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