Today is the last day of the month of April and this day April 30 is a very special day. Why? Because it is simply my BIRTHDAY! I just turned 26! Quite old enough huh?
Anyway, since this is also the end of the month, I would like to follow up the developments with my financial goals as this blog is about to witness all my success in the career and financial side. I thank God for all the blessings He’s been giving me. Thank You Lord for another year of my life.
Careerwise, I was looking forward in this company. I’ve been looking forward to shifting careers long time ago. And fate has been moving towards me. I was really looking for a chance for me to shine in my career and I hope that this is it. Rest assured, I’ll do my best in every chance that fate has been giving me.
Portfoliowise, I made a pie chart with regards to the allocation of my portfolio. It represents how I diversified my “nest eggs”.
Regular Savings. Regular savings keeps on depreciating as I use this account to pay credit card bills online. With its convenience, I can pay my credit card bills with just a click of a mouse!
Special Savings. Special Savings increased by 3.1%. I continuously save a large chunk of my salary for my future. As the famous Francisco Colayco says, savings are the most important expense because it buys your own future! So I constantly use the equation INCOME – SAVINGS = EXPENSES, paying myself first. All you need is discipline.
Stocks. Stocks are slowly rising. I just don’t know the effect of the recent global pandemic Swine Flu which affected most part of Mexico, Canada, and some parts of US. When I view some of the disclosures of the stocks I currently hold, I was surprised that both Metrobank (MBT) and Philex Mining (PX) both declared dividends with MBT giving a cash dividend of P0.60 per share payable on May 18 and PX with 25% stock dividend, payment date to be announced. It is just a small amount but it is still a passive income. Overall, stocks investments are still 31% down from my original acquisition prices.
UITFs/ Mutual Funds. As many of you knew, all my UITFs and Mutual Funds are all invested in equity funds. And that means, they are all invested in stocks by their respective fund managers. Based on the fund reports that I’m receiving, these fund managers are all reducing their exposure in stocks as stocks nowadays are too volatile. Overall, UITFs and Mutual Funds are still 28% down from my original acquisition prices.
Overall, April 2009 Networth increased by 5%.