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.

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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.

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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.

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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.

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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.

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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.

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