November Freedom Fund Update: Progress is Not Always Visible

Mr. Enchumbao

I work for a large investment management company helping people save for traditional retirement. During my spare time, I help others save for financial independence and early retirement by writing for Enchumbao. My journey to FI began in 2012. I was in a lot of debt back then, but I turned things around and became debt free a few years later. My wife and I reached financial independence in 2017 and are preparing to retire by 2020.

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2 Responses

  1. Those are some awesome figures! congrats on the great progress. Your progress isn’t going to jump off the paper (or spreadsheet) every month. That’s just not how it works in the investing world. Some months the market soars and you don’t invest. Some months prices tank and you see your market value decrease. If you want a true picture on your progress, I think you have to expand your lookback period. Compare your current progress to the same period last year. You will then see how much you were able to accomplish over and extended period of time, one that includes both months of progress and setbacks.

    Thanks for the summary!


    • Hi Bert –
      Looking back to compare our current progress to our past progress it’s a great tip. It’s definitely what keeps up investing on a regular basis regardless of what the market is doing. The only thing that I do is check our asset allocation to see where we should invest new money. Is our REITs allocation low? Then maybe it’s time to buy some more. Did the stocks gain too much causing our bonds to be lower? Than maybe we should buy more bonds.

      Thanks for dropping by!

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