Project 1000: February 2020 – 359 Days to Freedom

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. 

Flamingo FI

January was another solid month for us. Our Flamingo FI nest egg grew from 74.7% to 78.3% of its target size! I can really see how our nest egg is picking up speed now that we have a decent amount of investments. The markets have been good to us lately, and now that we are a double income houshold again we are able to add to our portofolio regularly. At this rate it looks like we might reach Flamingo FI by the end of this year! 

Shares: Last month we bought a parcel of VEU. The market ticked along nicely in January and our employer shares did quite well too. Overall, our share portfolio went us a couple of percentage points, no complaints here.

Investment Property: The estimated market price of our IP went up a a little more in January. I don’t take these estimates too seriously though. There are not a lot of sales of comparable properties in the area, so assessing any changes monthly doesn’t make a lot of sense. Once we reach Flamingo FI I’ll start updating the IP numbers quarterly, but we’ll keep doing what we are doing now until then.

Cash: We added our regular monthly cash savings amount in January, most of which went towards our VEU purchase.

Asset Allocation

This is what our current asset allocation looks like:

And here is our current split between assets inside and outside Super:

 

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

 

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