wealthy. The normal advice would be to have one of the following educations … Continue reading “You Want to be Rich? Become a Craftsman”
How I Write Articles from my Phone, And Why You Should Too.
For a year I chose not to have a phone. It all started because I only had a phone which my previous work had provided. And when I stopped there I had to turn it in. I thought to myself that I would be nice without a phone for a couple of days. So I … Continue reading “How I Write Articles from my Phone, And Why You Should Too.”