Monday, May 3, 2021

April 2021 update ($761,128 +$33,824 or +%4.7)

↑ Financial independence savings for last month $2,000
↑ Emerging Markets Stock Index Fund is up by $777 or +0.5%
↑ Eurozone Stock Index Fund is down by $3,498 or +2.4%
↑ US 500 Stock Index Fund is up by $10,031 or +5.8%
↑ Global Small Cap Index is up by $6,286 or +4.0%
↑ Growth fund is up by $2,353 or +3.6%
↑ EUR is up to USD by $7,891 or +2.6% for my portfolio
↑ GBP is up to USD by $989 or +1.5% for my portfolio

Grand total additions: $33,824 USD
April 2021 Financial independence update

I am tempted to sell all the stocks and wait.  At the end of December 2019, I had $575K, at 7% annual growth its $615 K and with the additional investment I would have $650K. However, despite of the pandemic I have extra $100K in shares. You may consider it inflation or irrational exuberance – depends on the point of view.

Fun Fact:  Sometime ago my company offered by employee shares purchase. For every $100 invested, you get $15  extra at the end of the year.  This was back in 2006.  Then I left the shares for 15 years with all dividends reinvested. I decided to sell it recently. This is how stock (shares) selling works in the UK. You fill all the data online, including your bank account. Then company sends you piece of paper which you need to fill before the money are transferred to you. Such service cost $150 on $,5000 sell.  Additionally, every quarter the provider used to send a piece of paper – you need to return all of them back…by post. Electronic versions are not accepted.  If you missing at least one – it cost $100 to restore them. It costs $250 to sell 5,000 worth of shares in the UK and one months of exchanging by post. The company disconnected all telephone lines and no emails available. This is European style to make money. 

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