Updates from September, 2017 Toggle Comment Threads | Keyboard Shortcuts

  • eurfi 19:22 on 2017-09-02 Permalink | Reply  

    August 2017 – Net Worth and Expenses 

    May (-200) and July (+100) were two months with no progress. I’m glad that August shows a healthy gain of almost 1 %. The only sad thing: My stock market activity did not contribute to that.

    • brokerage accounts 292.3k (-0.5k)
    • ETFs 17.7k (+0.7k)
    • cash 20.3k (+5.5k)
    • alternative investments 62.2k (-2.0k)
    • taxes 3.5k
    • total 396.0k (+3.8k) [+0.97%]

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.5k
    • April 3.3k
    • May 3.1k
    • June 2.1k
    • July 2.3k
    • August 2.1k

    August was the cheapest month so far (a few Euros below June). An yearly total of 33k seems achievable.

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  • eurfi 22:41 on 2017-08-01 Permalink | Reply  

    July 2017 – Net Worth and Expenses 

    It sounds like a broken record: the weak Dollar reduced my gains.

    • brokerage accounts 292.8k (-4.5k)
    • ETFs 17.0k (+0.4k)
    • cash 14.8k (+4.5k)
    • alternative investments 64.2k (-1.5k)
    • taxes 3.4k
    • total 392.2k (+0.1k) [+0.03%]

    So, it is barely a profit. My Put Selling is working great, but my other trades not.

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.5k
    • April 3.3k
    • May 3.1k
    • June 2.1k
    • July 2.3k

    At least the expenses were low. The second half of the year should be cheaper than the first half. January is by far our most expensive month.

     
  • eurfi 22:31 on 2017-07-01 Permalink | Reply  

    June 2017 – Net Worth and Expenses 

    Last month I lamented about the weak Dollar. I can repeat that for June, but this time there is still a nice gain left.

    • brokerage accounts 297.3k (+4.4k)
    • ETFs 16.6k (+0.5k)
    • cash 10.3k (+0.9k)
    • alternative investments 65.7k (-0.1k)
    • taxes 2.2k
    • total 392.1k (+6.6k) [+1.71%]

    In the first half of the year I achieved a 26.4k gain. Projected to end of 2017 this would mean a net worth of 418.5k. I’m not satisfied with my investment returns so far, let’s try to beat this number.

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.5k
    • April 3.3k
    • May 3.1k
    • June 2.1k

    June seems to be a cheap month for us in general. I like that.

     
  • eurfi 22:58 on 2017-06-03 Permalink | Reply  

    May 2017 – Net Worth and Expenses 

    The weak dollar (and bad investment performance) led to my first negative month this year. I was hoping to have 12 positive months this year. A few months before were barely positive (but only positive thanks to my high savings rate).

    • brokerage accounts 292.9k (-5.4k)
    • ETFs 16.1k (+1.0k)
    • cash 9.4k (+2.6k)
    • alternative investments 65.8k (+0.1k)
    • taxes 1.3k
    • total 385.5k (-0.2k) [-0.05%]

    I lost over 5k this month, despite having a good month on my put selling.

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.5k
    • April 3.3k
    • May 3.1k

    It looks quite challenging to reach my projected yearly expenses of 33k. At the moment we are on track for 36k.

     
  • eurfi 7:39 on 2017-05-03 Permalink | Reply  

    April 2017 – Net Worth and Expenses 

    April was looking quite good in the latter half of the month, but the strong rally after the French election was not good for my (slightly bearish) option positions. My stocks – mostly REITs – did not participate in the rally, instead they lost as well.

    • brokerage accounts 298.3k (-4.5k)
    • ETFs 15.1k (+0.9k)
    • cash 6.8k (-12.9k)
    • alternative investments 65.7k (+20.1k)
    • taxes -0.2k
    • total 385.7k (+3.4k) [+0.9%]

    I moved some money around, so the brokerage accounts actually show a small gain (about 0.5k). Also, the huge increase in alternative investments is by investing new stuff, not actual gains. I’m currently getting around 300 Euros each month out of it (before taxes).

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.5k
    • April 3.3k

    April looks expensive, but there is 1.1k for our first cruise included.

     
  • eurfi 23:10 on 2017-04-03 Permalink | Reply  

    March 2017 – Net Worth and Expenses 

    During March I had the impression it would be a slow month (meaning: not much progress), but in the end it turned out 2.3 % gain.

    • brokerage accounts 302.8 (+3.5k)
    • ETFs 14.2k (+1.3k)
    • cash 19.7k (-3.7k)
    • alternative investments 39.7k (+5.9k)
    • taxes 0
    • total 382.3k (+8.2k) [+2.2%]

    Like last month, if there are changes in “cash” and “alternative investments” I bought or sold some investments (similar to peer-to-peer lending).

    Monthly Expenses

    • January 5.2k
    • February 2.5k
    • March 2.1k (Update: 2.5k)

    I really tried to stay below 2.0k, but I didn’t make it. I had some purchases, that I delayed or didn’t make, but in the end I was about 130 Euros over my goal. Update: I forgot one expense (it was on credit card and the bill came on 5th of April). We are going on a cruise soon and I partially paid for the trip.

