|Nov. 30. I am in the middle of a full-blown earnings crisis. The last four months have been savage. The door has been slammed shut in my face and just is not budging. Things were pretty dismal at the end of October and I resolved to do everything I could to turn it around in November. Well, I did everything I could think of and November turned out to be the worst earning month since November 2013. I had to plunder my Bond Fund in order to survive. Over the past four months I've had a net drawdown on Savings and Investments in the sum of USD8,000. in order to bridge the gap between Income and Expenses. This, obviously, is unsustainable and unacceptable. What do I do, though? Right now, in this moment, I feel utterly defeated and am giving in to despair. AND DECEMBER LOOMS.
On the investment front, the JSE rally continued in early November, then cooled off. I took more trading gains, then hit the pause button. It's a cat-and-mouse game now.
I have surpassed my Passive Income target of $15k for the year and am now at $16,826.63 with more Dividends expected in December. I should get beyond $18k for the year. On the other hand my S&I rate has now shrunk to 42.45% of Net Income, and I will struggle to hit the minimum target of 40% for the year.
THE STRUGGLE CONTINUES.|