2021 Q1 Personal and Financial Update

Hi RIP readers,

Welcome to 2021 Q1 Personal, Professional, and Financial update for RIP family.

This update is a special one: I’ve conducted the financial part Live on my YouTube Channel (in English Language) on March 31st!

It’s 2h40 long, more or less the time it takes to read a post on my blog anyway πŸ˜€

I will not repeat myself in full in this Financial Update. I will link the video (hopefully the right timestamp), and add screenshot and extra considerations when necessary.

Do not mind, we’ll end up above 5k words anyway πŸ˜‰

Let’s get started.

Enjoy!

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2020 Q4 Financial Update Part 3: Personal and Blog update

Hi Ripsters,

WordPress reminds me that this is post number 200 on the blog! Wo-ooh, let’s party! What a better way to celebrate than writing about personal and blog updates of last quarter?

I know that Q4 2020 seems a geological era ago, I know that we’re closer to the end of Q1 2021 (which means another update will come in a month or so), and that a lot has changed in last two months, at least in my intentions. But let’s do it anyway, I’m sure you’ll find it interesting.

Let’s get started πŸ™‚

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2020 Q4 Financial Update Part 2-TER: Investor’s Anxiety and Stocks vs Bonds with Julianek

Hi RIP readers, this is Part 2-TER of my 2020 Q4Β Update.

I’ve published 3 posts so far in this infinite 2020 Q4 review:
– Part 1 is about income, expenses, net worth and a few financial facts.
– Part 2 is about my 2020 investment analysis, and my 2021 investing plans.
– Part 2-BIS is a long Q&A about Part 2, since I received a few dozens comments and personal messages.

Part 2-TER (this post) is my public reply to a personal email that my dear friend Julianek (Value Investor, moderator of MP Forum, member of my Zurich Mastermind Group) sent to me again about Part 2, about my market analysis and investment strategy.

It’s so good that I asked him permission to make it public, and he gently agreed πŸ™‚

This is last post about my investing strategy (for now), promised! I appreciate your amazing feedback, and all the homework you assigned to me πŸ™‚ but I want to move on.Β 

As reader MrWHDY said in my last post:
– “Money should have been a tool for you to reach freedom and it is now taking over your brain. How much energy has it already drained?”

[Amazing comment. Another cold shower. I’ll take time to craft a proper reply. Thank you MrWHDY]

On the same subject, I think I’m no more able to keep up with all of your comments on my previous posts. I read them all, but I might not be able to write a proper answer to each one of them. It’s becoming a full time job on its own.

Next post will finally be Part 3, about personal and blog updates, with new projects, ideas, plans and bla bla bla πŸ™‚

Let’s get started!

What follows is Julianek email, verbatim, and then my public response.

Enjoy!

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2020 Q4 Financial Update Part 2-BIS: Q&A on Part 2

Hi RIP readers, this is Part 2-BIS of 2020 Q4 Update (here is Part 1, here is Part 2).

Last Friday I’ve published Part 2 of 2020 Q4 update, which is still missing a Part 3 about personal and blog updates, hopefully seeing the light before the end of January.

Part 2 covered my 2020 investment actions and performance, and more importantly my 2021 investing plans.

I’ve published this very long post on Friday afternoon, before a busy weekend with no time to catch up with comments and personal messages. I’ve received a lot of them. I thank you all!

I’m writing this post as a collective answer to the (mostly constructive) criticism, to your questions, and a feedback on your recommendations.

Two things before we start:
– Thank you for your feedback. I really appreciate you spending your time to leave me a feedback.
– Please, comment my posts using English Language. The language of the blog is English (RIP slang πŸ˜€ ). If you can read it, please make the effort to write your comments in English. I accept (I prefer, actually) Italian language for mail or private messages on Social Media (Twitter, Facebook, Reddit), but I prefer English comments on my blog posts. Some of the comments in Italian language are very good, and they add a lot to the conversation. Using a language only 1% of he world population can handle isn’t inclusive enough for my standards.

Having said that, let’s get started!

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2020 Q4 Financial Update Part 2: Investments Analysis, Actions, and Plans

Hi RIP readers, this is Part 2 of 2020 Q4 Update (here is Part 1).

Today I’m going to expand the “Investments – Analysis, Actions, and Plans” section left empty in my previous post. I’m going to share my beliefs, my fears, my decision making process, and will commit to some actions in order to get back into a “sane” asset allocation as soon as possible.

I’m kind of rewriting my Investor Policy Statement today.

Mind that this post is very long (8k+ words), and superficially edited.Β 

It’s not just a stream of consciousness, because there’s some deep ETF research, thought process, behavioral analysis, rational decision making, and more.Β 

I started writing this post without an outline (I never do), and without knowing what the conclusions would have been. I used this post to clarify my thoughts, and that’s what writing does for me.

I don’t write because I have something to tell, I write because I have something to learn. And as a side effect I’m sharpening my thinking skills. Writing is amazing!

Enjoy!

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2020 Q4 Financial Update Part 1: Financials

Hi RIP readers,

Welcome to the hardest-to-write quarterly financial (and personal) update so far.

It’s not been a great quarter from almost any point of view. But that’s what public accountability is for: to take responsibility and walk the shame walk anyway, with your shoulder straight.

It’s also the end-of-year update. 2019 review ended up being 16k words long, a kind of a small book.

I’ll do my best to keep 2020 Q4 review manageable.

…Nope, I’m at 7k words and more or less halfway thru my update!

I decided to split it in 3 parts. This is part 1, about the financial aspects. Part 2 will be a deep dive on my investments, and part 3 is personal and blog update.

Let’s get started.

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2020 Q3 Financial Update

Hi RIP readers,

Welcome to our latest Quarterly Financial (and Personal) Update!

It seems centuries have passed since my previous quarterly financial update. I had to re-read it to get a sense of “where I was” three months ago.

I’ll first analyze our finances – as always – then few aspects of my personal life.

I’m sure you’re now better equipped to follow the financial aspects of our quarterly updates, right? What? Didn’t you seethe 5 posts (so far) series I published on my spreadsheets? Very bad…

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Quick 2020 Q2 Financial Update

Hi RIP readers, Here’s a quick 2020 Q2 (April, May, June) Financial Update. I plan to keep it “short”. April has been covered in a previous confused post, so this is essentially a May-June 2020 update. I think you should know by now, but let me repeat: I keep my

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Coronavirus April Journal 2020 Day Update 73 – Mashup Edition

Hi RIP readers, It’s May 2nd 2020 as I start writing this post, which is: A Coronavirus Journal, Day 76. Btw, I started counting the days since Market top (Feb 19th 2020), so it’s not strictly Covid related, but more “financial impact of the Covid”-related A (quick) April 2020 Financial

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2020 Q1 Update – The End of the World

Hi dear readers, Most of the “personal updates” for Q1 2020 have been published during last three months, so this update is mostly a financial one. [UPDATE: Nope, it isn’t… it’s still a 7k words post πŸ˜€ ] What happened in Q1 2020? Well, maybe the right question to ask

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