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Home > New Investments, 52 Wk Challenge, New Couch

New Investments, 52 Wk Challenge, New Couch

November 23rd, 2021 at 04:26 am

It's been nearly a month since I have blogged but all is fine here.  I am now working 3 days per week at my job, which is really great.  The job is going well and I can now plan to get some clients to fill up the remaining two days; now that I know exactly how much time I have available I can work more strongly towards that.

We got all of our banking stuff sorted and tax returns lodged, so it has been great to have that done and to spend less time on that area.

Financial stuff done today is:

Share Investing

I've kind of always had a little bit of money in shares and started spreadsheeting that properly in 2015.  I realised over the last month that I've had roughly $5500 invested for a couple of years now and the cash in the brokerage account has been steadily growing.  I admit, once money gets deposited there it generally stays there except for in a dire emergency, but thought it might be a good idea to re-balance and invest a bit more.  I worked out if I invested $1000 per year from 2015 and reinvested all of the investment earnings technically I should have $7682 invested.  To re-balance I bought 20 shares in an ETF for the amount of $1928 and 1000 shares in a small healthcare company for the amount of $562.  That now brings me to a balance of $7681 invested (current market value on everything $7972).  This should cover me to December next year before I have to think about adding any additional capital.

52 Week Challenge

I have not been keeping track of this but we had a bit of a surplus in our spending account so I paid 2 weeks of the challenge, that brings us to have now $212 saved towards some new pets.

New Couch

I decided to use part of my tax refund on a new couch for the back room/dining area, costing $1100 for a three seater recliner couch in leather lookalike material which is apparently very easy to clean.  It looks lovely and is very comfortable!

3 Responses to “New Investments, 52 Wk Challenge, New Couch”

  1. mumof2 Says:
    1637713336

    I have always wanted to invest but have no idea how to..so I haven't..

    new couch sounds good glad you were able to pay cash for it

  2. VS_ozgirl Says:
    1638221300

    Sorry for the late reply back Mumof2.. I first got into investing when someone recommended it to me and got a little bit more knowledge through my old job.. it’s not hard to do, you can start with a minimum of $500 and you can earn more than standard interest.. if you want to learn look up share investing articles through Australian sites that are well known like Money or Motley Fool or Barefoot Investor.. done carefully it could boost your house deposit savings!

  3. rob62521 Says:
    1638907024

    Glad you have a new couch and paid for it with cash!

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