Sunday, April 2, 2017

March 2017 update ($384,408 -$5,531 or +1%)

Vanguard Emerging markets ETF is up by 1% or $161
  Company shares are up by 1% or $201
Rosneft shares are up by 2% or $225
iShares core DAX wen up 4% or $920
GBP is up to USD by 1%, for my portfolio it is $358
Precious metals are up by 1% or  $531
Grand total additions:  $2,396

Vanguard S&P500 ETF is dow by 1% or $642
Gazprom shares are down 6% or $7,223
iShares Emerging markets sovereign debt ETF (IEMB ) down by $60

Grand total losses:  $7,925

Financial independence from the very beginning - real journey, real life
-          I have now complete my selection of alternative and cost efficient investment vehicle.  The arrangement is being made and I indent to publish the outcome before end of the month, if I can.
-          My Vanguard S&P500 ETF is lagging S&P500 performance. This difference is that small caps poorly presented in the ETF are now leading the growth pack. 
-          I suspect that my investment this year after the re-organisation will largely be in autopilot. 
-          We also purchased a house on 20 year mortgage, I need to publish note on it, as we slightly contributing towards paying of principal.

From my recent travels. What is striking in the every day life that a lot of people in Western Europe do make pension contributions along with the employers (immigrants and native people younger than 30 years are largely excluded from this process by design). The contributions make up to 30% of the gross salary and yet there is very little to no interest in what is happening to the money. Recently I run a calculation on what would happen if I invest in one of the pension funds managed by the BIG banks in Western Europe. Result was astounding. If $300,000 invested for 30 years, discounted for inflation you will get $370,000.  This roughly means less than 1% a year in real terms.

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