Saturday, 28 February 2015

February 2015 in review

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

February came back from the January doldrums with a roar.  The share market rebounded, and demonstrating the positive power of gearing, the equity in the MoH’s share portfolio grew by more than 20% in one month!  My super balance also grew, aided by a final (quite late …) payment from my previous employer.  And my cash balance grew solidly, as I didn’t have any major bills and didn’t have time to spend much money due to bricks-and-mortar commitments!

The good news was a bit too good to believe, so I’ve actually squirrelled away some additional cash into the goals bucket.  If the share market goes pear shaped again, I can redirect it back to savings.  And if things continue to go well, then I can have an extra well-earned holiday!