Feb 2019 Net Worth Update - $80k Milestone

Feb 1, 2019

Hello, I'm still here.

My first post was on Sep 19, 2011 and so we passed the 7th anniversary last year. I say "we" in spite of the fact that I write here to myself and really it's hard to say that I even contribute much to the enterprise anymore other than rigidly recording my monthly totals. Possibly til the day I die I will perform this routine which supposedly steers me towards a better future outcome. Online I have spent more time arguing for democracy than anything finance related but life is often interconnected and money can seem a distant matter.

In regards to my numbers, it's been slow and steady, though I'd like to think I've finally started to pick up the pace a little bit these days. My income has increased while my effective tax rate has plunged to pitiful lows thanks to Hong Kong's over-reliance on land sales to fund their government. My personal savings rate is high as I live a basic life and don't spend like a typical foreigner in Hong Kong. Let's be honest, my salary is also nowhere close to that of a typical foreigner so that may not be much of a conscious choice on my part. My largest expense is travel and I've taken so many trips, long and short, that they've begun to blend together in my mind.

Feb 1, 2019

$487,744.03 HKD +6.04%

($81,719.70 CAD) +7.99%

1 CAD = 5.9685 HKD @ 01/02/2019