Monday, 30 June 2014

June 2014 in review

Millionaire by 2020 Plan – June 2014 Update
Millionaire by 2020 Plan – June 2014 Update

June was another cyclical month for the MoH, with the share market coming back later in the month.  The Millionaire by 2020 plan tracker is now sitting at 21.3% compared to the target of 15.3%.  This is a 1.3% increase over May, which makes up some of the ground I lost last month.

The share market seems to have recovered a bit.  My shares balance has returned to and exceeded April levels, and my super balance is up a fraction.

Cash on hand is down as I prepaid my margin loan interest.  That money is now sitting in the margin loan account.  But it will be offset by my tax refund as soon as I can find the time to prepare my return.