January 2017 Financial Overview

January 2017 Financial overviewSeems like 2017 has started just now, but January has already passed. As always, this is the time to give an update on my monthly purchases, and generally check where we are on the road to one million.

New Additions to the Portfolio

In January I have made the following purchases:

  • 22 shares of RDSA in order to get a bit closer to fuel my car with dividends
  • 4 shares of PCY (emerging markets bond ETF). This is a mini purchase, but the trading fees won’t hurt me, as in January I still trade free of charge due to changing to a new broker. I initially wanted to purchase more of this ETF in order to align my portfolio more to my desired stock/bond ratio, but then I decided to buy…
  • … 10 shares of Qualcomm (QCOM). The share price fell a lot in a few days, due to the announced dispute with Apple. I believe that irrespective from the outcome (which might take years), Qualcomm is a very solid company with safe dividends. Also it’s current P/E ratio is well below the market average. I think such sudden market reactions provide great purchase opportunities when it comes to stable companies like QCOM

The total new investment value was EUR 1,167 which is somewhat lower comparing to the previous months. This is mainly due to the cost of our spring festival trip to China (including a few days break in Thailand).

Portfolio Fun Facts

Even though the US stock market performed well in January, this has not reflected that much in the EUR value of the portfolio, due to the weakening US dollar during the month.

Most of the stocks had two digit EUR value movements in either way. The biggest winner of the month was Diageo (EUR 480 gain in January), the biggest loser was Target (EUR 356 loss in January).

Faithful readers might notice when checking the portfolio that the amount of Prospect Capital shares has remained unchanged besides of the dividend snowball plan. Although I have confirmed with my broker with whom I have these shares that I will receive stock dividend instead of cash dividend, they have made a mistake and I have received the cash. I will probably move my PSEC shares to my new broker next month.

If you are interested to see the whole portfolio, please check out the updated portfolio page.

Real Estate

We still only have the garage, which worth EUR 13k and generates EUR 70 per month.

At the same time, in line with my 2017 financial plan, I’m actively looking for a possibility to invest in a rental apartment. So far it looks like that getting an investment mortgage in the Netherlands might not be as easy as I initially thought, but of course I won’t give up! I’ll keep you updated on the process.

Cash

The total amount of our emergency fund plus cash sitting on the investment account is EUR 10,137.

The Road to One Million

Finally let’s see where we are on our road to one million.

Road to one million value

A slight gain with an overall value of EUR 70,026. Still a long way to go in order to reach the first milestone of EUR 100,000 but at least I can say that so far we haven’t seen a negative month.

 

How did January end up for you? Did you make some interesting purchases that you’d like to share? Feel free to make your comment below!

 

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Disclaimer: This post or any other information on the site is not intended to be and does not constitute financial advice or any other advice. I am solely sharing my idea, plan and progress on financial independence and early retirement.

 

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17 Comments

  1. The Green Swan February 1, 2017
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  4. Investment Hunting February 2, 2017
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  5. MUSTARD SEED MONEY February 2, 2017
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