December 2017 Update + 2018 perspectives

Posted on Categories Budget, ETF, Investment, Monthly
December 2017 Update - Really good month Logo

Happy new year to you all!

Now that we started 2018, it is time for the last monthly update of 2017. After a rather poor November 2017, December 2017 is significantly better.

December 2017

December 2017 was quite good in terms of saving. The savings rate for this month is 34.67%. There was a lot of expenses with all the insurances and parking arriving at the end of the year, but I also got half of my 13th salary this month, which obviously helped.

In terms of spending, I have been able to keep it very low. I have been three weeks in the army, so I haven’t been going out a lot and haven’t needed a lot of food since I’ve been fed for free (at least one advantage to the army). I bought a few gifts and new gaming headset for my computer, nothing really fancy.

Here is an overview of my spending:

  1. Insurances: 255.00 CHF – average
  2. Transportation: 1373.60 CHF – well above average (insurances and parking)
  3. Communications: 186.80 CHF – average
  4. Personal: 503.76 CHF – below average
  5. Food: 162.65 CHF – well below average
  6. Apartment: 1783.05 CHF – well above average (power and caution)
  7. Taxes: 705.45 CHF – average

As for my earnings, I’ve received a few gifts for Christmas (200 CHF) and the first dividend from my portfolio (50 CHF).

Portfolio

I’ve almost finished moving my portfolio to DEGIRO. Still one fund to sell from PostFinance, that I’ll sell when it gets back to earning.

Here is what I settled on for my portfolio:

  • 55% World Stocks – Vanguard Total World
  • 10% Swiss Medium Stocks – UBS SMIM
  • 10%  Europe Stocks – Ishares Europe
  • 10% High Dividend – Vanguard High Dividend Int.
  • 5% Tech – Vanguard Information Technology
  • 5% Pacific – Vanguard FTSE Pacific
  • 2.5% Bitcoin – XBT ETN
  • 2.5% Ethereum – XBT ETN

I’m pretty satisfied of this portfolio except for the crypto-currency part. I’ve been investing in crypto-currencies for only one month and I already don’t like it. The volatility is way too high. Once they are back to earning, I’m going to sell both and transfer to an European bond ETF, probably from Ishares.

In total, my net worth is now 54’279.49 CHF.

2018 Perspectives

Starting from February, I’ll be finally be paid at 100% (from 85% now) since I’ve finished my Ph.D. This will make a nice increase in revenue. Moreover, this year, my company will increase very slightly the salary, so that’s also a nice bonus as well. In August, I’ll very likely change my job, but nothing is final now, so more on that later. In any case, I’ll have a better salary from August. My current expenses should not increase in 2018, but there will be some big expenses in 2018, we’ll see how bad it turns.

As for January, it should be good, just a few gifts to buy. I expect a good saving rate, but I’m often wrong about that, so we’ll see about that.

What about you ? How was your December ?

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