Phew, it sure has been a long time since I’ve updated my blog! Thankfully I have a day off work today, so I decided to take advantage of the bad weather to inform you guys on my progress. First up is an overview of my net worth after the first quarter of 2016.
“Well, this is going to be interesting” was the first thought that popped into my head when I sat down to write this article. As you all know, the equities markets have been off to one of the worst starts to the year ever in 2016, so that doesn’t bode too well for the little financial independence portflio I’m trying to put together. And boy, how right I was!
Phew, another month flew by since I last updated my net worth. And once again I feel obliged to say “what a month it’s been”: stocks were all over the place, currencies didn’t know which way to turn, and the commodities market took yet another beating. Let’s find out how this uninfluencable cocktail affected my portfolio.
What a run we’ve been on the past few weeks! Stocks soared after being in the gutter since August. The reason? No one knows! What I do know, however, is the effect the rebounding markets have had on my assets and consequently my net worth. Let’s take a look.
With another month behind us, it’s high time we take a look at the performance of my portfolio of stocks, exchange-traded funds and cash holdings. Their size directly determines my progress towards financial freedom, so it makes sense to keep close tabs on them. After all, a high net worth equals more flexibility and freedom in life.