French system

French system labyrinth, episode 1: the PEA

Hello Savers! If you live in France, you know that the French admnistrative, regulatory and legislative system is a mess. So is investing in France! (go here if you have not watched this gem) Let’s navigate this French labyrinth! Our first safe investment island is the PEA.   What is a PEA? “PEA” means “Plan Epargne Actions”. It is an investment pockets where you can hold European stocks. You can withdraw money from it below Read more…

Report

September 2018 FIRE update

Hello savers, Let’s go for September FIRE update! September was a good month, I managed to save a lot more than in August! I still had some expenses though: I bough a new bike! 🚴‍♂️ I now bike everyday to go to work. If you don’t, I really recommend that you try it: it is less expensive, better for the planet and good for your health. A very win-win situation. If you live close to work, Read more…

Opinions

Why capitalizing ETF are the best in France (and probably elsewhere in the World)

Hello savers, France is a very conservative and risk averse country when speaking about investments. Only 8.7% of French people invest in the stock market for instance! (source) For comparison, 54% of Americans are invested in the stock market! And when speaking to these people, a large majority of them prefer investing in companies paying dividends, which feels more “safe”.     Weaknesses of dividend investing However, when you really think about it, dividend investing Read more…

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August 2018 FIRE update

Hello Savers! Let’s go for my first classic FIRE update! This is my first post, however, as a saving geek, I track my progress since a bit more than 6 months. 😎  The month of August has been though: I went to Iceland, which an amazing but rather expensive country! So the previous month ended slightly negative… Moreover, September is tax month in France! 🇫🇷 We pay what is called “revenue tax”, based on last year Read more…