jd2005
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Post by jd2005 on May 31, 2018 10:35:13 GMT -5
It is that time of the month again...update NW time! I just updated, and not to shabby. Cash is down (last payments of vacation/home painting taken out)...but overall - up! www.networthshare.com/user/JD2005/2018/05How did you guys do?
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Deleted
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Post by Deleted on Jun 1, 2018 8:04:11 GMT -5
Well, it wasn't as bad as I thought it would be. I paid my property taxes and spent a lot on other things in May, but cash still up...partially due to an insurance payout from being rear-ended.
Retirement is up 5K from last month but still down 8K from January (I'm purposefully blocking out all the money I've contributed since then because that's really painful).
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jd2005
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Post by jd2005 on Jun 1, 2018 19:12:52 GMT -5
Well, it wasn't as bad as I thought it would be. I paid my property taxes and spent a lot on other things in May, but cash still up...partially due to an insurance payout from being rear-ended.
Retirement is up 5K from last month but still down 8K from January (I'm purposefully blocking out all the money I've contributed since then because that's really painful).
Im up...barely...even after deducting my contributions.
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Deleted
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Post by Deleted on Jun 1, 2018 19:25:33 GMT -5
I'm up only a smidgen YTD because I've been withdrawing money since I retired 4 years ago. The internal rate of return YTD (which accounts for the withdrawals) is 1.6%. Not stell ar but last year's IRR was 17% and that isn't going to happen every year.
It's been 4 years since I retired and my net worth has been increasing by 3.5% annually AFTER withdrawals so what I'm doing looks sustainable so far. I don't update the value of my house but DO update the balance on the mortgage.
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midjd
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Post by midjd on Jun 2, 2018 14:15:06 GMT -5
I updated. NW is up around 2% from last month - would've been more had we not paid $5K for a new a/c and diagnostic visit. Still trying to claw back to January's highs. But it feels great in here!
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jd2005
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Post by jd2005 on Jun 3, 2018 19:09:13 GMT -5
I updated. NW is up around 2% from last month - would've been more had we not paid $5K for a new a/c and diagnostic visit. Still trying to claw back to January's highs. But it feels great in here! Nice HSA account. How long have you been saving in that? We just started this year.
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midjd
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Post by midjd on Jun 4, 2018 8:11:43 GMT -5
I updated. NW is up around 2% from last month - would've been more had we not paid $5K for a new a/c and diagnostic visit. Still trying to claw back to January's highs. But it feels great in here! Nice HSA account. How long have you been saving in that? We just started this year. Thanks! I've had it since 2010 but I think 2013 was when I stopped using it (with a few exceptions - took out $2K earlier this year for PRK surgery and a couple of $500 withdrawals here and there). I've been tracking the medical expenses we pay OOP so, in theory, I can write myself a big tax-free reimbursement check at some point... but I get such angst about even small withdrawals that I'll probably end up leaving it all in there til I retire. It may be my favorite account - anything where you don't pay taxes on contributions or withdrawals or gains is just about perfect in my book!
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jd2005
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Post by jd2005 on Jun 4, 2018 10:39:53 GMT -5
Nice HSA account. How long have you been saving in that? We just started this year. Thanks! I've had it since 2010 but I think 2013 was when I stopped using it (with a few exceptions - took out $2K earlier this year for PRK surgery and a couple of $500 withdrawals here and there). I've been tracking the medical expenses we pay OOP so, in theory, I can write myself a big tax-free reimbursement check at some point... but I get such angst about even small withdrawals that I'll probably end up leaving it all in there til I retire. It may be my favorite account - anything where you don't pay taxes on contributions or withdrawals or gains is just about perfect in my book! We are going to try to use our HSA as an additional IRA. We are gong to load it up, and have it there for medical emergencies, but use OOP for routine medical. That way, when we hit 65, it is another source of income!
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SVT
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Post by SVT on Jun 6, 2018 3:16:12 GMT -5
I updated it. I've skipped a lot of months recently on there but I keep track of it every month on my own. Chugging along.
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jd2005
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Post by jd2005 on Jul 2, 2018 8:03:19 GMT -5
This month was rough.
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Deleted
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Post by Deleted on Jul 2, 2018 10:38:48 GMT -5
Just treading water basically.
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tcu2003
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Post by tcu2003 on Jul 2, 2018 11:00:29 GMT -5
Just treading water basically. Ditto.
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countrygirl2
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Post by countrygirl2 on Jul 7, 2018 8:40:29 GMT -5
We are going down, but its from spending for son and that's ok. As hubs said long as we have enough for the rest of our lives and I think we will. Also we have assets to sell. We both agree if we need to can start selling a house a year for 7 years. But our idea right now it wait till 80 and start selling. But who knows what can happen to us at our ages so nothing is set in stone.
Our earnings are less then withdrawals, we have 2 CDs coming due end of year and we are hoping 2 more rate increases will put us with a decent return. If the rates go high enough we will break them, pay the penalty and reinvest. The stuff in stocks are not doing well either, only real earnings is from our bonds and some are up near 5 and 6%.
