2014-11-30

Asset Target Adjustments

I have a quaint little formula for guiding my asset accumulation, in financial terms.

Starting with the first month that I was employed after college, I set a base target for monthly increase in assets. Every month thereafter, I increased the monthly base by a fixed percentage of the previous month. The base was RM500, and the monthly increase was 1% of the previous month.

Almost 113 months later, the monthly growth target is RM1539 (I haven't checked the calculations). I'm making enough to consider jiggling the two input factors, a bit.

Making it 2% and RM500, on the same unchecked calculator, would brings us to monthly savings target of something in the range of RM4686. Hmm. Undecided, but reasonable.

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