Hello everyone!
I’m back from vacation and ready to continue with my weekly updates.
Since my vacation, I’ve received some dividends, which I reinvested, and I also bought some $BNB (-1,1 %) , $ETH (-0,96 %) , and around 1600 euros worth of $FWRG (-0,55 %) . I earned these 1600 euros through trading. As for new cash, I was only able to add 200 euros to my Revolut account, and I used that to buy $VUSA (+0 %) .
Additionally, I’ve started building a cash position equal to 3-6 months of expenses, as recently, money seems to disappear unexpectedly, and there’s a risk of not having enough when needed. I have a rule not to withdraw money from my investments, so I need a separate account (not my main one) where I’ll keep 5-10k euros just in case. Revolut currently offers 3.5% interest per year, so I plan to keep this reserve there.
During my vacation, I tried to set aside some time to analyze my behavior, read books about capitalism (yes, I'm really interested in it!), and think about additional sources of income. It seems like it would be a good idea to earn extra money outside of my main job by creating content and talking about things that interest me (including finance and investments). I also noticed that my obsession with the goal of reaching 100k in investments, while it feels like the right thing, can sometimes negatively impact my emotional state. So, I’m trying to be less critical of myself for non-optimal behavior (in terms of savings) and to enjoy purchases and travel more (though, to be honest, it’s not going too well yet, haha).
Have a great week, everyone, and see you next time!