July 1, 2018

Portfolio update, June 2018

After a few months of waiting I finally received an income tax return from the previous country, topped up VIAC slightly and bought more gold, as it falling. I found out that currency hedging of gold does not make a lot of sense to me, so this time I went with iShares Gold Trust ETF.

Also I reclassified some private investments to bonds instead of equity, as it actually convertible obligations, not shares.

Created with Snapbonds36%cash43%equity17%metal4%

The first half of year looks pretty good and definitely much better than the start:

My personal finance goal for this year.

June 1, 2018

Portfolio update, May 2018

Suprisingly, I have reached my goal for this year, 100 000 CHF of net worth. The number is not yet final as I expect some expenses soon, but I hope, I won’t reduce it much.

In May I’ve got the first vesting event of my employer’s equity compensation scheme and topped up a bit an account at Viac.

Created with Snapbonds35%cash41%equity20%metal3%

Read more

April 30, 2018

Portfolio update, April 2018

Not many changes this month: I’ve added again 1000 CHF to VIAC and have bought additional gold ETF.

Created with Snapbonds44%cash28%equity23%metal4%

April 1, 2018

Portfolio update, March 2018

This time I decided to re-classify some instruments to make the pie chart more simple. I have not found yet a list of instruments my pillar2 pension invested into, but I could assume they should be pretty conservative, so I could consider them as “bonds” in that case. I still do have a large percentage in cash and it is because of small numbers, I consider this cash as “safety-net” and I don’t think it should be less than three months of living expenses, so it is going to look like a huge chunk of my net worth for some time.

Created with Snapbonds43%cash31%equity22%metal3%

Read more

February 28, 2018

Portfolio update, February 2018

Thanks to MustachianPost’s forum, last week I learned that Swiss Government bonds officially have a negative yield, so I decided to sell it with 4.35% loss over almost a year. At my scale, this kind of loss is not a big deal and I think I understand a meaning of negative yield bonds, but just hope for the best.

When I bought an ETF containing these bonds I was thinking of it like of “diversification strategy”, but never actually checked what’s going on there. Now I really feel that I need to define a target distribution of my portfolio, maintain discipline and do a little bit more research before buying any ETF.

Shame on me.

Created with Snapbonds41%cash34%equity23%metal2%

Read more

February 1, 2018

Portfolio update, January 2018

This month two things happened: I bought Vanguard’s Global Bond Index ETF and I received an update on some of my “risky” investments — SnappCar got a new investment round and share price was updated.

Created with Snapbonds12%cash35%equity14%metal2%pension37%

Read more

January 2, 2018

Goal for 2018

It is hard to start something from scratch and plain goals like “go from 0 to 100” or “save XX thousands” do not really work for me, as they don’t take into account stocks/ETFs price changes, I decided to cheat and set the goal for this year as total 100 000 CHF of net worth, and basically I’m starting with 40% of this goal reached.

My personal finance goal for this year.

So far I'm doing better than expected, but it's been just one month.

Read more

January 1, 2018

The Goal

I have never set a goal, especially for many years ahead. This is going to be the first attempt. As I am not getting any younger, I started to feel the need for planning and for some sense of purpose. I thought I need a goal: Average Swiss person’s net worth is about 500 000 CHF, so let it be my goal.

My ultimate and realistic finance goal, I will try to reach it by 2024

The graph makes not a lot of sense right now, as it has only two data points. It will be much more interesting by the end of this year.

Read more

RSS

Powered by Hugo, Kiss and Snap.svg.