The next interview in the series is with Mr. ERN. An experienced option trader with an interesting put selling strategy. His blogs brings some challenging thoughts like the reasons not to have an emergency fund. Make sure to check it out. Q: Tell us about yourselves A: We are Mr. & Mrs. ERN, a married couple with … More Option Trading Interview #7 – Early Retirement Now
This Saturday was not only a very sunny Indian summer. It was also the day that a group of FIRE enthousiast got together in Breda. It is amazing how easy a group of like-minded people can have a great afternoon, even when we only know each other virtually.
When I started out to document my options income, I had no idea what to expect. I thus set low goals, as a way to have a target and not to oblige myself too much into taking risk with options. We are now 3 quarters into 2106, and it has been amazing.
One of the key steps to reach a savings goal and thus Financial Freedom by extension, is to spend less than you earn. Let’s see how wants and screw your savings.
Almost 3 months ago, I said goodbye to a nice job. I had decided to join a start up. I was curious to see what business life in a startup would be, what would be the challenges, how would I behave in that environment.
Like most people on the journey to Financial Independence, I have a series of spreadsheets filled with a lot of data and formulas. These documents allow me to track my progress on the Amber Index and in play money. Are they helping me to communicate with my wife? How could the cloud help me even … More How spreadsheets facilitate communication.
Why would you ever spend 60€ per hour on entertainment? There is much better value for money that can be found in this space. And yet, that is what me and my family did this Sunday.
The only one to blame for the loss is Amber Tree Leaves. Not trading options, not the market. Me… I do consider this a valuable lesson. Let me tell you why.
Having goal and plan in place means that you have to stop and look back once in a while to see where you are compared to the plan. Are we doing fine, is our goal still realistic?
After having a few beyond expectations income months, I wondered how long it would last before I hit the wall. Well, we finally have the answers! Funny enough, it was not the Market that made me hit the wall, it was Amber Tree that did this all by himself! Well done…!