Welcome to the latest Project 1000 update! This is where we share the progress of our 1000-day journey to freedom once a month. New readers: If you have not read our plan yet, I recommend you do so now and then come back here. 

I’ll have to keep this update short and snappy. I’m typing this while our little Flamingo has a quick nap, so every second counts! 😉

Overall Goal

We got 1.5% closer to our 1000-day goal in July!

This is a great result considering that the last month was very quiet for us investment-wise. Apart from a small amount of cash savings and Mr. Flamingo’s employer Super contributions nothing was added to our nest egg in July.

Now let’s have a look at the individual buckets that make up our total goal:

Our Flamingo FI nest egg grew from 66.9% to 68.9% of its target size in July. Hopefully, we’ll pass the 70% mark next month!

Flamingo FI

Employer shares: up a few per cent in July
Super: also up a little bit
IP: no change
Cash: we now have a decent chunk of cash sitting in the offset account waiting to be invested

This is what our current asset allocation looks like:

 

Thanks for reading! See you back here for next month’s update!