Diary of a future rentier (25)

This post is part 24 of 86 in the series Diary of a future rentier.

Journal

Si tout va bien je serai rentier dans moins d'une dizaine d'années. Aujourd'hui, je possède trois biens immobiliers, deux que j'ai mis en location et un dans lequel je vis. J'ai aussi quelques obligations, quelques investment funds et surtout un wallet of growing dividends qui commence à devenir intéressant. Par rapport à ce portefeuille, je me situe en ce moment à 8% de mon objectif d'indépendance financière et je pense arriver à dépasser facilement les 10% d'ici la fin de cette année. Cette progression peut paraître lente de prime abord. Cependant, elle ne se fait pas sur un rythme linéaire, mais plutôt exponentiel. En effet, plus j'avance, plus mes revenus passifs sont importants, plus j'économise, plus je réinvestis, plus je gagne... Sans compter la magic of compound interest.

Another ten years to wait before I completely withdraw from the professional world is both very far away and very close at the same time. Very far because it still means countless early mornings to get up to go to work, headaches and regular hassles to put up with again and again. Very close because it is much less than the time I have already wasted working for others. And it could be even closer because a complete break from working life is not necessarily one of my priorities.

Les revenus que je touche déjà aujourd'hui, sous forme de loyers, coupons et dividendes me permettraient déjà de vivre, même si ce n'est qu'en toute petite partie, comme rentier. Si j'en ai l'opportunité, je souhaiterais conserver une petite ancillary activity, histoire non seulement de diversifier mes sources de revenus, mais aussi pour mon bien-être physique et psychique. Si cette possibilité se présente, cela signifie que ce n'est plus dix ans à patienter, mais peut-être juste la moitié.

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Who knows, by 2020 I will probably only be working at 50%...

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4 thoughts on “Journal d’un futur rentier (25)”

  1. Hello Jerome, what strikes me most in your comment and which seems healthy to me is that you have a goal for your money, to be able to take it easy. It is a very good reminder that too often money is a goal in itself when it is only (an) accessory. The other advantage of having a goal is that we can determine when we have reached it…

    1. Thank you Armand for your comment. It is very true. And moreover considering money as a means rather than an end in itself also has the advantage of being much more serene in one's investments 🙂

  2. Hello Jerome,
    This is not the subject of the site but can you tell us a little more about your real estate investments (location, price, yield, etc.). I thought, wrongly no doubt, that rental real estate was not profitable in Switzerland because of very (too) high purchase prices. Thank you.

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