Journey To Million – Additional Paid-in Capital for February 2016
It’s a bit of a challenge, but I was able to commit P60K this time. The total paid-in capital is now P210K.
Repayment of the fund that was used by my sibling last year will be paid back starting the second quarter of 2016. This repayment will fill up the fourth quarter where I was not able to commit any paid-in capital.
So far, the portfolio is down 5%. It would not matter much as this is of long-term investment. It would actually give me a chance to purchase more units at a lower price.
Looking forward to hitting the first year target of P250K. Only P40K more to go for the second quarter of 2016.