2018 End of Year Net Worth

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

During the month of December the S&P 500 fell over 9%!! A monthly drop of 9% is extremely rare and the December plunge was the worst December for the markets since 1931 during the depths of the Great Depression. Fortunately the markets rebounded during the last week, but the S&P did briefly fall into Bear Market territory.

As most of you know I sold all of my stocks within my taxable account during the back half of 2017.  I have been accumulating dividends stock and some mutual funds during this year. I still have over half of my taxable funds in 2.25% CDs. This definitely cushions the blows from the market plunge, but I still felt the hit to my net worth as many others have as well.

From a spending perspective, I had the lowest total since I retired back in February at just over $2000 for the month. I also received $581 from my Cap 1 credit card churn as well as the first $150 from Amegy. Over $700 for spending that would have occurred anyway. Gotta love that!.

I started buying into some seriously beaten down companies during the past few weeks and hope to continue buying heavy as opportunities present themselves.

It's a little disheartening to see my net worth decline during my first (almost) year of FI. I fully expect my net worth to increase over time, NOT decline.  Having a bear, or even a falling market during the early year(s) of retirement really can change probabilities for the worse of funding your life for the long term..... Black Swan stuff

This is one of the reasons that I have a huge chunk of cash in CDs. 2.25% is not very impressive, but absorbing a potential 50-60% 2 to 3 year bear market like the ones suffered in 73-74, 00-02, and 07-09 have to be accounted for. 

Here are December's final 2018 numbers

Assets

Checking --- $4,096
Savings/Investments --- $346,435
Lending Club --- $2,455
HSA --- $2,644
IRA --- $9,304
401K --- $336,461
2014 Jeep Wrangler --- $21,500

House --- $144,105

Liabilities

$2387

Net Worth

864,613


YTD Totals

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