Goodbye 2017 and Hello 2018!!!
Was 2017 a successful year for you? If it wasn’t, how do you intend to make 2018 a better year? I definitely did not do a lot of the things that I said I would, but I intend to make 2018 the best year yet. But first, let’s see what I actually DID do in 2017.
The Year 2017: The Memory Lane
1. Blogging – One fateful night, I was browsing the internet and found an article about this young Canadian couple that started investing in index funds and less than 10 years later, were able to quit their jobs and travel the world. It got me thinking…if they can do it, why not me?
From their website, I started to read some of the books they recommended (although they’re outdated and don’t really apply much to us now), but I did get some general ideas from it. I don’t know how I got from that point to starting a blog, but I did. Then I abandoned my poor blog for over 6 months.
2. Investment – I started investing in Vanguard and even played around with day trading. Many hours spent googling later, I also began to invest my health saving account (HSA) that had been sitting idly for more than 5 years now.
Day trading: $10k
Grand total: $18k (not bad if I must say so myself)
The year ended pretty good, but 3 months prior to making that $10k with day trading, I was actually $7k in red. I would not recommend day trading as a form of investment.
3. Travel – my winter trip to Asia didn’t materialize. I kept waiting for other people and to align our schedules and before I knew it, the year was over and I didn’t really go anywhere.
4. Diet and exercise – Many failed attempts to eat healthier and exericse more.
My plans for 2018
Pick up where I left of with my blog. It was really hard to take that first step again. I didn’t even know where to begin. I even forgot my username and password. While it is a lot of work, I actually find it almost therapeutic for me to sit here and type.
I thought I was doing good with investments because I was contributing to my 401k as soon as I started my first professional job. Growing up, that was all I knew. I always thought other kinds of investments were left to the professionals. I didn’t think lil’ old me could dream so big.
All I have ever wanted was to have enough to be comfortable. I never thought that I could ever be a millionaire one day. Sure, I joke about winning the lottery and stuff, but I never really thought about how I can make it into a reality. Until of course I read about the young Canadian couple that started out investing 30k their first year and became a millionaire and quit their jobs in less than 10 years. Why can’t that be me?
My original goal for 2018 was to make $30k from investments, but then I thought to myself…why not set a higher goal to see if I can reach it. Sometimes you just gotta shoot for the stars hoping to land on the moon.
This is a big goal of mine for this year. The reason why I didn’t travel in 2017 like I wanted to because I kept waiting on other people. I kept waiting to figure out their schedules. Day after day, week after week and before I knew it – the year was over.
I am taking a different approach this year – I will plan the trip solo and people can join me if they want to. I have enough PTO rolling over that I can do 2-3 international trips this year. For June, I will be going Vietnam and Thailand and possibly Burma with my family. I am so excited and cannot wait for it. Once I get back from my summer trip, I will plan for my December trip. I am still trying to figure out where I would want to go for December.
This is just a personal goal of mine. It has nothing to do with my current career, but it’s something that I want to accomplish. I will write more about it once it’s accomplished.
How to Prevent 2018 from turning into another 2017
Most of us get excited when the new year rolls around. We tell ourselves the things we would accomplish and then we don’t stick to them. Almost expected, we just fall off the wagon. Some of us get up and try again, most just stay down. I could sit here and make an endless list of the things I didn’t accomplish, but let’s not focus on that. Let’s focus on how to accomplish the goals and not falling off the wagon. Let’s focus on how to make this the best year yet.
1. Set realistic and specific goals
Blogging – I want to do at least 1 post a week.
Travel – The reason why nothing happened in 2017 because I said I wanted to travel, but I did nothing to make it happen. This year, I know I want to have at least 2 international trips with one in the summer and one in December.
Exercise – I will do 30 minutes a day 5 days a week and join more hiking groups. If I am unable to make it happen, then I will get a gym membership starting second quarter. Gotta call in the reinforcement.
2. Have a deadline
It is important to have a deadline for any project, whether it is big or small. When I don’t set a deadline, I feel like I have forever to do it.
3. Set short-term goals
In addition to the big yearly goal of investment and traveling. My monthly goal is to do something or go somewhere new every month. I don’t live too far from Los Angeles and there is no shortage of fun things to do around here. My weekly goal is to work on one blog post a week. And of course the daily goal is to exercise.
4. Make plans to complete the goals
I am a homebody. I enjoy staying home weekends and it doesn’t bother me at all, but I feel like my life is passing me by and I haven’t done anything. To change that, I’ve been associating myself with people that can’t seem to stay home and I’ve been out exploring the city. It makes me feel really alive to go outside and just get some vitamin D.
The main goal for this year is just to do what you’ve always wanted to do but somehow always found excuses not to. Don’t forget to smile and have fun.
Do you have any exciting plans for this year? What are you doing to make them a reality?