↑ Accumulated $4,000 as part of my annual saving goal
↑ Vanguard ETF is up by $300
↑ Vanguard S&P 500 is up by $400
↑ Gazprom stocks are up by $23,248
↑ Rosneft shares are up $532
Grand
total additions: US$ 28,480
↓ EUR is down to USD, represented loss of $4,118
↓ GBP is down to USD, represented loss of $725
↓ Gold is down by $347
Grand total
losses: US$ 5,190
Observations:
-
I
have another 6 months to accumulate money, as part of my annual savings goal to
financial independence. This year target is $ 370 K by end of the year. Current forecast about additional $24K in
savings, $ 9 K in the dividends. So if current share price stay the same I will
be short $17K at the end of the year or 5%. So I need to figure out how to get additional
$17 K to reach my annual goal.
Great progress for the first half of the year. Maybe the stock market will continue to perform strong and give you that 5% you need :) I'm planning to make some fixed income investments soon. The strategy is to give my portfolio more stability. It appears to me that gold has a pretty safe floor at $1200 USD. I plan to increase my holdings in gold whenever it dips below that level.
ReplyDeleteHi Liquid. Thank you for stopping by and the encouragement. I do not really want to depend on the wind that blowing (i.e. market growth).
DeleteParticularly with me investing in dividend companies towards my financial independence.
I have very small amount invested in precious metals myself. It certainly creates a lot of stability for portfolio, however if I want some of it, I would rather go for a bond ETF in emerging markets.
Perhaps when I am closer to the financial independence target I would re-allocate the assets. As far as I could see it gold does not work, it just sits there. I am talking this without having mortgage and should I have one one day, I certainly consider creating emergency fund using precious metals.
My plan to reach additional $17 K is by either curtailing the family budget or getting a bonus, second job to achieve that. I really need to stay on track this year.