Sunday, January 5, 2020

December 2019 update ($575,086 +$25,311 or +%4.4)

Emerging Markets Stock Index Fund is up by $6,867 or +5.2%
Eurozone Stock Index Fund is up by $1,377 or +1.1%
US 500 Stock Index Fund is up by $4.025 or +2.9%
Global Small Cap Index is up by $4.096 or +3.3%
Growth pension fund is up by $2,269 or +4.6%*
EUR is up to USD by 2% or $4,664 for my portfolio
GBP is to USD by 3.1% or $1,631cal for my portfolio
Monthly pension plan investment $382
Grand total additions: $24,928
Note: the actual percentage is 5.4% as it includes the monthly contribution.
Financial independence from the very beginning
It was pleasing to see my personal independence portfolio leap up in the final month of 2019.  

Its coincided with general election in the UK where people overwhelming re-affirmed desire to exit the European Union.
The conservative party won 365 seats out of 650 (56%) in the parliament. Majority of the seats are allocated to England 533 out of 650 (82%). For the first time in long while I saw the local people in England smiling and notably in cheerful mood day after the election, while the immigrants were busy at their homes packing things (Poland – 14.8%, Romania – 6.8%, India – 5.8%, Ireland and Italy – 5% each, Portugal and Lithuania – 3.5% each of the total immigrants in the UK). Foreign born the UK citizens are is 14% of the UK population and further 7% are non-UK nationals.  If you think about it 1 in 5 is a foreigner in the UK.
This led to the UK index raise and the currency, which collectively added $3,899 to my net worth in last month.
Also US S&P500 and the Emerging markets  funds were  was up, hopeful on China – US trade deal (34% by weight are Chinese stocks, the remaining BRICS are Brasil - 7 %, Russia - 4%, India - 9%, South Africa - 4.7%).

I do not expect this to hold or continue. Even with any potential correction if my net worth remain above $500K it will do for me (a healthy increase of $60K).

No comments:

Post a Comment