A couple of weeks ago, my stocks portfolio reached €20k mark for the first time. After some market fluctuation, it went down a bit but then it returned above the threshold again. I decided to celebrate this moment by writing a short post about it.
My stocks portfolio stands at ~€20300 as I am writing this:
Of course, it only needs to drop ~1.5% to get below the €20k mark again but I will keep adding to the portfolio to minimize this risk 🙂
Let’s see how much time it took to get there:
- December 2015 – €2245;
- December 2016 – €3995;
- At the end of 2017 my stock portfolio stood at €4174;
- At the end of 2018 it was up to €9567;
- Currently, it is worth €20305.
It’s great to see that portfolio size doubled in size compared to the end of last year. It’s getting some momentum for sure. What’s even better is that I only added €6300 of new funds this year so far. The rest of the gains was the effect of stock price appreciation and reinvested dividends.
I don’t expect the growth to stay this strong going forward, though. The economy is slowing down and I got lucky with some of my positions that appreciated in price a lot this year. Anyway, capital gains is not the main target of my portfolio. It’s all about dividends and cash flow.
If I compare my portfolio to other investors, €20k does not sound too much but we are all at different situations. It is a significant milestone to me and I am happy to reach it this year already. Next stop – €30k!
Thanks for reading!