Monday, July 8, 2019

June 2019 Passive Income




Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • ABALX --- $660.60
  • Amegy CD --- $340.90
  • SO --- $64.06
  • F --- $52.50
  • XOM --- $52.48
  • IBM --- $41.03
  • KHC --- $36.26
  • LB --- $30.54

Retirement Account

  • 65/35 S&P 500/Bonds --- $1217.95

Total June 2019 passive income is $2,496.32

Not much to say other than everything is progressing nicely and early retirement is going well. I try to do new things each day and continue to collect memorable experiences. So far so good. I honestly haven't paid much attention to stock values or dividend yields. 

Spreadsheets, valuations, and spending hours researching stocks isn't what life is about. Exploring, hiking, swimming, yoga, wine tasting, and relationships are what I focus on now. 



DEFY MEDIOCRITY

Tuesday, July 2, 2019

June 2019 Net Worth




All figures except my Jeep value are generated from Mint.com.

We're at the mid point of 2019 and this has been an exceptional year so far. The S&P continues its strong march forward posting a 6.89% gain in June and a 17% YTD gain!

As of this post, my net worth is sitting on a $30,000 YTD gain. I still am continued to be amazed that I am literally earning no "day job" income and yet I am adding $6,000 a month to my portfolio even after withdrawing money to live on each month.

I am also slightly ahead in my YOY net worth.

I experienced a nice $14,000 gain during June. What makes this even more impressive is that I wrote down my Wrangler $2,000 and sold my house. Apparently my house estimate was a tad high as I netted about $6,000 less than the "paper value".

Speaking of my house, I am now officially homeless. I sold my house and moved in with my longtime girlfriend. Team Consolidate is how we refer to ourselves.

I invested most of the proceeds in a 2 year 2.5% CD. This should provide an additional $250.00 a month in income. I was fortunate in my timing, because the current 2 year rate has dropped back down to 2%. There may be an interest rate reduction by the Fed in the near future as well.

Anyway retirement life continues to exceed all expectations and all is well.


Assets

Checking --- $5336
Savings/Investments --- $479,764
Lending Club --- $1,047
HSA --- $2,101
IRA --- $10,295
401K --- $381,662
2014 Jeep Wrangler --- $17,500
House --- $0 (Sold it last month --- officially homeless)

Liabilities

$3,401

Net Worth

$894,504


YTD Totals

2019      

 ***Jan 1,2019 --- 864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902

Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455
June 30, 2019 --- $894,816


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 


Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Tuesday, June 25, 2019

May 2019 Passive Income







Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • Amegy CD --- $329.88
  • T --- $231.54
  • OHI --- $137.94
  • GIS --- $49.00
  • HCP --- $38.97
  • PG --- $26.11

Retirement Account

  • VBMFX --- $230.55

Total May 2019 passive income is $1,043.99

Most of my income came from a CD, T, and OHI. I love it when I reach 4 digits in passive monthly income. Early retirement continues to exceed all expectations and life is fantastic!

My CD income will increase quite a bit starting next month as I sold my house and put some of the proceeds to work with a 2.25% 2 year CD. Considering the 10 year note is now hovering around 2%, I feel pretty fortunate to lock in this rate. Over the past year I have taking steps to increase my passive income in my taxable account from virtually zero to around a $1,000 a month. The ratio starting next month will be about 50/50 dividends and interest payments.

The picture is a random Thursday morning while staying at the Tremont Hotel in Galveston with my girlfriend. I love relaxing stress free mornings while I slowly sip coffee and create memories.


DEFY MEDIOCRITY

Saturday, June 1, 2019

May 2019 Net Worth




All figures except my Jeep value are generated from Mint.com.

Well the market had a very volatile month in May and the S&P 500 dropped by 6.6%. Obviously this caused my net worth to fall quite a bit....almost $24,000. Since I don't have a huge exposure to the markets, my loss was offset by bonds and a large cash position.  My net worth Beta is roughly .3 in relation to the S&P 500 which helps me sleep at night!  If we enter a secondary bear market like in December, I'll probably add $15,000 to $25,000 in some core positions. MMM, UPS, CAH, XOM, and MO are starting to look attractive. ABBV and LYB yields are also approaching 6%!

I am also in the process of selling my house so that could shake up my net worth in the coming months. While I would like to think I am fairly conservative in my estimate, expenses such as moving, home repairs, and agent fees could cause a $5,000-$10,000 swing. No big deal. We all go through this and I have not moved in almost 23 years.

Here is the May 31, 2019 net worth breakdown.


