FIRE 2018 July (Engilsh Version)
1. The Hamster Wheel
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picture from summer vacation |
All July is summer time in Finland. Yes, summer vacation in Finland 4 weeks. In the summer it is nice to drink my favorite summer drink Gin & Tonic.
1.1 Net Savings percentage from my earnings
- 2017: 50.72%
- 2018: 34.55% (this years goal is 60%)
- 2017: 50.72%
- 2018: 34.55% (this years goal is 60%)
1.2 FIRE
The savings rate is almost 35% and we are well on the way to 60% savings on net income for 2018.
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FIRE (Financial Independence Retire Early) situation 2023 - 2v (of work insurance) = 2021
june
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2. Investments
2.1 Investments
2.2 Investment Diary
Sales:
- No sales
Purchasing:
- JD.com
- Another purchase JD.COM. Price has droped during the month 10%. As my analysis of the time has not changed, so we continue to buy.
- 27.6.2018 Purchase Comments: JD.COM is the second China stock on watch list that I have bought. JD.com is an online store which reminds me of Amazon.com, while Alibaba reminds me more of EBAY and fill by Amazon's side of Amazon. At the same time, JD.com brings my portfolio to the Chinese consumer market. Earlier in the portfolio MercadoLibre, also called the South American Amazone and biggest asset Amazon deals with the rest of the world.
- JD.Com (+/-)
- + Strong and profitable position and together with the highest ascending middle class consumer.
- + Owners / partners are WallMart, Tencent, and Google
- + 2015 income 28B and result -1.4B. 2017 income 56B and result -1.8m. The 2018 result will be positive
- + Possibility to buy now the odds for the PE 317 rate (lol)
- - The amount od debt has increased
- - Chinese government
- - Alibaba a lot bigger
Dr Sebu Feelgood
- No sales
- JD.com
- Another purchase JD.COM. Price has droped during the month 10%. As my analysis of the time has not changed, so we continue to buy.
- 27.6.2018 Purchase Comments: JD.COM is the second China stock on watch list that I have bought. JD.com is an online store which reminds me of Amazon.com, while Alibaba reminds me more of EBAY and fill by Amazon's side of Amazon. At the same time, JD.com brings my portfolio to the Chinese consumer market. Earlier in the portfolio MercadoLibre, also called the South American Amazone and biggest asset Amazon deals with the rest of the world.
- JD.Com (+/-)
- + Strong and profitable position and together with the highest ascending middle class consumer.
- + Owners / partners are WallMart, Tencent, and Google
- + 2015 income 28B and result -1.4B. 2017 income 56B and result -1.8m. The 2018 result will be positive
- + Possibility to buy now the odds for the PE 317 rate (lol)
- - The amount od debt has increased
- - Chinese government
- - Alibaba a lot bigger
Dr Sebu Feelgood
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