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 January 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

Saturday, March 30, 2019

March 2019 Passive Income






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


Taxable Account


  • ABALX --- $354.78
  • Amegy CD --- $307.86
  • SO --- $61.99
  • F --- $52.50
  • XOM --- $49.46
  • IBM --- $39.75
  • KHC --- $36.26
  • LB --- $30.54


Retirement Account

  • VFIAX --- 1301.94
  • VBMFX ---204.12


Total March 2019 passive income from all accounts is $2439.20.


Definitely nothing wrong with this month! My CD income was lower due to February being a short month, but no big deal.

As a side note I received a $400 bank bonus from Amegy and 80,000 travel points (redeemable against $800 in travel expenses) from Barclays. Technically not true passive income, but the $400 is a real deposit in my checking account and my girlfriend and I now have two round trip Cali trips covered so I'm definitely excited about that!

Also had a great time visiting with Grant Sabatier from Millennial Money as he swung through Houston earlier this month on his book tour! A lot of the ChooseFI Houston members were in attendance and great ideas were flowing. 


DEFY MEDIOCRITY

Monday, March 11, 2019

February 2019 Passive Income





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


Taxable Account

  • Amegy CD --- $340.88
  • T --- $231.54
  • OHI --- $137.94
  • GIS --- $49.00
  • HCP --- $38.97
  • PG --- $25.10

Retirement Account

  • VBMFX --- $228.67

Total February 2019 passive income is $1052.10


Another solid income month and I continue to love the balance of interest and dividends. March should be off the charts and can't wait to see the results.

I also am starting to receive some dividends from my cinder block garden!!


DEFY MEDIOCRITY

Wednesday, February 27, 2019

FIRE 1 Year Anniversary Net Worth


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

Tomorrow marks my ONE YEAR FIRE ANNIVERSARY and so far so good!

Unless something super crazy happens tomorrow, I will have logged another strong gain in my net worth. 

When I became FI a year ago my net worth was approximately $910k and it is currently around $896k which means I've lost around $14k since I left the work force. I certainly don't like the idea of losing any ground, but considering the S&P 500 has only gained a hair over 3% during the trailing 12 months I'm happy. 

My back of the cocktail napkin math is that if the S&P 500 gains 7% per year I will have a static net worth and that is staying pretty true to form. I spent around $33k in cash yet my net worth only fell $14k.
It's also interesting to note that on Christmas eve (the most recent bear market bottom) my net worth was $848K or 6.9% off my beginning FIRE net worth amount. 

December also marked the time when I finally came out of hibernation and put in place a $350/month CD income ladder and made a few strong dividend investment moves. I have also received roughly $2400 in credit card bonuses since late last year. My earned income during the last 365 days is ZERO.

Regardless of market dynamics, I feel like I am in a much stronger financial position going into Year 2.

Here is my February 2019 snapshot.

Assets

Checking --- $6336
Savings/Investments --- $357,757
Lending Club --- $1,824
HSA --- $2,570
IRA --- $9,923
401K --- $362,217
2014 Jeep Wrangler --- $19,500
House --- $140,669

Liabilities

$4798

Net Worth

$895,998


YTD Totals

2019

Jan 2019 --- $887,560
Feb 2019 --- $895,998


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