Mr. FightToFIRE

My monthly Savings Rate report: March 2020

This page can contain affiliate partner links to products that I purchased this month.

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Well, this was an interesting month for obvious reasons. The Coronavirus took a hold of the world this month after it caused a lockdown in China. It’s not exaggerated to say the coronavirus has the world in its grip. The upside to this for me personally is that it means I barely made any expenses besides groceries. I did make one large purchase after receiving a tax deduction on my apartment.

Model 3 Performance - Midnight Silver Tarmac Motion

4 reasons why I’m a car owner in the city

I recently -since 23 January 2020 to be precise- received a car through my employer. It allows me to experience car ownership without all the worries linked to it.

5 tips and suggestions to control the crisis and a recession

Heads up before you read these suggestions. These and other posts like them are my own thoughts and ideas. I’m not a broker/dealer, nor am I an investment advisor. I have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. These are suggestions, guides, not advice.

Until a couple of weeks ago, the markets stayed unphased by the ever-expanding coronacrisis. Forward three weeks and the markets caught a serious fever. You got to wonder: with steep a decline as we saw these past two weeks, is it time to go in a bit more and “buy the dip” during this coronavirus crisis and are we heading for recession version 2020?

Portfolio update: stock purchases using tax deduction

Thanks to a tax deduction on my newly bought apartment on plan, I received about 17,000 EUR. This allows me to give a nice update on my portfolio and milestones progress.

How one tax deduction reduced my apartment cost by 17K

Something interesting happened about a week ago. As you might have read –on my twitter feed or on the blog– I signed the deed of the mortgage and apartment. As a result I’m official the owner the apartment and the land the building is build on; Partially when it comes to the land. What I hadn’t mentioned was that I got a 16,575 EUR tax deduction!