November was a big hit!
My Investment Portfolio made the biggest gain in a single month so far, tons of overdue invoices got finally paid, so my cash-flow is as green as it’s ever been while my overall annual profits for 2020 now officially exceed what I made when I was still full-time employed. The entrepreneur game is paying off – slowly but surely.
All of this puts me in a good position for 2021, where removing dangerous dependencies and further scaling of own-built income streams will be the motto.
This is the last monthly update for the year as the next update will be the 2021 annual recap. I hope you enjoyed reading my monthly entrepreneur updates throughout 2020 and I am looking forward to your continued support in 2021.
Have a good end of the year everyone – and see you in the next one.
November was a big hit!
Oh, November, what have you brought me. Explosive growth. Absolutely killing it. My portfolio literally jumped up in value and surpassed all the benchmarks in the 2020 performance so far.
The catalysts making this gain possible came down to the announcement of a vaccine for covid 19 and the outcome of the 2020 presidential election in the US. Both reduced uncertainty in the market, which consequently led to immersive growth rates for a few industries. I managed to concentrate my portfolio in the months before on exactly those industries, hence now enjoying a wild ride to new highs.
October was a bit of a weird one. My overall profits were way down, although my cash flow was sky-high. I didn’t manage to complete any of my goals, yet remember having a good time. Guess, when you’re in Bali it’s easy to forget your failures and just focus on your wins, the warmth of the sun, the good vibes, beaches, coconuts, parties and pools.
Although, I know that I really have to attack and level up in the last two months of the year. At least if I want to sustain my lifestyle here throughout 2021, which will very likely be much harder than 2020. The Corona Plandemic in 2020 just opened a lot of doors, which otherwise would’ve been shut. So, I’m very grateful for the opportunities presented to me in 2020 yet also mindful that this won’t last forever.
October on paper has been the worst month for my portfolio since the start of the rally in April. Despite it all started really promising earlier in the month and for a short moment I was in the green on the cumulative all-time performance. What followed were a few tough weeks with a few drawdowns. I used those drawdowns to go on a massive spending spree once again to get my overwhelming cash position of over 25% of my overall portfolio back into the market. At least the spending spree was a success, I entered a total of 8 new positions. More than I have done anytime before in a single month. On top I sold one of my oldest holding for a juicy triple digit percentage gain.View Post
September, what have you brought me? First of all some nice holidays for Balinese Galungan. Then the addition of a new family member. Paying off my last debt facility – making me officially debt-free! Some success in my Investing workstream, however, getting beaten in my DSL trading workstream. Market 1: Dan 1. Tritium having a bit of a low season right now as well so will need to see what Q4 will bring into my life. Hopefully lots of young coconuts, lush beaches and a nice success story in my DSL Trading Workstream. Make it happen, Ganesha 😉View Post
September was a busy month in my investment calendar. I was finally able to inject some fresh Cash into my portfolio and consequently went on a little spending spree to get that Cash into the market for some juice returns.
On the performance side, I came out on top against my benchmarks once again. That’s the second time in a row and already the 4th time in the past 6 months. My portfolio really has been on a good run in the last 2 quarters. Now, I’m excited to see what Q4 will bring to the table. Are we going to experience another market crash or a nice rally to finish the year? Whatever it will be, I’m ready. Are you?