Assets

Checking --- $917
Savings/Investments --- $351,086
Lending Club --- $1,047
HSA --- $2,100
IRA --- $8,883
401K --- $363,905
2014 Jeep Wrangler --- $19,500
House --- $135,000

Liabilities

$1,983

Net Worth

$880,455


YTD Totals

2019      

 ***Jan 1,2019 --- 864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902

Apr 30, 2019 --- $904,190

May 31, 2019 --- $880,455


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 


Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Saturday, May 18, 2019

April 2019 Passive Income




Here is the passive income I received from both taxable and retirement accounts.


Taxable Account

  • Amegy CD --- $340.89
  • PM --- $136.84
  • TUP --- $108.00
  • MO --- $88.00
  • CAH --- $47.63
  • KMB --- $20.60
  • GE --- $1.01

Retirement Account

  • VBMFX --- $246.22

Total April 2019 passive income is $989.18

April was another wonderful income month and I was just shy of $1,000. I haven't added to my portfolio much since the big drop way back in December. I fell like I should add another company or two just for diversification. I have been watching MMM recently and may jump back in soon.

Retirement life continues to exceed my expectations and I have been enjoying a lot of time hanging out by the pool catching some Vitamin D!

DEFY MEDIOCRITY

Saturday, May 11, 2019

April 2019 Net Worth


All figures except my Jeep value are generated from Mint.com.

April was another fantastic month on the net worth side. Despite my home value estimate dropping by $5,000, my overall net worth increased around $4,000.

April also marks my first year over year net worth increase since I retired. My net worth over the past year actually is almost $1,000 higher than a year ago. I am also within $5,000 of eclipsing my Day 1 Retirement net worth.

I have had the time of my life during the past 14 months and have virtually the amount of money as I did when I stopped receiving a paycheck. That is still difficult for me to comprehend, but I'll take it!

Here is my March 31, 2019 net worth breakdown.
Assets

Checking --- $1,241
Savings/Investments --- $360,455
Lending Club --- $1,339
HSA --- $2,100
IRA --- $10,227
401K --- $377,483
2014 Jeep Wrangler --- $19,500
House --- $135,000

Liabilities

$3,155

Net Worth

$904,190


YTD Totals

2019      

 ***Jan 1,2019 --- 864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902

Apr 30, 2019 --- $904,190


2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 


Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266


There is no down time when building a path that doesn't lead back to ZERO

Monday, April 1, 2019

March 2019 Net Worth


All figures except my Jeep value are generated from Mint.com. 

I couldn't ask for a better start in my second year of FI. My net worth has increased about $35,000 since the beginning of 2019 even after subtracting all my living expenses. Obviously this trend won't continue indefinitely, but it is nice to see nonetheless.

It's also nice to note that my net worth has decreased by less than $10,000 during my first 13 months of FI. That's roughly $731 per month since I stopped receiving a W2 paycheck.

As I have noted before I have really increased my passive income during the last six months via dividends and CD interest. As of last September I was tracking for about $350 a month in passive income in my taxable account and now I am tracking about $850 a month from dividends and CD interest.

I also have earned an additional $3,000 in credit card and bank bonuses during the last six months.

I just opened two new credit cards and should be able to earn around $550 from these two doing nothing more than using them to pay my regular monthly expenses.

Six months ago I never dreamed that I could make $300-400 a month from credit card side hustling.

Here is my March 31, 2019 net worth breakdown.

Assets

Checking --- $1,403
Savings/Investments --- $359,757
Lending Club --- $1,463
HSA --- $2,570
IRA --- $10,051
401K --- $367,578
2014 Jeep Wrangler --- $19,500
House --- $139,827

Liabilities

$2,243

Net Worth

$899,902


YTD Totals

2019      

 ***Jan 1,2019 --- 864,816***

Jan 31, 2019 --- $887,560
Feb 28. 2019 --- $895,998

Mar 31, 2019 --- $899,902



2018

Jan 2018 --- $917,116
Feb 2018 --- $910,667

Mar 2018 --- $909,746
Apr 2018 --- $903,416

May 2018 --- $889,032
Jun 2018 --- $893,278

Jul 2018 --- $892,002
Aug 2018 --- $896,619

Sep 2018 --- $899,763
Oct 2018 --- $876,927

Nov 2018 --- $891,402
Dec 2018 --- $864,613


2017

May 2017 --- $835,009
July 2017 --- $851,904 


Aug 2017 --- $860,072
Sept 2017 --- $869,374

Oct 2017 --- $887,033
Nov 2017 --- $897,145

Dec 2017 --- $914,266



There is no down time when building a path that doesn't lead back to ZERO