October 2017 Cheesy Index
Thanks to the great savings rate of October, the Cheesy Index continued its march upwards. We even blasted past the 2017 target and landed on 66.7%! That absolutely amazing and I had to check all excel sheets to make sure that there was no error somewhere. A 1.7% increase in just a month? How is that possible?
It was a perfect storm, high savings/investment incomes, massive stock market change and favourable exchange rate. Everything aligned nicely for this month. Question remains, could we continue in November?
Here are the stats:
November 2017 Cheesy Index
Yes, also in November were able to hold on to the already high Cheesy Index even increase it further. Same as in October, also the November savings rate was great! Include some great dividends and real estate income and you have a winner 🙂
Here are the stats:
Cheesy Index Forecast
So, now what? We have moved a lot of our available funds into an RE venture with some other investors. This means that our investment exposure to stocks has somewhat reduced (currently having a tiny exposure to ETF’s and still a sizable dividend portfolio).
Because of this switch we had to end all options contracts that were still open, which hurt, a lot! Simply did not have sufficient margin available to keep them, it was not an decision that was taken lightly. Time will tell if this was a good move. We have started a small position in crypto currencies and we completed our first sustainable investment.
What does this mean for the Cheesy Index? It should continue to increase “slowly” in the next year (2018), without major changes due to stock market changes (up or down) or dropping savings rate (due to unpaid leave and a 2 month European road trip). With a 10 year bull market, we want to be in good position to convert our available cash-flow into ETF’s/Dividend shares when the next correction roles around, whether that be 2018 or 2019 or later.
What to expect for the end of 2017? We anticipate to hit somewhere around the 69.0% mark. It all depends on the stock market (as per usual) and the timing of real estate income (considering January 1 is a Monday, most funds will likely come in on the first week of 2018).
How were the developments in your net worth or “index” for November? How are you shaping up for the year? Also trending towards a record?