Thursday, November 10, 2016

Here's to the Eighties!


Typewriter, Schreibmaschine by Frank Jakobi


A couple of days ago I made a new milestone by getting a new first digit for my portfolio. On Monday the 7th of November, I recorded, for the first time ever, a portfolio value over 80k euros or 80 035 euros to be exact.

This is only 164 days after making my previous milestone of 70k back in May. What? That's less than half a year which leaves me a bit surprised actually but this is a surprise I'm quite happy to handle.

I didn't record an exact portfolio breakdown on Monday so I'll do that here now. Donald Trump just won the presidency yesterday on Wednesday and there's an ongoing market rally which may inflate these numbers a bit.



29.05.2016 10.11.2016 change
Savings account 7101 5043 -2058
Passive funds, broad 22325 26698 +4373
Passive funds, niches 7089 8411 +1322
Actively managed funds 5310 6579 +1269
Listed stocks 19286 24954 +5668
Unlisted stocks 5250 5250 0
Fixed income 100 100 0
Cash 3700 4258 +558
Total 70161 81293 +11132


From the portfolio breakdown it's easy to see that since May, I have been buying quite many individual stocks. Should perhaps limit that because I do believe the market to be at least somewhat efficient and that passive funds are likelier winners over the long term.

Also, my net worth also just made 6 figures and is currently at around 101k. However, I don't really pay much attention to my net worth as my apartment is my only noteworthy asset outside of my portfolio and I couldn't really sell my apartment for as long as I wan't to live in it. Further, I consider my apartment perhaps more as a liability than an asset, so I'll just stick to focusing on my investment portfolio.

Anyways, next stop: the nineties! :)

No comments:

Post a Comment