February 2016 - Monthly report

My Overview

Total portfolio: £8057 (+96)
Debt:- £558 (-52)
Net Worth: £7499 (+148)

Investments UK: £2131 (+272)
Investments overseas : £1739 (+75)
Cash: £835 (+32)
Pension: £3352 (+201)

Total Income: £1358
Passive income: £13  (0.95%)

Not much passive income due to the shares situation and some investments in REIT that will start to pay about 2 months from now. Overall the result is positive, the market is slowly recovering. I did not worked to much, due to two short holidays (one in Dublin, one to see my parents in Romania) and 2 days off-sick, as you can see in my total income. Anyway, my investments are increasing in value, hopefully March will be more indulgent with me. I finished with my time off, and i expect to work on my recovery in the next two months. My next step will be to increase my overseas investments (32% ROI on up to 800 pounds invested per year) until the share market will come back to some kind of  normality.

Why millennials to not have a chance to be happy, when they will get old?

It started with this article and mainly this phrase:

"Today’s 25-year-old need to save the equivalent of £800 a month over the next 40 years to retire at 65 with an income of £30,000 a year, according to Rebecca Taylor, director at the Chartered Institute for Securities and Investments."

And then the hell break loose, as you can see it on this link.

What i can say? I do not know if first i will be sad or i will wonder if the total lack of financial education is an intentional purpose. Something like this should be learned in school, in the same time with native language an maths. This is my opinion!