Following up our budget is a long standing habit for me. Since I started blogging a few months ago, I also publish the results online. It forces me to analyze the numbers and see where we can do better. As most of our moneyflows are automated, the numbers are somehow predictable.
The January 2016 Saving rate is well above the yearly targets! This is awesome! To be fair, If we want to hit our yearly average saving goal, we actually need some extraordinary months.
This is actually logic: some sources of income are not regular. They come as yearly lump sums and not as monthly income: Tax refund, work bonus, holiday allowance,…
The above average result of this month are the result of our tax refund and part of my work bonus that got paid out.
The amber index is the way to keep track of our net worth. We are in a stadium where market swings can have more impact than money inflow. In a way, this is good, it means we are on the good track.
January 2016 is known as one of the worst starts of the stock market. As a result, the amber index dropped, despite a high inflow of money. We invest for the long term. I try not to look too often to our portfolio, as short term fluctuations can drive you crazy.
All in all, the drop is limited. This is due to the fact that a big part of our assets are capital guaranteed, and another part is a low risk investment portfolio. Our full equity part is still limited in size.
I stick to the plan and invest each month in our target asset allocation.
All in all, January has been a good month. The savings rate went according to plan and the market drop allowed me to pick up some assets below our current average cost.
How was your January?