We invest $1000 every 2 weeks into Denise’s stock market portfolio via Sharesies which is based in New Zealand. We can invest into NZ, Australian or US stocks, index funds or ETF’s but we choose to use this strictly for New Zealand shares.

We started doing this 31 fortnights ago (just over a year) so in theory it should have had a balance of at least $31k however due to market conditions this dropped substantially and we down $4k !

Thankfully all is not lost, and the market is rebounding and after a bit of time the portfolio is sitting at approximately $29800 – so a total loss of only $1.2K !

Given the way this year has gone it “should” be back to break even by the end of the year and we’ll be back to square one however the bonus will then be that the portfolio can actually earn real dividend income on the total balance. We will continue to invest into this portfolio at a rate of $1000 per fortnight ($500 per week) until it reaches $100k total balance.

Check out our YouTube channel (www.youtube.com/ProjectFrugal) for the “Road To 100k” series to see how it continues to perform (or not perform as the case may be!) …

Patience is required. Investing is a marathon and not a sprint! 🙂