We are still talking about selling and moving toward town. However, I see nothing we would want so we would have to build and neither of us really wants to go through that. Again just have to see.
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midjd
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Post by midjd on Jul 7, 2018 9:33:30 GMT -5
Just treading water basically. Ditto. Yup.
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Deleted
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Post by Deleted on Aug 1, 2018 9:14:48 GMT -5
Well, considering I bought two vehicles and insurance for them and paid DS's tuition for the year. I will take only being up $1400 for the month. Seems like a win to me!
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jd2005
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Post by jd2005 on Aug 7, 2018 10:49:41 GMT -5
I'm up a bit (1.91%). I'll take it!
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jd2005
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Post by jd2005 on Sept 4, 2018 9:50:13 GMT -5
August was not a bad month.
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tcu2003
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Post by tcu2003 on Sept 30, 2018 22:47:21 GMT -5
Updated for last month - up about 0.74%, so I'll take it.
And because I happened to notice it, I started tracking our NW in my spreadsheet in July 2011 (about 1 year after we got married). As of this month, we're about $6k short of having quadrupled our NW since that time. And for reference, our July 2011 NW was about 2.8 times our combined salaries (taking a guess as to about what our salaries were then), and now our NW is about 8.3 times our combined salaries. All of this is crazy to me, as we both come from very modest backgrounds - DH's parents lower middle class, and from what we can guess, probably don't have tons of retirement money saved, but his dad has a decent pension that includes healthcare, so they're doing okay. My mom is still working (will retire within the year at age 67), and will likely struggle at some point - the house I grew up in is paid off, but my dad died of cancer about 7 years ago, so her income is just hers, with very modest amounts in retirement accounts (maybe 2 times her low salary). She will likely move in with us at some point, or split time between us and my sister.
Most of what we've done is autopilot and forget it - at this point we're both maxing 401k accounts, saving in 529s, and saving on top of that. Our next step will be figuring out non-retirement investing, or figuring out backdoor Roths - but no ETA on that as we seem to be kicking that can down the road so far. We are both engineers, and have a combined HHI of just under $200k (I think - depends on bonuses at the EOY).
PDQ as I'll probably delete some of the details later.
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Deleted
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Post by Deleted on Oct 1, 2018 9:11:11 GMT -5
Up 0.93%. Pretty good considering. I can't believe I made it through September with a net gain at all.
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jd2005
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Post by jd2005 on Oct 3, 2018 11:37:58 GMT -5
Up $230 in September. Any increase is an increase. I'll take it.
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jd2005
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Post by jd2005 on Nov 1, 2018 8:24:31 GMT -5
Tough month! Down 4.5%! Just keep chanting :buying at a discount, buying at a discount, buying at a discount."
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Deleted
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Post by Deleted on Nov 1, 2018 9:21:58 GMT -5
I don't wanna...
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Deleted
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Post by Deleted on Nov 1, 2018 10:01:01 GMT -5
Grrrrrr. I'm too OCD to skip a month. Down about 4% and really mad that my 401K account autobalanced the end of September and sold off all my bonds.
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tcu2003
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Post by tcu2003 on Nov 1, 2018 12:35:27 GMT -5
Just updated my spreadsheet - we’re down 5.3% for the month. Grrrr. Though I did go add more to the kids’ 529 accounts, so it can stay low for a few days. 😂
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NastyWoman
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Post by NastyWoman on Nov 1, 2018 18:50:04 GMT -5
Down 2%. Better than some but still... DOWN!!!
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thyme4change
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Post by thyme4change on Nov 1, 2018 20:48:09 GMT -5
I lost $120k in the last few weeks. I'm pretty excited that I "lost" a year's worth of salary, and I'm not upset.
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jd2005
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Post by jd2005 on Nov 2, 2018 11:27:28 GMT -5
I lost $120k in the last few weeks. I'm pretty excited that I "lost" a year's worth of salary, and I'm not upset. That is pretty cool. Good planning and saving is where it is at. Keep up the good work.
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Lizard Queen
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Post by Lizard Queen on Nov 4, 2018 20:53:50 GMT -5
I haven't been watching the markets or my investments, and didn't realize how much my DH had in his. Turns out, we've reached a pretty significant milestone as of today, which means, probably after some drop. So yay us!
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TheHaitian
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Post by TheHaitian on Nov 5, 2018 13:52:13 GMT -5
I lost $120k in the last few weeks. I'm pretty excited that I "lost" a year's worth of salary, and I'm not upset. I so want to be like you when I grow up!!!
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Deleted
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Post by Deleted on Nov 5, 2018 13:56:41 GMT -5
I haven't been watching the markets or my investments, and didn't realize how much my DH had in his. Turns out, we've reached a pretty significant milestone as of today, which means, probably after some drop. So yay us! LOL If you just checked for the first time in a long time today, you probably just reached that milestone for the SECOND time. On it's way down.
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