marc-transparentAwesome, spring has arrived! It’s April Fools day and once again time for portfolio update. Exciting stuff right? To be honest, it was rather uneventful, which is not a bad thing. There were no major ups or downs and my company stock is a slight 1,5% up compared to last month. But up is up and with my current holdings it means I can pocket a fair amount of cash anyway. That’s the wrong way to phrase it of course as I don’t pocket anything nor are we talking about cash here.  It’s all unrealized capital gain.

portfolio_update_comic2

Yeah that’s a good question. But let’s not waste our time and dive right into the numbers for March shall we?

March 2019

Income

The income/gain looks like this:

income_march_2019

Company shares

March represented the third consecutive month with a (positive) capital gain for my company shares. This means 2019 is off to a flying start. One thing to keep in mind though is that this is on top of last year’s substantial downturn. My company stock is still recovering compared to its all time high, which was reached in September 2018. This all time high appears to behave like a resistance level. Nevertheless, the outlook is moderately positive so I hope the price can break through it and reach new highs. Time will tell.

As you can see the chart below, the gain this month is not as significant as the gains in January and February, but as long as it is positive I am happy. It’s close to a total gain of $40K now.

income_companyshares_monthly_march_2019

Below the total investment, total asset value, total capital gain and capital gain/loss in a quarter on quarter chart. The expansion in the first quarter of 2019 is significant. Not only did I invest quite a substantial amount, the recovery of the company stock pushed things even higher.

income_companyshares_quarterly_march_2019

As far as investments is concerned, no new company shares were bought this month (the next purchase of ESPP shares is first due in June this year). However, as each month around $1.5K of my net salary is set aside I now have $4.5K that will be used towards the new investment in June.

Crowdlending

My Mintos investments live their own life. I haven’t invested more funds in this asset for a number of months now, but the return keeps accumulating (and is automatically re-invested using Mintos’ auto-invest feature).

I had great plans with investments in crowdlending, but I find myself in a situation where I am not able to allocate more funds than the ones I have earmarked towards the purchase of my company stock. I could do a couple of things: a) Re-allocate funds, b) leave it like it is and invest in crowdlending whenever I have some additional funds, c) abandon the crowdlending strategy altogether.

I go for option b). There is not doubt in my mind that I want crowdlending to occupy a decent corner of my portfolio. Eventually. Now, whether I do that by investing additional funds or simply re-invest some of my company stock asset, needs to be seen.

So bear with me. Not much action on the crowdlending side for now.

But I’ll keep reporting and as you can see in the chart below this asset has generated an income of around $80.

income_mintos_monthly_march_2019

Portfolio

portfolio_march_2019

Net worth

My net worth is slightly higher compared to February.

networth_march_2019

 

Mortgage-free home $300K
Company shares $93,804.48
Crowdlending $2,085.92
Liabilities $30K
Net worth $365.890,40

That’s an increase of $1.394,87 (0.38%) compared to February 2019.

Blog

I wrote a few posts, but not as many as I want. Most important is that I keep writing and share my thoughts on a variety of topics. Why? Because I love it!

And it is quality before quantity.

For me it is not about expanding as much as I can or monetizing the blog. It’s simply a way to track my journey toward FIRE and have a channel through which I can express my thoughts and engage with fellow personal finance bloggers.

Other activities

I am not posting like a madman, but does it mean I just lie on my couch and watch Netflix? Absolutely not! See the evidence below.

20190312_171931

It’s a representation of my company stock and crowdlending assets, in a quarter on quarter physical chart.

Work in progress. Stay tuned 😉

Plans for April

My plans for March:

  • Keep the ESPP program running
  • Invest some additional funds in crowdlending. I may fail once again, but I keep it on the list
  • I have two weeks off around Easter. Excellent opportunity to catch up on my reading and writing!
  • Start swimming. I signed up for some mini triathlon event here in town. With colleagues. I’ll do the swimming part and better get in shape for that.

That’s all for this time!

12 thoughts on “Portfolio Update: March 2019

  1. Agree, quality before quantity. I think your posts are great, love your writing and I would say that at some point you will end up writing a sci fi or fantasy book, am I wrong?

    That chart representation looks promising, looking forward to seeing it, so I can copy you, hehe 😉

    Liked by 1 person

    1. Thanks a lot Tony! I am glad you like my writing. I’d love to write a book one day, but maybe I’ll wait until I reach FIRE 😉
      You like my physical chart? My thinking is this: I love leaning back and looking at my charts every now and then, but I don’t really want to boot my laptop, fire up Excel and just stare at the charts each time. A physical chart on a bookshelf however is an awesome reminder of my journey.

      Like

        1. Hey Nick! I custom designed the parts…I am still in the prototype phase to see what works best. What I want is some sort of “system” that allows creating Excel-like charts. If sufficient PF bloggers like the idea I will maybe “mass produce”. Who doesn’t want to have their journey to FIRE as a piece of art on the shelf? 😉

          Liked by 1 person

          1. I would definitely, after I recover from the loss though, hehe. What do you use for designing? Are you 3D printing the bits for the first-off? Suddenly I’ve got so many questions but it’s fine if you don’t want to give more details for now, i understand.

            Liked by 1 person

            1. Oh yes the Algotechs disaster. What a blow. But I’m glad to see you’re hanging in there Tony!
              Regarding the chart project, it’s not 3D printing, but laser cutting. Honestly, if I can make something that looks good and allows for making tangible charts I will definitely share more details here on the blog. You might ask ‘why not use Lego’? I’m living in Lego country after all 😉 But first and foremost I want something that looks good on my shelf. Something that is nice to look at and maybe triggers questions from people. It will never be as accurate as a real Excel chart of course, just an approximation. But a reminder of my journey nonetheless 🙂

              Liked by 1 person

  2. It’s great to see that your portfolio is moving to the right direction and you are putting aside big amounts each month!
    I love the installation you made on your shelf as well – it looks awesome! I will be looking forward for updates on that front.
    Oh, and good luck on your triathlon! I am doing triathlons for ~4-5 years now and my season will start at the end of April. I love this sport!
    BI

    Liked by 1 person

    1. Thanks BrokeInvestor! And sorry for the late response.

      Yeah I have a lot of fun with the physical chart thingie. It’s something tangible to remind me of my journey to FIRE 🙂
      And good luck with your triathlon season! When is your first one?

      Like

      1. Hey there! No worries, I was myself late with my comment 🙂
        My first race was last week and it was a sprint-distance triathlon. I am waiting for my next one at the end of May (it will be Olympic-distance).

        Liked by 1 person

  3. Have you considered diversifying away from your company with some of your investments? For me I’d be concerned having so much of my wealth tied up in my company and want more diversification

    Liked by 1 person

    1. That’s a valid point. Indeed, I have a lot of money tied up in the company I work for. Some have called this my ‘single point of failure’. If my company goes bankrupt I would lose my job AND my shares.
      I can look at it from multiple perspectives: A) the risk that stock will be worth less in the future and B) the risk that I will start losing money. While A) is not unthinkable, B) is less likely in the shorter term. The reason I say this is that my current capital gain stands at nearly 80%. Even in the event of a crash, I’d not be losing my investment (or only very little). The more relevant question is therefore: Should I take some of that capital gain and diversify across different assets (and I think this is what your question is about)?
      I will absolutely do this. As I get closer to FIRE I will adopt a more defensive approach and make sure I reduce my risks. I haven’t quite decided on my approach, but I think I will start doing this in the next 1-2 years. Slowly move money away from my company stock 🙂

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