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.
Oh boy, have I got a treat for you guys – a double dividend income update! Well, that’s not really a treat when considering you have all been waiting for over a month for October’s numbers. Even though I haven’t been active much in our financial independence community, my passive income in an antithetical way has been. Fresh and free-of-work cash has consistently hit my brokerage accounts like in the past.
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.
It’s my favourite time of the month again! Nothing gets my little financial independence heart beating more than tallying up my income and expenses at the end of the month. That’s because the difference between those two numbers remains the best indicator of how long it will take me to achieve financial freedom. Was I able to improve my savings rate? Let’s find out.
