Six Figures!

Andreas Levers: Hangar 6

Wow, it's been a long time since I last updated the blog. During the Spring I was a bit overwhelmed with my work load at the hamster wheel and also experienced a little bit of a writer's block. Being a procrastinator, starting writing or anything is always a small hurdle for me.

Since my last postback in January my portfolio has made a new record number. Six Figures! Let me say that again: SIX FIGURES! It now takes six beautiful numbers to write the number of euros in my portfolio. Here's the details:

	06.01.17	10.05.17	change
Savings account	7575	7596	+21
Passive funds, broad	30172	33599	+3427
Passive funds, niches	9734	11330	+1596
Actively managed funds	6603	7499	+896
Listed stocks	24930	32872	+7942
Unlisted stocks	5250	5250	0
Fixed income	100	100	0
Cash	6012	4093	-1919
Total	90376	102337	+11961

I think some reflexion is suitable here. My savings and investment practice started 2011 when I started a ”real job” with a proper steady salary. I just simply kept my standard of living at the same level without adding more consumption.

Since then, about six and a half years have passed, and my portfolio has grown from essentially zero to six figures. During these years I've saved about a 1000 euros per month, altogether around 75 thousand euros. The remaining 25 grand has been generated my being in the market, mostly as capital gains and some as dividends also (about 20k and 5k, respectively). The stats on the previous years look something like this:

year	savings	cum. savings	gains	cum. gains	portfolio value
2010	35	995			1 000
2011	9 936	10 931	-1 017	-1 017	9 919
2012	12 234	23 165	2 508	1 491	24 661
2013	2 424	25 589	2 067	3 558	29 152
2014	12 702	38 291	6 012	9 570	47 866
2015	12 167	50 458	3 786	13 356	63 819
2016	16 128	66 586	9 242	22 598	89 189
2017, until May	8 319	74 905	4 842	27 440	102 350

Year 2013 stands out as a year of less savings but that isn't the real picture as that year I bought my apartment and thus couldn't contribute to my portfolio but did pay approximate 10 thousand as the down payment.

Going forward I hope to be writing more often. BR, Jukka.

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.

Reached 70k!

Wikimedia Commons

I’m excited! Today marks another milestone for me as my portfolio is showing for the first time ever, a number starting with the number 7. 70 161 euros to be exact.

This owes thanks to the recent revival of markets. Performance wise my portfolio has now reached about 0% YTD. Which, let’s be honest, is not good but a lot better than the about -12% I was looking at in mid February. Contributions to the portfolio YTD are around 5k. Here's my time-weighted return (TWR) chart YTD:

The breakdown of my current portfolio is as follows:

Savings account	7101
Passive funds, broad	22325
Passive funds, niches	7089
Actively managed funds	5310
Listed stocks	19286
Unlisted stocks	5250
Fixed income	100
Cash	3700
Total	70161

Now, onto making that first number '8'!