    Quarterly Goals

    Every quarter I set some goals (or more like a direction) for the upcoming quarter. In Q2 I would like to spend more time with my kids outdoor (in the forest or by bike). Another topic is “simplify” – I would like to get rid of some stuff. My wife already sorted out her clothes (a huge pile). I have a hard time to say good bye to still functional clothes. (Although my wife has sometimes a different opinion about what is still okay and what not.)

     
  • eurfi 23:47 on 2017-03-02 Permalink | Reply  

    February 2017 – Net Worth and Expenses 

    February was a quiet month. In my brokerage accounts I’m mostly in cash – so no risk, but also no income.

    • brokerage accounts 299.3k (+0.3k)
    • ETFs 12.9k (+0.9k)
    • cash 23.4k (+8.0k)
    • alternative investments 39.7k (-4.6k)
    • taxes -1.2k
    • total 374.1k (+4.5k) [+1.2%]

    Monthly Expenses

    • January 5.2k
    • February 2.5k

    Like I said last month, our expenses should be around 2.5k each month. Notable expenses were 410 Euros for car inspection and 160 Euros for IKEA. Maybe March will be a very cheap month – below 2.0k might be possible.

     
  • eurfi 20:44 on 2017-02-01 Permalink | Reply  

    January 2017 – Net Worth and Expenses 

    The first month of the new year is already over. I changed some accounting tactics and January will be from now on a very expensive month. In the past I “distributed” certain expenses (pension contracts in this case) evenly over the year. I pay them in January and from now on I will fully book them in January.

    In a comment on 1500 Days I mentioned 370k as our current net worth. Was a little bit too optimistic, but close enough to count as rounding error. I missed it by 400 Euros:

    • brokerage accounts 299.0k (+3.5k)
    • ETFs 12.0k (+0.0k)
    • cash 15.4k (-7.7k)
    • alternative investments 44.3k (+9.0k)
    • taxes -1.1k
    • total 369.6k (+3.9k) [+1.1%]

    Monthly Expenses

    • January 5.2k

    In 2016 our expenses were 35k (34.7k). In 2017 I hope to be around 33k. So, apart from January, our monthly expenses should be around 2.5k to reach this.

     
  • eurfi 21:32 on 2017-01-01 Permalink | Reply  

    December 2016 – Net Worth and Expenses 

    Back in November I started a bearish leaning trade that did not work out at all. It had the potential to destroy my goal of reaching 360k net worth by the end of the year. But it turned out well – I made it!

    • brokerage accounts 295.5k (+2.5k)
    • ETFs 12.0k (+1.5k)
    • cash 23.1k (-26.8k)
    • alternative investments 35.3k (+0.1k)
    • taxes -0.2k
    • total 365.7k (+7.6k) [+2.1%]

    I had to pay my taxes for last year. ETFs gained nicely.

    Monthly Expenses

    • January 2.8k
    • February 2.6k
    • March 3.4k
    • April 3.7k
    • May 3.3k
    • June 3.2k
    • July 2.9k
    • August 2.6k
    • September 2.9k
    • October 2.7k
    • November 2.5k
    • December 2.4k

    December was a cheap month, despite the usual Christmas gifts. Our yearly expenses were 34.7k – well below the target of 36k. I have some error in my accounting, running expenses are always higher than the final number.

    I will talk about the full year numbers in a detailed post. Yearly goals will follow too.

    I wish all my readers a happy New Year and a successful 2017.

     
  • eurfi 22:18 on 2016-12-02 Permalink | Reply  

    November 2016 – net worth and expenses 

    November was the post-election month and the markets did surprise me. I did not expect this rally! In the end it was a positive month and I’m closer to my year-end goal of 360k.

    • brokerage accounts 293.0k (+1.3k)
    • ETFs 10.5k (+0.5k)
    • cash 49.9k (+3.0k)
    • alternative investments 35.2k (-0.1k)
    • taxes -30.5k
    • total 358.1k (+4.4k) [+1.2%]

    Monthly Expenses

    • January 2.8k
    • February 2.6k
    • March 3.4k
    • April 3.7k
    • May 3.3k
    • June 3.2k
    • July 2.9k
    • August 2.6k
    • September 2.9k
    • October 2.7k
    • November 2.5k

    Yeah – the lowest month of the year! Running expenses for the year are now below 36k (which is my goal).

    About this blog

    I will spend less time on this blog in the future. This means comments will take much longer to get published and my next post will be in the beginning of the new year. My previous “Escape 9 to 5” is more or less failed (at least stalled). So to be free earlier, I’m working on a new way to earn around 1k each month (which will be selling my time doing programming).

     
    • spaarolifantje 22:47 on 2016-12-02 Permalink | Reply

      Nice, you are definitely getting close to that 360k goal!

      Like

    • homoinvestor 19:51 on 2016-12-06 Permalink | Reply

      Hi eurfi!

      How are you going to sell your time? As a freelance? I’m also looking for new income streams and programming is on my skills.

      Kind regards,

      Homo Investor.

      Like

      • eurfi 22:40 on 2016-12-06 Permalink | Reply

        Yes, I found a company that pays me for each hour I code.

        Like

        • homoinvestor 22:42 on 2016-12-06 Permalink

          Which technology? I’m a spaniard… Do they hire international people?

          Like

        • eurfi 23:23 on 2016-12-07 Permalink

          An old, unsexy technology. I don’t want to name it.
          It is a very small shop, I doubt they would even hire another developer.

          Like

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