Jan. was a solid month for The Stoic Investor and a great start to the year. I managed to save 76% of my gross income and added to my portfolio with the purchase of TEF. The TEF purchase was made with funds from December. I’m attempting to build up a cash reserve during the first quarter of 2012 and not make any more investment purchases during that time. The details for this decision will be expounded upon in a future post later this week.
Hope everyone had a great start to the new year as well.
2 thoughts on “January 2012: A look in the rear view mirror”
Great job saving 76% of your gross income! I only saved 30% of my net income this month (which I’m going to post about very soon), but that was including the purchase of a car…which is obviously an unusual purchase.
Hopefully you continue to have a fantastic 2012!
Thanks DM. Mine is not really that impressive due to the favorable pay and expenses realated to my current position. Your rate of 30% AND buying a car is very impressive indeed. I’m thinking you are going to have a big year!