My 2020 Financial Goals

My 2020 Financial Goals - 

2019 saw my net worth finally start to pick up and accelerate. I have increased my income and I am hoping to do so even further this year but it will take some more work. I am also hoping to get back into the personal finance sphere and become more knowledgeable.

Here's a quick recap of my net worth from January 2019 to January 2020.

  • January 2019 - $451,670.89 HKD ($77,062.48 CAD)
  • January 2020 - $636,305.45 HKD ($105,568.29 CAD)

Increase of 40.9% or $184,634.56 HKD ($38,505.81 CAD)

Recap of my posts from 2019

Goals for 2020:

  1. Increase salary – no hard target but I would be quite happy increasing $5,000 a month.
  2. Increase net worth to $150,000CAD or roughly $900,000HKD. This is actually a very tall order considering my salary but I figure I will aim high for once and hope I can make some wise investments.
  3. Invest in some kind of property, regardless of country. I have been considering purchasing some kind of property back in Canada for investment purposes but I would also consider a purchase in an Asian country if the price and economic outlook/situation in the country were positive.
  4. Begin investing monthly again - whether it be in stocks, mutual funds, or ETF's. I want to get back to that monthly investing routine that kept me engaged.
  5. Make something of this website and continue writing even in the face of poor readership (almost none actually). I am now focused on writing about things that I know well and on passing on any useful knowledge that I have to others.
  6. Related to #5 but I would like to see at least a little income from this website, whether it be through Google Adsense or through affiliate marketing. I know I have to increase the readership first and that the income will come after so I will be focused on making content for a long time. 2020 will be nine years since I started this site and hopefully the first year where I really put the effort in.