The portfolio changes:
↑ Accumulated additional 3,500
USD as part of recreating my Emergency fund.
↑ Precious metals grew by 70 USD
↑ GBP vs. USD exchange rate went up, brought additional 200
USD
Grand total
additions: 3,770 USD
↓ Vanguard Energy ETF down by
810 USD
↓ Vanguard 500 Index down by 200 USD
↓ Company shares are down by 460 USD
↓ Rosneft shares are down by 800 USD
Grand total
losses are 2,270 USD
Observations:
-
Despite re-investing company shares (number grew
by 4 to 264), overall value dropped.
-
In 2010 money value of my nest egg is $ 230 K or
roughly 3.8 annual expenses. I expect to boost this number to 4.1 times by end
of the year.
-
I think I am already quite heavily exposed to
Energy Sector, need to diversify either to S&P 500 or other sectors. The
challenge is that with diversification into ETF…it is average risk and the same
level of performance.
-
The only way forward is to figure out how to
contribute more towards financial independence.
You're doing really well :) Diversification doesn't just have to be in stocks either, you can think about alternative investments like land, hedge funds, commodities, etc. I think you can hit your 4.1 times expense goal for sure and end the year with about $280,000.
ReplyDeleteHi Liquid,
ReplyDeleteThank you so much for stopping by. Road to financial independence is not always a straight line, so I am pushing as much as I can, while there is an opportunity to do so. I want it so badly to achieve it and understand what does it mean for me.