What Would You Do With 1 Million Euros?

what would you do with 1 million

Last week I read a fantastic blog post published by Mr. RIP from Italy, titled what would you do with 1 million euros.

Apparently this post began last month in the UK FIRE community, where people would run a thought experiment with the following question:

What would you if you got given £1 Million?

Since I’m in continental Europe, I will take up the challenge in euros instead of pounds. In the end, I don’t think it makes a difference anyway.

The article by Mr. RIP was very well written. My mind isn’t that clear yet on this topic, that’s why decided to participate in the experiment, and post in this new category Thoughts on Tuesday. Writing helps me to structure thoughts, so please find below my answer to the question “What would you do if you got given €1 million?”

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Why I Decided To Remove Bonds From My Portfolio

remove bonds

In the past my index portfolio consisted of both stock and bond ETFs. I used to follow the age – 10 rule for the bond part. So at 25, I would have 15% of my portfolio in bonds and 85% in stocks. However, I decided to remove bonds from my portfolio entirely. You can read my complete investor’s policy statement here.

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My Investment Strategy in ETFs and Real Estate

investment strategy

As a person looking to become financially independent and fire my boss, I’m always investing my money. As soon as it enters my bank account, I assign every euro a job, and a lot of it goes to my investments. This is my investment strategy to become financially independent in Europe.

Read moreMy Investment Strategy in ETFs and Real Estate

An Introduction To Investing In ETFs, Stocks, Bonds

introduction to investing

Investing, that’s not for me, you might think. Or maybe you don’t believe in the value it can bring. This article is an introduction to investing in stocks and bonds, and also covers index funds and index tracking ETFs. Those can be used to invest in a broadly diversified portfolio.

Read moreAn Introduction To Investing In ETFs, Stocks, Bonds