2019 Financial Retrospective

And the beginning of the year we made a list with what goals we would like to check for the next 12 months (for easy tracking: 2019 Financial Goals), as a proof of concept and a way to motivate us to stay on track. Not, in the last day of the year, it’s time to count the profit!

green plant in clear glass cup
Source: Unsplah, Photo by Micheile Henderson

Financial Goals Check

This is the list we made in January (I will use another bullet under it for explanations):

  • P2P: We would like to deposit 1120USD and make a profit of 60USD.
    • This goal is checked completely. We deposited the missing difference until we had an account of 1000EUR/1120USD at that time. In terms of profit, we realized around 103USD way above our target of 60.
  • FOREX: a 1K account, we are short around 500USD (if we look at the portfolio status)
    • We finished with an account value of 1294USD and this is another goal marked completed
  • State Bonds: a 250USD contribution
    • No contribution to this asset. Unfortunately, we never found enough investment money for this. This goal is not complete
  • ETFs/Stocks: the 1000USD contribution and 80USD profit
    • Neither ETFs nor Stocks for us. We had the intention and started reading and understanding more about investments in these assets,  but as my main focus was on FOREX, this goal is not even started.
  • Mortgage: 1 month of mortgage
    • We didn’t pay the mortgage, but we managed to save the money for 1 extra month. I will say this goal is half completed.
  • Economy Fund: a 2000USD deposit
    • We are also a little shy with this goal, finishing with 1674USD in the account. In this case, I will say the goal is not completed

So, from the 6 goals we proposed, 2 are completed, one is half completed and 3 not. I agree that we didn’t keep in track, but it was very nice to have some objectives that guide our investments. We will continue proposing some goals for next year.

Portfolio Development 2019

I think, that after all this is the proof of concept of the goals setting process. Let’s see how our portfolio was at the end of December 2018 and what we gained and lost during the year.

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December 2018 – Asset Distribution
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December 2018 – Risk Distribution
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December 2019 – Asset Distribution
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December 2019 – Risk Distribution

As we can see, the distribution of the assets are pretty much the same, with small increases or decreases. Also, the risk distribution looks the same with a small modification to Low Risk and Medium Risk. Now, let’s see the total growth of our portfolio.

AssetDec 2018DepositEnd PeriodGainGain %Increase %
Mutual Funds521.03567.241131.7143.449%118%
Asset Increase: Asset, Deposits, Realized Profit, Increase versus December 2018
AssetDec 2018DepositEnd PeriodIncrease %
Economy Fund686.98986.991673.97144%
Emergency Fund580.65102.52683.1718%
Asset Increase: Asset, Deposits, Realized Profit, Increase versus December 2018

As we can see, investments grew up with 120% percent, so a double of our portfolio. The cash funds are also seeing a 86% increase.

The biggest losses were registered in FOREX category, with a total loss of -420.81USD. Another surprise is P2P asset that brought us a total of 239.32 USD. To be frank with you, I am as surprised as you. I did the math correctly and even verified it twice, the gain from P2P should be around 100EUR and converted to USD. Also, for FOREX, the loss (I monthly register) is around 260USD.

But here is the trick. When I do the monthly updates, I convert everything to RON first, then back to USD. Now if we look at how EUR and USD varied during the year, we would probably find the difference considering that I modified all articles with the USD yearly price of 2019.

As a conclusion, I can say that I am very happy with the evolution of 2019, I would like to see even a better evolution in 2020 and invest in new assets.

See you later, with the first post of 2020, our Financial Goals.

Thank you for reading this!

Disclaimer: I am not a financial consultant, all the information you find here are my decisions, I taken in that moment, on my own analysis. I am open to any type of discussion about money. If you want to replicate my portfolio take into consideration that it is your money.

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