January 13, 2018
A shorter and simpler post today. You’re probably still exhausted after last week’s monster dividend investing post!
Today, I’ll share my goals for 2018. And other stuff that’s not a goal as such, but something I want to focus on, or get better at.
While 2017 was a great year, I think I want 2018 to be more productive! Because while I enjoy the chilled-out vibe of early retirement, I still want to accomplish things and make the most of my fortunate position.
I’ve found that when I do very little, it tends to get me down and makes me lazy. But when I make plans, stick to them and actually get things done, I’m much, much happier!
So let’s go through what I’m focusing on in 2018…
To my surprise, this blog is gaining some traction. I have roughly 100 email subscribers and page views of around 250-300 per day, and climbing!
While it is pretty small compared to many blogs out there, I’m thrilled!
To be honest, I fully expected to be talking to myself for the first 12 months or so! Before I started, the info I found suggested that building an audience is often a very slow process.
Writing and growing this blog is something I want to become better at. So I’ll be spending time each day working on my notes, doing some research on how to improve my writing skills and this blog as a whole.
Also, I want to focus on sharing more quality information with my readers. Basically, the stuff that’s helped me, will in turn, hopefully help you achieve your financial independence goals!
Thank you all for reading and I hope to provide some new perspectives and insights during 2018!
While we’ve hit our financial independence goal, we still have a lot to do.
As we’re slowly selling-down our properties and moving those savings into shares to create cashflow, we are continually investing.
We’re still equity rich, cashflow poor. But it’s steadily improving with each monthly purchase.
Our goal here, is to stick to our plan of monthly investing into dividend-focused LICs, regardless of what the market is doing. We simply don’t know the future. So investing every month, no matter what, seems the most sensible option for us.
And an important point to make: we’re staying true to our strategy, no matter how many people become Bitcoin Billionaires!
Also, I need to keep better track of our dividend statements. I got kind of sloppy last year and just waited until tax-time to find them all. As we’re notified by email now, I’ll be saving them for future reference.
Since investing is such a passion (obsession) for me, I love reading about it too. When the company reports/announcements come out, I get as excited as a teenager with 200 likes for their selfie on social media!
But I also tend to read too many investment articles, also known as financial porn.
Put another way, it’s like a sugar-fix for investing nerds. And while it makes us feel good in the short term, it often provides little long-term value.
Instead, I plan to read more books which tend to be filled with timeless knowledge. And much less articles, which tend to be filled with opinions, based on current news or future events.
The exception here is financial independence blogs, which we all know can be life-changing and immensely valuable 😉
To be honest, nothing changes a hell of a lot in the finance space. Quite often, old-fashioned principles of strong money habits and simple investing is all you need to learn.
Usually, we’re pretty good with this.
Each day, we’ll go for a morning and evening walk with our beloved dog. Every couple of days we’ll also lift weights with our home-gym setup.
And now since we’ve moved to the new place, we also go for nice bike-rides through the parklands, or around the lake.
So we just need to keep up this focus, which shouldn’t be too hard, since we have the time and surroundings for it.
But I also want to help out Mrs StrongMoney in the garden more. She’s been busy planting lots of veggies and herbs, maintaining our small fruit trees and tending to the flowers.
She does a great job. But I don’t want to miss out on the fun. And I already spend enough time indoors as it is. So to get outside and help in the garden is a good way for me (or anyone) to get more physical activity.
The plan is to be more appreciative of the good things in life. Actually, just life in general. I don’t think this can ever be overdone. And most of us (including me) tend to do a poor job of practising it.
This year, I’ll focus on how damn good things are, living in an awesome country, in the most prosperous time in human history.
If we put things in perspective, we haven’t got much to complain about!
It’s easy to forget and hard to follow. But all we can do is try.
To me, there’s nothing more irritating than spoiled and wealthy westerners, whinging about some unimportant shit, while ignoring the standards of living for other people globally, or historically.
As I hinted at before, my goal is to read a lot more books this year!
I’ve started making a point of picking up a book first thing in the morning, and late in the afternoon. By building this habit, soon I won’t even have to think about it – it’ll just be part of my day!
So far, I’m half-way through 2 books – which isn’t bad for a couple of weeks into the year.
The wisest and most successful people in the world are dedicated readers. They accumulate knowledge upon knowledge, growing on itself like compound interest.
Now, you’d be right in suggesting that these goals aren’t all that specific or measurable. I’ve kinda done that on purpose. I’m more focused on building an enjoyable lifestyle at the moment, which is still priority focused.
And it cuts us some slack too, after years of hardcore saving and little free time.
So really, it’s about getting stuff done while maximising enjoyment. And by not putting concrete numbers or measurements on these goals, it takes away the anxiety and often stressful nature of big targets.
Overall, this year is going to be about focusing on my priorities and being more disciplined.
Maybe discipline sounds like a strange focus for a retiree. But I want my days to be more structured, more productive and avoid too many time-wasting activities.
Discipline is also a key part of building financial strength and a great life.
Often, our lives turn out much better by us doing the stuff we know we should do, as opposed to just the stuff we feel like doing.
After settling in to retired life in 2017, I’m ready to kick it up a notch (just a little) to get some shit done over the next 12 months!
Here’s to the year ahead, and I hope it’s a fruitful and enjoyable one for you!
What’s your goals for this year? What are you focused on improving? Share with me in the comments 🙂