Sunday, 31 August 2014

August 2014 in review

Millionaire by 2020 Plan – August 2014 Update
Millionaire by 2020 Plan – August 2014 Update
 August was an above-average month for the MoH, with all of my investment categories rebounding a bit from the slump over the past couple of months. 

Super and shares were up, due to the sharemarket rebound.  The IPOs I’ve bought into over the last two months are starting to see some growth.  And cash inched up again.

As a result, the Millionaire by 2020 plan tracker is now sitting at 23.3% compared to the target of 17.0%.  This equates to a 1.3% increase over July, which should recover some of the more average returns over the past few months.