The first quarter of 2020 was a thrill ride. Especially March turned out to be crazy. When you compare it to Q4, all my investments took a nosedive. From an all-time high for my personal portfolio to a new low.
Well, this was an interesting month for obvious reasons. The Coronavirus took a hold of the world this month after it caused a lockdown in China. It’s not exaggerated to say the coronavirus has the world in its grip. The upside to this for me personally is that it means I barely made any expenses besides groceries. I did make one large purchase after receiving a tax deduction on my apartment.
Something interesting happened about a week ago. As you might have read –on my twitter feed or on the blog– I signed the deed of the mortgage and apartment. As a result I’m official the owner the apartment and the land the building is build on; Partially when it comes to the land. What I hadn’t mentioned was that I got a 16,575 EUR tax deduction!
Recently the Belgian bank NewB got its banking license. This makes them the first bank focusing mainly on ethical investing and banking. What started as an idea in the aftermath of the financial crisis to change banking forever, much as the crisis did, is now a bank with a license.
This February update is finally a lighter one. The start is the end of my trip to my fiancee’s home country. After this, things have remained relatively calm beside the occasional date night. We saw “Little Women” for example. Unfortunately, my Savings Rate still isn’t above 50%.
2020 is now well underway and with the Coronavirus swooping across the globe infecting hundreds, the market is selling off all of the gains it made this year, and then some. The majority of stocks have gone quite a bit lower. However, thanks to their defensive nature, REITs were able to remain relatively steady.
I’ve been struggling with getting extra income for years. Initially, I expected my investments to cover my expenses, but this turned out to be a lot more difficult than expected, at least in the short term. So what did I do? A Flexi-job!
The last quarter of 2019 continued where Q3 stopped, on a high note. The amazing experiences continued and the market kept performing stellar and kept making new highs.