Friday, November 1, 2019

October 2019 Net Worth




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

Well I finally broke through through hit a new net worth high for the year and hopefully I won't drop back down below $900,000 for a while.

My checking account is quite a bit higher because I sold off some positions. I plan to reinvest back into either the markets or perhaps start refunding my Lending Club Account. I never did earn more that about 6% on it, but with interest rates falling my maturing CDs will most likely fall below 2% when they renew and a fairly steady 6% income stream is perfect for me right now.

My current net worth of $904,935 is $28,008 higher than last October's $876,927. What makes this even more amazing is that I also spent $34,800 in cash to fund my lifestyle while making $0 in traditional day job earnings. This is escape velocity in real time and I LOVE IT!!

I also should note that my net worth despite spending over $60,000 during the last 20 months with again, ZERO day job income, has only dropped $1,000 since I retired at the end of Feb 2018.

Here is my net worth summary from October.

Assets

Checking --- $54,879
Savings/Investments --- $427,870
Lending Club --- $419
HSA --- $2,015
IRA --- $10,578
401K --- $393,263
2014 Jeep Wrangler --- $19,000


Liabilities

$3,089

Net Worth

$904,935


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

July 31, 2019 --- 898,515
Aug 31, 2019 --- $894,960

Sept 30, 2019 --- $900,639
Oct 31, 2019 --- $904,935


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

8 comments:

  1. Well done. It looks like retirement is treating you quite well.

    ReplyDelete
    Replies
    1. Divson,

      Thank you. I am thoroughly enjoying life right now.

      MDP

      Delete
  2. That's some amazing stuff MDP! Net worth more than holding its own while you're taking out cash and living the dream.

    ReplyDelete
    Replies
    1. PIP,

      Yeah the decision to retire before my dividends covered all my expenses has been a good one. I have no problem with the combination of dividends coupled with some draw down to cover retirement expenses.

      MDP

      Delete
  3. MDP-

    Man oh man, let's see what you invest in. Curious to see how you do it with Lending Club! I am on Fundrise and all has been well and steady, earning around 7%.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      I've seen some others use Fundrise as well. I may take a peek at it.

      MDP

      Delete
  4. Where are you pulling the 60k from dividends intrest etc or selling off stuff ?

    ReplyDelete
    Replies
    1. AG,

      I am basically selling off my etrade account to clean up some positions as well as lock in some long term gains that will be taxed at 0% because I have no day job income. I'll most likely start re-investing again in my JPM account which has been offering $0 trades.

      MDP

      Delete