Saturday, 31 January 2015

January 2015 in review

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

To the MoH, January in Sydney means hot sticky days, followed by hot sticky nights, interspersed with a few glasses of strawberry and lime cider (thank you Aldi) and a dip in the saltwater pool.  That’s on the weekends, of course, for those of us who took their holidays in October and November and are working through the summer holiday period!  At least the traffic is quieter in January, and the office buildings are air-conditioned.

I took the opportunity this month to take a hard look at my financial circumstances and reforecast each investment category based on my current earning status.  The good news is that my forecasting ability is so conservative, I well exceeded last year’s “aggressive” forecast.  So, barring economic catastrophe, I’m fairly confident that with a few sacrifices in the goals bucket, I could reach millionaire status by the end of 2018.  I don’t want to overpromise, though, so I will keep my conservative hat on, and commit to 2019.  So the Millionaire by 2020 plan is now officially the Millionaire by 2020 2019 plan!