Istanbul stock exchange tanked very recently due to a major scandal involving many members of the Government so, my Retirement Account took a big hit.
I have exceeded my goals in all other categories so, all in all this was a good year.
Here is a summary:
Cash: +19% (but I spent quiet a bit for my home renovation project)
Retirement Fund: -4%
Stocks: +11% (was a lot better few weeks ago)
Gold: 0% (met the goal)
Dollar Account: +12% (dollar appreciated against TL significantly this year)
In 2014, besides funding my retirement account religiously, I will be carefully saving TL and Dollars only. I have enough exposure to Stock exhange via my retirement account and my Stock Account.
It looks like this may be a tight year so, I do not know if I will be able to take my dream vacation. My intended date is still almost a year away. We shall see.
Now, I need to sit down to make my 2014 budget.
Yikes! sorry to hear about your retirement account. I really should learn more about stocks. Happy almost 2014.
ReplyDeleteThanks Jolie. I still have 9 years for it to recover. So, I am not panicking and selling anything. Staying put seems like a good strategy.
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