Saturday, August 3, 2019

June 2019 update ($518,821 +$2,188 or +%0.4)

Emerging Markets Stock Index Fund is up by $1,281 or +1.0%
Eurozone Stock Index Fund is up by $149 or +0.1%
US 500 Stock Index Fund is up by $1,765 or +1.4%
Global Small Cap Index is up by $589 or +0.5%
Vanguard FTSE U.K. All Share Index is up by $550 or +2.3%
Additional cash to invest $3,494 under my pension plan.
Grand total additions: $7,828

GBP to USD is down by $1,326 or -4.0%
EUR is down to USD by $4,314 or -2%
Grand total losses: $5,640
Personal journey to reach financial independence from the very beggining

The only investment which generates historically 7% among my choices is S&P500.  The rest are going under slightly, bringing overall 12 months rolling to 3.4%.  This is including $23K I saved in the past period.  Apart from the underperformance in absolute terms, Western Europeans currency are down 4% (EUR) and 8% (GBP).  Eurozone is the worst performer of all.  
With chaotic politics I expect that big correction sometime this year, beginning of the next. When S&P goes below 24,500 I will invest my cash into it or will keep looking at alternative investment. In the mean time will keep saving $1,250 a month towards my retirement.  The best option to break this barrier is to start looking for a new job, which enables me to save more money. 

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