dull numbers journal

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Bankai
Posts: 538
Joined: Fri Jul 25, 2014 5:28 am

Re: dull numbers journal

Post by Bankai » Wed Aug 07, 2019 4:53 pm

@Stahlmann - You know English and presumably German. If you want to emigrate and get insta 2-4x pay rise, what's stopping you to do it immediately?

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Mon Aug 19, 2019 4:07 pm

I have to write this. This is kind of a disaster. 14 of 16 stock sessions with a drop in prices. It pushed me back ~ 6 months, about 25,000 PLN or 6,5% of my total assets or 9,2 % of my stock assets. Main polish stock index dropped 10,2 % (from 2,350 pkt to 2,100 pkt). Am I stupid no to sell it before. Is value investing still suitable that times?

bigato
Posts: 2117
Joined: Sat Mar 05, 2011 12:43 pm

Re: dull numbers journal

Post by bigato » Mon Aug 19, 2019 4:17 pm

A 10% drop is so far from a disaster. Actually, 6.5% overall is very normal stuff. But if you can't stomach, maybe you should plan a more defensive portfolio? In your place, I'd reallocate by buying more over time with job money instead of selling.

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Tue Aug 20, 2019 11:58 am

33% of portfolio in 10-year government bonds ( 3% interest), 65% in stocks (big companies from local market) , 2% in cash and I dont want neither sell nor buy anything.

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Fri Sep 06, 2019 1:00 pm

End of August numbers:

Cashable assets : 138,900
Stock assets : 236,276
NW : 178,581 (!!!!!!)
1 m DECREASE : 21,566 (+6800 savings, -28,366 losses)
12 m increase : 25,637

Saving ratio : 68,1%, 1/12 of my 12 months increase = 2136
Stock market terrible results, :(
but I've got a second pay rise this year. This year cumulative pay rise is 12%. :)

wolf
Posts: 896
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: dull numbers journal

Post by wolf » Fri Sep 06, 2019 1:07 pm

Congrats to the pay rise!

"losses" from selling or value reduction of stock assets?

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sun Sep 08, 2019 11:40 am

@wolf, value reduction of stock assets.

wolf
Posts: 896
Joined: Fri Jan 06, 2017 5:09 pm
Location: Germany

Re: dull numbers journal

Post by wolf » Sun Sep 08, 2019 12:47 pm

oh! 😯 what happened?

2Birds1Stone
Posts: 719
Joined: Thu Nov 19, 2015 11:20 am

Re: dull numbers journal

Post by 2Birds1Stone » Sun Sep 08, 2019 1:20 pm

The polish stock market has been going down down down =D

fiby41
Posts: 971
Joined: Tue Jan 13, 2015 8:09 am

Re: dull numbers journal

Post by fiby41 » Sun Sep 08, 2019 11:44 pm

10cents wrote:
Mon Aug 19, 2019 4:07 pm
It pushed me back ~ 6 months, about 25,000 PLN or 6,5% of my total assets or 9,2 % of my stock assets.
I'm 2 months or 6.78% down.

finity
Posts: 48
Joined: Wed Oct 11, 2017 4:11 pm

Re: dull numbers journal

Post by finity » Wed Sep 11, 2019 12:12 pm

10cents wrote:
Sun Sep 08, 2019 11:40 am
@wolf, value reduction of stock assets.
Are you strongly invested in the polish stock market? Have you thought about diversifying? I kept most of my assets in Euro Stoxx 600 for a long time because I thought the Euro would get much stronger again. I lost out on a lot of world-market gains in that time.

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Thu Sep 12, 2019 11:08 am

@finity, I only limited myselftopolish stock market. I have some IKE/IKZE stock account to invest tax-free. I don't have any deeper knowledge about tax-free founds available in Poland.

2Birds1Stone
Posts: 719
Joined: Thu Nov 19, 2015 11:20 am

Re: dull numbers journal

Post by 2Birds1Stone » Thu Sep 12, 2019 1:28 pm

Can you invest in US etfs/funds and other emerging market and international funds?

10cents
Posts: 45
Joined: Fri Sep 15, 2017 12:42 pm
Location: Poland

Re: dull numbers journal

Post by 10cents » Sun Sep 15, 2019 12:50 am

2Birds1Stone wrote:
Thu Sep 12, 2019 1:28 pm
Can you invest in US etfs/funds and other emerging market and international funds?
Yes and no. It is possible to invest in founds you mentioned about. But not every broker offer it, most brokers offer very limited spectrum of found, sometimes with high (2% - 3%) commission and sometimes as taxable account. Private pensions schemas are not so common in PL, "pioneer life is hard". Massive pension savings are also 'new' for me. 5 years ago i didn't think about it. Everything started 3-4 years ago with MMM blog at the same time as my salary went 60% up with job change.

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