2017 Financial Independence Goals ($482,266
+$94,434 or +24%).
Financial goals.
- Accumulate $10 K a year, with $4k of
them towards long term house maintenance – Partially complete. We did not manage to save $4K towards the
house maintenance, instead invested it during the year.
- Portfolio – go 0% cash for savings
as of end 2016. Generate $10K in
dividends. Portfolio to be $430 K by end of the year – Complete. There has been a change, as with going to
Vanguard it reinvests all dividends automatically.
- Develop additional income source in
full, potential reward about $2,000 a year – Not achieved, although some
measurable progress made.
Blog:
- Regular monthly updates – Achieved.
- To cover 6 themes on financial
independence. Two of them : mortgage, 30 year forecast scenario – Not achieved, covered only four: “Transfer to low cost investment”, “Loft
insulation and energy cost”, “Zero based approach”, “Mortgage”.
- Publish easy tracker for the long-term
portfolio performance- Not achieved.
Educational:
- Create list of books to read - 12
books is minimum - Not achieved.
- Read the books – Partially achieved.
- Publish the books reviews Not achieved.
Family Budget:
- Stay under 110% of 2016 budget. Increase is due to additional
cost of commuting - Not achieved. Previous year budget exceeded by 26%. We spent too much money on the house, that we
should have.
