Today, I have reached my first hundred thousand networth. This is of course excluding my retirement fund EPF which I have no control over.
My stock portfolio grew to RM90,890 and I have another RM10,900 in my futures trading account. I’ve invested a total of RM97,000. I have reinvested all my dividends. My investment portfolio value of RM101,790 represents a gain of 4.9% since November 2008 when I first started investing in stocks.
It took me about 3 years for me to reach where I am today. I can still remember the times when I had to tighten my belt to pay off my credit card debt. Then I had set my goals to achieve a networth of RM100,000 by 2010. I have achieved this goal in August 2009, four months before 2010. I have achieved a significant milestone in my life.
Words cannot describe how I feel. It’s a mix of feelings, happiness, relief, some sadness, and lots of hope. I feel happy because I’m on track towards my goal. I feel relief that some expectations I have put on myself have been lifted. I feel some sadness, when I reminisce about my past 3 years and the sacrifices I had to make. But it’s all worth it. My hope is overflowing because I have proven to myself that my goals are achievable. And my dreams are one step closer to becoming reality.
People say the first hundred thousand is the hardest. The next hundred thousand is much easier. And so will the many hundreds of thousands to come. And I can feel it in my bones that I can achieve the next hundred thousand before end of 2010, even if my take-home-pay plus bonuses for the next 17 months is only RM90,000. Still, I have no doubt that I can achieve my goal. My burning desire and the conviction to achieve my goal will guide and show me new opportunities to financial freedom.
I look forward to my next one hundred thousand.