Goals

Part of the objective of this blog is to force myself to create more structure in my investing, to learn and hopefully help someone else in the process. In order to achieve this I decided to set myself some goals for whatever is left of 2021 and hopefully this will turn into a habit and go beyond 2021 :).

The goals are divided in two categories Finance and Health&Fitness. Here we go!

 

Goals 2022

Financial goals

• Read 2 Finance/Investing related books.
• I find these books very hard to read, and don't want to set any unrealistic goals here again. This number DOES NOT include me finishing "The deficit Myth" that I'm currently reading.
  
• Finish 2022 with at least 3 months where my passive income covers 6% or more of my expenses. 
• I honestly think I won't be able to get this one nailed, 50% increase in the number of months and 20% increase in the coverage expected.
  
• Write at least 5 blog entries analyzing different companies.
• This is I believe a low bar goal, but I'll be using it as incentive :P.
  

Health&Fitness goals

•  Hike at least 100 km.
• I'll keep this one as it is since I think it is a meaningful one.
• Get under 80KG by the end of the year.
• Read at least 4 books (non finance related).

 Monthly objectives

• Walk at least 60 km.
  
• 2 hours of focused investment/finance dedication.
• Fix something.
• Workout at least 3 times a week, 2 of them being aerobic (not less than 30 minutes a session).
  

Goals 2021

More details here.

Financial goals (Met 1 out of 4)

1. Read at least 4 investing books. NOT MET
   
• If this doesn't help me to become a better investor, I don't know what will xD.
  
2. Finish 2021 having at least 2 months where my passive income covered 5% or more of my average expenses. NOT MET
   
• During 2020 the highest coverage was 1.82% in December :(, however in March 2021 I reached 2.69% so I'm on track.
  
3. Reduce the number of companies in my portfolio to 27 or less. NOT MET
   
• I currently (April 2021) hold 34 different companies which is a bit unreasonable to track to be honest.
  
4. Balance out the portfolio a bit more, targeting a 30% of European based companies. MET
• I currently have 22.7% of European companies.

 Health&Fitness goals (Met 0 out of 5)

1. Hike at least 100 km. NOT MET
   
• This doesn't count walks in the park or when I go shopping, actual hikes.
2. Be able to hold a handstand for at least 10 seconds. NOT MET
   
• Without the wall and most importantly without breaking my neck!
3. Read at least 3 books. NOT MET
   
• Whatever you (I) want. 
4. Be able to play and sing "Black hole sun" by Chris Cornell with the acoustic guitar. NOT MET
   
• I just love the song, so why not? 
5. Finish the year below 80kg of weight. NOT MET
   

Besides these goals I want to have some monthly objectives that should in a way help me stay on track to achieve the goals above.

Monthly objectives

• Analyze in depth at least 1 of the companies in my portfolio. Come up with a fair value and assign one of the following states:
• Grow. Stocks that I want to keep buying.
• Hold. Stocks that are safe to keep .
  
• Drop. Stocks that I would like to let go.
• Walk at least 40 60 km. 
• Fix/change something.  
• There's a tone of broken things around, so pick one and fix it!

I'll write monthly updates tracking the health of my passive income and any updates on my P2P and dividends portfolio.