Thursday, 30 April 2015

April 2015 in review

Millionaire by 2020 2019 Plan – April 2015 Update
Millionaire by 2020 2019 Plan – April 2015 Update

Well, the crazy craziness the MoH anticipated for my day job came to fruition in spades in April.  Looking back at my expense tracker, I didn’t have time to spend a cent on non-essential items.  April was my lowest spending month since last July!  

It bears unfortunate similarities to last year when I must have worked every weekend preparing for a big system go-live in my last job.  In my current role, I don’t get paid for public holidays or other leave, but I did get an extra day of overtime after working all those weekends.

Looking back over the month, my super balance rose again slightly, but shares slid again.  My cash balance went up a lot … due to the lack of spending on just about anything, I guess.

All up, the Millionaire by 2020 2019 plan tracker bounced ahead to 41.7% compared to the target of 24.4%.  This was a 1.1% increase from March, just higher than my budgeted growth rate.

As per March, I didn’t spend a cent from my goals bucket.  However, despite not spending on much at all, I still didn’t crack the food savings mini-goal – I wound up spending a grand total of $1.19 less than in March.  It’s the right direction, but not the magnitude I was after!

In May, I seriously need to look into why my shares keep falling.  I’m not sure if I should be selling down or buying more.  I’m getting quite mixed messages from the press.  Some analysts keep saying that this is the top of the market and that a big drop is coming, while others believe that there is still far to go in the bull market.  Food for thought …

I’ll be back with more insights and results in May.

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