Wednesday, July 3, 2024

June 2024 update ($937,767 +$21,939 or +2.3%)

↑ Emerging Markets Stock Index Fund is up by $8,501 or +6.2%
↑ US 500 Stock Index Fund is up by $20,474 or +5.3%
↑Growth fund is up by $2,132 or +2.7%
Total gains: $31,107

↓ Eurozone Stock Index Fund is down by $3,156 or -1.8%
↓Global Small Cap is down by $3,091 or -1.9%
↓ EUR to USD is down by 0.9% or $2,921
Total losses: $9,168

Observations:

 Eurozone and EUR are a bit shook up as people rejecting country run by business-controlled president Macron.

I was reading Wall Street Journal column about their ex-editor retirement. Actually, he hasn’t really retired as now posts are all over internet and he still has a column at the journal. He was describing cycling in Japan and enjoying the food there.  They are seemingly bored and don’t know what to do, as the his wife describes: “….Portugal? Been there. Paragliding? Done that. Scuba diving the Great Barrier Reef? Check. Next.

I have another 20+ before “normal” retirement age but I don’t think I will be able to draw a pig pension. Just now my Growth Fund forecasted that on £64 K today my pension would be around $500 a month.  Going by that logic all my portfolio will generate about $5 K a month, another $1K will come from the government.  Nothing luxurious but I will be quite contempt since I am not spending this money now on myself (assuming that the kids are independent and mortgage is paid). This assumes no additional contributions but no withdrawals as well.

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