2020 – The year in review!

Posted bySchmitt Trading LtdPosted inBlog Posts

Just found a very inspiring financial blog…

Financial Independence Ireland

2020 – The year in review!

In this post, I will take a look back at 2020, starting with at all of the usual financial metrics, and moving on to a general commentary on the year that was, and my thoughts for the future as we enter what is hopefully the end stage of the war against this pandemic and begin to look forward to what life might look like in the future.

Market Value of Investments + 29%

Here, I refer to my investments in various pension plans. Each of these plans came about as a result of a job which I have held at some stage. I have a pension plan with my current employer, to which I have been contributing the maximum allowable tax-free amount based on my age and job-based income since 2017. I also have 3 other “pension pots” which I accumulated through previous jobs…

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