Well, I lied. I didn’t get around to writing or publishing those posts on why the news is bullshit and why I’m a terrible personal finance blogger. Maybe in 2015? Oh, and my plans have changed on where I’m heading in the new year with projects: it looks like email WON’T be how I go about things. What’s with all the flip flopping? I’ve been psychoanalysing myself and it’s actually quite fascinating what’s transpired throughout my thought process on where I am heading. Let me indulge you with my thoughts. Then, I’ll walk you through 2014 for Kapitalust.
So I suffered 2 very debilitating – albeit short lived – crises to wrap up 2014. First, I got obsessed with taking the LSAT and going to law school… even though I have absolutely-positively no desire to practise law. Then, I suffered a brief blimp of career turmoil, obsessively applying for all sorts of random jobs – the highlight of which was a cover letter I wrote for a job with alumni relations at my alma mater in which I opened with the line “Whenever I see an email from SFU Alumni asking me for money, I roll my eyes and instantly hit delete.” As I never heard back for an interview, I can safely assume the cover letter went over very well.
It was interesting that these crises flared up as a big goal of mine – paying off $54,000 in student loans – came to an end. Even though I have an even bigger financial goal I want to achieve in the next decade, my leading hypothesis is that as one big goal came to an end, an inefficiency in transitioning from goal-to-goal occurred, opening a temporary void which questioned the deepest, most fundamental aspects of my life: what am I doing? where am I heading? why am I doing?
Anyways, I think I got over it because now I am firmly prepared for building the next big project I want to achieve. A big part of the absence from writing was due to this internal crisis I was suffering. Also because it was the holidays and I was having much more fun with family and friends.
So that about explains the last month or so. Let’s dive into the year in review.
What were some of the highlights of 2014? I’ll run you through a list of personal and blog-related highlights.
1) Student Loans Eliminated
Student loans were fully paid off in 2014. I’m not going to lie, it’s an amazing feeling having zero debt. You can read about it in full details in this post where I outlined how $54,000 was paid down in under 3 years.
2) $100,000 Net Worth Surpassed
We surpassed the $100K mark in December 2014. Being a rather private person in general, I’m not sure I want to outline our net worth going forward. Perhaps I’ll just give the number without going into details. We’ll see.
Interesting note about the net worth figure. We both have pension plans through our employers and I have always calculated just our contributions into the pension plan in the asset column, even though the true lump sum value – if we were to take it into a LIRA today – is a much, much higher monetary figure. This situation reminds me of accounting quirks in GAAP accounting rules which can distort true asset values in company balance sheets – Berkshire Hathaway and their float is an example.
3) World Record #2
We can officially say we are 2 time world record holders in the Guinness Book of World Records – in the most absurd world records ever conceived. In 2013, we went to WDS in Portland and participated in the world record shattering “The Longest Floating Human Chain“.
We went to WDS again this year and broke the world record for “The World’s Longest Yoga Chain“. Not only were these 2 events tremendously enjoyable, we can forever put on our business cards “2 Time World Record Holders”.
4) Best Month of the Year
October 2014 was the best month, stats wise, for the blog. That month saw 22,731 page views, 4,240 unique page views, and 2,752 unique visitors.
October blew every other month out of the water, nothing came close. I should go back and do a deep case study on what made that month so successful.
5) Top Content
To little surprise, the blogger investing styles mega-post was the most popular post of the year, garnering 5,659 page view, 1,606 unique page views, with an average time on page of 45 seconds.
Outstanding Financial Pornography was the second most popular post with 3,564 page views, 1,103 unique page views, and an average time on page of 29 seconds.
Rounding out third spot was the post on finishing off student loan debt, gathering 2,271 page views, 1,436 unique page views, and an average time on page of 2 minutes.
These were the top content as shown by the statistics, but were they my favourites? My favourite articles of the year included:
- While involving some advanced math formulas, the collaboration post on market history and market efficiency (in my definition of efficiency, not the academic definition of EMH) was an intellectually fascinating study.
- I quite enjoyed thinking of my 5 favourite authors and how they have influenced my life.
- The case study on the spectacular failure of GT Advanced Technologies was both interesting and horrifying.
Kapitalust saw 69,154 page views, visited by 9,664 unique visitors, logging in 15,883 unique page views.
Over 50% of the readers are in the age category 25-34 and over 70% are male.
Readers come primarily from the United States and Canada. Brazil, surprisingly, is third, followed by the UK.
Chrome was by far the preferred web browser, followed by Safari and Firefox. Safari had the longest average session duration at 3:26, meaning Apple users read the blog 1 minute more on average than others.
Desktop computers made up 69% of all unique page views, with smartphones capturing 20% and tablets 11%. The iPhone and iPad made up 64% of all smartphone and tablet access to the blog. Hmmm, perhaps I should write more content related to all things Apple?
Most of you are “avid investors”, “news junkies”, “avid readers of business and economic news”, “technophiles”, “movie lovers”, “tv lovers”, “travel buffs”, and “home decor enthusiasts”.
I’d love to know more detailed statistics like average household income and education levels – maybe with more detailed data in the 2015 year in review.
2014 is a Wrap
And that was 2014 in a nutshell. What do I forecast for 2015? Now that the student loans are gone and we have shifted entirely into wealth creation mode, I predict a lot of the posts will centre around investing. I think you will see a heavy emphasis on value investing, portfolio construction, and case studies into major companies.
Another big reason I did not write very frequently in December was because I was heavily wrapped up in all things investing/portfolio/companies/financial statements/etc. As I start building the foundations of our investment portfolio, be on the lookout for much, much more of those topics in 2015.
P.S. Remember how I lamented about not buying the iPhone 6? Well, I ended up getting one and it is absolutely amazing, especially going from an iPhone 4. I’ve gotten so much utility out of the phone that I am glad I made the purchase!