Last stop before the big one

Little league 11 by Frank Pierson

90k! What? Already? Yes, just 2 months after making 80k, I've gained my next 10k to 90k. That was super quick – I hadn't expected to make 90k so soon.

A big part this 10k was generated by the market. Since the 80k in November, I've made contributions of around 4 400 euros and the market has returned around 6 800 euros. Thank you Mr Market!

...or should that be Mr Trump? The last 2 months' ”trump rally” has been great for the portfolio. It only took 57 days to go from 80k to 90k!

Here's my portfolio breakdown as of 6th of January 2017 (actually the first 90k was on the 3rd but I didn't record my portfolio breakdown then):

	10.11.16	06.01.17	change
Savings account	5043	7575	+2532
Passive funds, broad	26698	30172	+3474
Passive funds, niches	8411	9734	+1323
Actively managed funds	6579	6603	+24
Listed stocks	24954	24930	-24
Unlisted stocks	5250	5250	0
Fixed income	100	100	0
Cash	4258	6012	+1754
Total	81293	90376	+9083

I don't think it is realistic or probably to think that I'd make the next 10k, 6 figures, so soon. Actually my guess is for the markets to remain rather flat for the next year, or possibly correct down. Schiller CAPE is currently over 28.

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! :)