Having recently put up the HTSC portfolio, which can be found here, I thought I’d start sharing the progress the HTSC household is making on reaching their net worth target.
Remember only percentage values are being used as it makes no different to you what the HTSC net worth target is.
|Month||Net Worth %|
OK, tables are not the most visually pleasing way to show data so here are a couple of sexy graphs.
As we can see the HTSC net worth was happily heading north until September came along. The drop is due to purchasing a house, something the HTSC clan won’t be doing again any time soon, so there shouldn’t be another dip as large as this in the future.
Some people relish seeing the bigger picture and some people just don’t. Mr HTSC is a ‘wants to see the big picture’ kind of chap, regardless of how depressing it might look. Case in point, the grey line in graph 2 is the HTSC net worth and the yellow line at the top is our goal. To say we’ve got a way to go is a slight understatement but who doesn’t like a challenge eh?
You might be asking, why doesn’t this scare Mr HTSC to death? Well here’s why (yep, another graph)
According to graph 3, we should be hitting our net worth goal around 2043, now this might seem like a long time into the future, and it is. But power is knowing and now we’ve got this big picture, if we think that waiting until 2043 is too far into the future, we alter the plan accordingly. Whether that’s by saving and investing more or generating more income per month.
The data behind the graph can be seen below. You’ll notice the HTSC prediction was to have a net worth of 6% around 2022. So we’re already ahead having achieved that in 2017.
Hopefully, this has been useful and possibly even a prompt to put together a sexy graph or two yourself. I realise that finance can be a dry subject but it really doesn’t have to be, especially when it involves your future.