I thought I’d share a little update for anyone who is interested. It has now been just over two years since I got back to investing with the help of Sharesies. I set myself a goal of having $10,000 invested by the time I turn 65. I will be 61 in August and my portfolio has just hit $20,000. My minimalist caravan lifestyle has made a huge difference and has allowed me to save and invest more money over the past two years, than I ever could have in the past. My total return (capital gain plus dividends) for the past two years was $4450 or 26.27% per annum. My portfolio is small - one ETF, five NZ companies and one unlisted company. As I have said before, I totally understand and appreciate that my progress to date means very little in terms of future progress, but I am very happy and more than a little chuffed with what I’ve achieved in two years. It is a really good feeling to be actively doing something with the money I earn, rather than simply watching it lose value sitting in bank accounts, which is what I did before.
Thank you to everyone who has helped me both in the forums and behind the scenes. You have taught me so much, and helped me gain the confidence to make decisions and stand by them. As much as aspects of this place make me crazy at times, I couldn’t have achieved what I have, without the knowledge, guidance and support many ST members have given me.
Looking forward to seeing what the next two years brings
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