Goodbye 2022 – Hello 2023!
Total Balance Blog
by That Guy
4d ago
Well, we made it this far. I remember looking so much forward to writing these “yearly goal posts” in my first couple of years of writing on this blog. I’ll admit, I can’t seem to muster the same kind of excitement for this particular one. Perhaps it’s because it was a huge loss-year where I didn’t finish anywhere near my goal, or perhaps it’s simply because there is less and less “interesting news” to report as time goes by. I deposited a shitload of cash into my accounts, my investments yielded a negative result in 2022, and yet I plan to do exactly the same in 2023 as I did in 2022 (hoping ..read more
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Monthly Update #51 (November 2022) – The Pay Bump
Total Balance Blog
by That Guy
1M ago
Oh, hello! Here we are again ? Another month has gone by, and per usual these days I’m a little late with my update! Well, better late than never, right?! ? Another month went by without me managing to produce more content for the blog, besides the monthly update. It’s a little annoying, but I’m sure inspiration to write more will return eventually. If not, so be it ? I’m happy to see that I still have a few loyal readers (at least I still see a couple of hundred visitors per month), so thank you for staying with me! ?   The month in review I feel like the past year (+/-) has been pretty ..read more
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Monthly Update #50 (October 2022) – Back in Black
Total Balance Blog
by That Guy
2M ago
Update #50! Oh my, where did time go? We’re finally back in green territory this month – but just barely, though. Let’s take a gander at them numbers from October 2022, shall we? The month in review After months of watching my portfolio decline we finally hit a little green this month. Granted, it was a tiny step forward after many months of going backwards, but it’s always nice to see a little green in the accounts (pun intended! ). After selling some of my indices in September, I’m (once again) very cash heavy. – And what do you know, just as the positive bank interest returns! What a stro ..read more
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Goodbye 2021 – Hello 2022!
Total Balance
by That Guy
1y ago
Another year is in the history books! And what a year it has been. As is the norm here on the Total Balance blog, I like to look back at the previous year and compare the goals and dreams (2021) to the actual numbers. Unfortunately, we did not manage to reach the target that I set out to reach in January 2021 (€135.000 by year end). However, I knew that it was an aggressive target, so I’m still fairly content with the 2021 results (€122.189). But lets dive into the numbers of 2021, and have a look at some targets for 2022! ? The 3 Pillars of wealth I’ve previously introduced the concept of the ..read more
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Monthly Update #40 (December 2021) – Another Christmas in the Trenches!
Total Balance Blog
by That Guy
1y ago
Hola people of the great and vast pool of information that is the Internet! (too much?) It’s 2022! Happy New Year everyone! It always takes a while to get used to writing a new year, but I’m already getting the hang of it I think Even though January is one of my least favorite months of the year (it’s so loooong, dark, cold and uneventful), writing the last update of the year is something that I look forward to every year! We’ve made tremendous progress in 2021, and I’m already excited to see what 2022 has in store for the Total Balance household. But lets not get ahead of ourselves! It’s tim ..read more
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I’m done trying to FIRE! (Thought experiment)
Total Balance Blog
by That Guy
1y ago
You’ve decided that you no longer want to save any of your income toward FIRE each month. Instead, you’re going to spend it.  How would you use your new disposable income? TheSavingNinja propose a thought experiment each month (ok, it’s been in hiatus for a while now). I’ve read some of the previous thought experiments (and even participated in one myself – and also one “unofficial” one), and after the good TSN posed a new Thought experiment (#11) for this new year, I decided to re-join this fun little venture! The premise of these thought experiments is to allow your thoughts to flow as ..read more
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How to earn a (high) interest rate on your (crypto) coins
Total Balance Blog
by That Guy
1y ago
If you’re like me you like FREE money! (Yes?!) In the olden days, when you deposited your hard earned cash in your local bank, they returned the favor with a decent interest rate. I remember my grandmother once told me that she got 10% on a “high yield interest rate account” in her bank. Of course, this was 30 years ago. The days of decent interest rates in your bank have long gone – they even “pay” NEGATIVE rates on your cash these days. My grandparents would be turning in their grave, if they knew about this development. I currently pay -0.7% on my “savings account” in my bank. TRUE STORY! I ..read more
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All good things come to those who save (maybe?)
Total Balance Blog
by That Guy
1y ago
As the end of the year is rapidly approaching, I find myself in the philosophical corner as of late. In my very first post on this blog, I wrote this statement:  I’m particular interested in documenting the paradox between having the FIRE mindset, while still “living in the now”. This is something I myself have been struggling with for a while now… More than 3 years have gone by since I wrote that, and it has become apparent to me that I still struggle a lot with this paradox. I’m painfully aware that my feelings towards this is coming from a place of extreme privilege. The fact that we ..read more
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Monthly Update #39 (November 2021) – The drought continues
Total Balance Blog
by That Guy
1y ago
Hello dear readers, good folk, friends and future self! Christmas is almost upon us, and soon it’ll be time to say goodbye to yet another year. And what a year it has been! Before we do that though, we’re gonna take a look at the November 2021 financials, here at the Total Balance household. I’ve started my new job on the 1st of December, and so far I’m really enjoying it. It’s always tough on your body and soul to start a new work life. New people to meet and new ways of working to learn. It’s been a couple of weeks now and I already feel like I belong, so I have no regrets so far! But before ..read more
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My investment strategy (2.0)
Total Balance Blog
by That Guy
1y ago
I often see people asking whether XX or YY is a good investment, and when talking to people about the general topic of investing, they often ask one of these two questions (or both): How much money have you made (by) investing? or What have you invested in – is it XYZ?! I’ve never been asked the question: What is your strategy? I understand that to most people “the strategy” is of little interest, as a strategy typically implies a set goal. Without a goal, then how would you build an appropriate strategy to reach that specific goal? Few people have a goal with their investments – that is ..read more
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