|Assets||$ Amount||$ Diff||% Diff|
|Debts ^||$ Amount||$ Diff||% Diff|
^ doesn't include the ~$675,000 of investment loans
With a large exposure to the stock markets, a return of investor confidence and bullish stock market would provide a major boost to my NW progress. Hopefully 2014 sees a return to stronger global growth and reduced uncertainty and volatility. The trick will be to know when to start reducing my leverage in preparation for the next inevitable correction or bear market. Having seen out the GFC and EFC, I hope I don't have to go through a third 'once in a lifetime' market crisis. But there are still major storm clouds in the horizon in terms of the massive government debt levels present in many developed economies, an aging population increasing welfare costs and reducing productivity growth, and the costs of 'peak oil' and many other finite commodities and tackling global warming (or mitigating the effects thereof).
Subscribe to Enough Wealth. Copyright 2006-2013