Tuesday, May 26, 2015

May 2015 update ($321,392 +$6,072 or +2%)

Accumulated $4,000 USD as part of my annual saving goal for May
Precious metals went up by $363
EUR gained against USD $2,098
GBP gained against USD $1,050
Grand total additions: US$ 7,511
Vanguard Emerging market lost 321 USD
Company shares lost 888 USD
Rosneft shares lost 224.7
  Grand total losses:  US$ 1,434


May 2015 update - FInancial independence from the very beggining - niterainbow.com

Observations:
-         Has been fairly stable month,  forecast is $358K towards end of the year vs. $420K planned.   Should EUR regain its ground against USD (i.e. reaching exchange rate 1.36 to USD like it was a year ago) I would meet my target but this is highly unlikely.  EUR has been deliberately lowered and will be kept low to maintain EU competitiveness.
-         I need to start thinking about reducing exposure to cash, as emergency fund is fully replenished and now has one year worth of expenses.  If I would invest everything in shares it would generate ~ $10K USD in dividends for me vs. ~$7.5 K now.

No comments:

Post a Comment