Hello my friends!
I just finished sending to Brazilian government my annual tax income. With this data, I can calculate the returns on my assets. Let’s go to this in a nutshell.
I bought some REITs in Brazil, I spent U$ 34,250 in these assets. I think this will give me a return above 10% in 2017 in tax-free dividends, about U$3,420 from January 2017 to January 2018.
My total assets grow up U$ 168,000 (R$ 532.000) in 2016 from returns + new contributions + reinvested dividends. The yield was almost 3%. I think my yield in 2017 will be a little bit more, maybe 4%.
From March 2016 to March 2017 all my portfolio went up +26,8% (in R$ currency).
I need to say, EVEN 2016 was a terrible year to Brazil economy, this year was the year that I gain more money, the year that I invested more money, the year that my portfolio skyrocket. Financially, 2016 was the best year to my life. We can create, work more, study more, hope more, even in a horrible national situation, WE command.
You can see it here (this chart is in U$)
As you can see, 2016 will join in the History. Finally, I see a good return for me.
After received U$7,327 or R$23.300,00 (after taxes) in dividends in 2016 (even my portfolio being a growth portfolio) I don’t give a shit for dividends, the important here is to see the cake growing up.
I told you that I bought 6 financial assets abroad in November and December 2016. All of it performed well too. But is a little bit money on this.
The Brazilian stock exchange performed very well in 2016, I think it was the best in the world in 2016. Real get more strength above American dollar too. All of this contribute to my results.
Knowing that a lot of strangers get here to see my blog, I’m telling you, as investor, that Brazilian Stock Exchange continuous very cheapest, our political scenario is improving a lot, we some excellent companies to invest, we are in the middle of a plenty of new political issues like public retirement reforms, controls of our sovereign debt, cut in interests in our national bonds and other good things to do. Our new president is much better than Dilma. Dilma was a complete disaster. She can’t take the power again.
Starting 2017 with U$ 300,000 invested in financial assets, what can I hope for me?
Well, doing the maths, I’ll work hard to put U$160,000 from my own pocket into my investments this year, plus +10% in returns this will add more U$190,000 into my wealth portfolio, so, in January 2018 I hope that I’ll have U$490,000 fully invested.
Here it’s the amazing point in my life: In 2018, if everything doing well, I’ll gain U$ 49,000 considering dividends + natural growth. This amount of money it’s a little bit larger that my current expenses, so I can talk about that I’ll live for free just in the 2018 year. Amazing!
Because this, 2017 will be a VERY IMPORTANT year in my financial life too. With the total year of 2017 invested, it will be my fifth year investing. I’m investing almost 80% of my current paycheck and living a real frugal life.
I’m asking you to come back here in 12 months to see what happened with my plans and with me.
Each month in my life, I gain a little bit more of peace. It’s an indescribable feeling knowing the money will be a little worry in my future life. I don’t want to be a Matrix slave forever, I want to be the captain of my life.
If I can do it, you can do it too!
Thanks for having me.