The portfolio changes:
↑ Accumulated additional 7,000
USD as part of recreating my Emergency fund, this is for October and November.
↑ Vanguard Energy ETF up by 1,800 USD
↑ Vanguard 500 Index up by 1,100 USD
↑Company shares dividend
reinvestment programme added additional 4 shares and some growth. Overall 580
USD up.
↑ GazProm shares are up by 5,580 USD
↑ Vanguard SPX 500 ETF dividends - quarterly dividends
– 66 USD after taxes.
↑ Grand total additions: 16,126 USD
↓ Precious metals lost 370 USD (chiefly due to fact that RUB
is weaker towards USD).
↓ Rosneft shares are up by 1,330 USD
↓ EUR is lost towards USD, while
GBP gained, some. Overall change is 2,100 loss on month to month basis.
Grand total
losses are 3,800 USD
Observations:
-
While working and earning money it is easy to
overlook – how much does it cost to keep your portfolio. In my case I pay almost
500 USD a year to maintain my account. Cumulative dividends are 7,200 USD. In
other words I need to invest additional 40,000 USD to keep the account running.
Current expense ratio is 7%. Could kill any investment. Admittedly in the long
run with the portfolio growing in size the price will stay the same and the
ratio will go down.
-
If you participate in your employer pension
scheme, total contribution could vary from 5% to 30% of your income. The figures make me humble, as I am only
contributing 35% at best, while being fortunate to be on a short term but
relatively lucrative contract.
-
Current saving rates are not inspirational, but
on target. It will take another 20-25 years to reach financial independence.
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