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Financial Transparency as of 30APR2017

It’s Financial Transparency time again!

music selection:  “Talk Dirty To Me” — Poison

ASSETS:

Wells Fargo (taxable): This finished the month at 31,266, up from 30,686 last month.  The Trump rally has been treating me well.

Interactive Brokers (taxable): This finished the month at 290,811 up from 286,018 last month.  That is a 1.68% increase.

Interactive Brokers (tIRA): This finished the month at 148,466 up from 147,687 last month.  A pedestrian 0.53% gain.

Checking: This finished the month at 11,538 up from 10,345 at month end.  A 11.53% increase.

Total investable assets finished at 482,041 up 1.54% from last month.  Year to date, I am up 7.76%.

 

LIABILITIES:

Home – paid.

Car – paid.

Income tax liability: I have about 9,000 on deposit with Uncle Sugar to defray 2017 liability.  I’ll probably add another 1,500 or so to that depended on how trading goes in the remainder of the year.

 

WITHDRAWAL RATE:

Assuming withdrawals of about 25,000 for the year, my rate is 5.19.  This has steadily continued to fall as total investable assets has climbed for a few years without any real retrenchments.  Withdrawal rate will be a little higher in 2018 as I will not have prefunded income tax liabilities to rely on.  First world problems, ya’ll.

Forward twelve month distributions, dividends, and interest come to 25,350 or 101.40% of budget.  I collected an additional 2,290 in options premiums in the month and am pacing for 25,229 for the year or an additional 100.1% of budget.  I feel very secure at the moment despite running over the recommended 4% safe withdrawal rate the Bogleheads all swear by.

 

SPENDING:

Spending was quite low but will be higher next month as I have 500 in tax prepayments and a couple hundred dollars in auto repairs that will hit next month’s credit card statements.  Total spending came in at 1,233, a new low for the year.  It’s good to build a little cash in the checking account since I know year end is always a little harder on the budget with insurance and real estate taxes all coming due right as Christmas arrives.

Devour your prey raptors!

 

{ 2 comments… add one }
  • Chris B May 2, 2017, 5:32 pm

    So is your total YTD 7.76% plus withdraws for living expenses, or is it 7.76% before living expenses come out?

    • The Lizard King May 2, 2017, 5:44 pm

      7.76 after withdrawal. That is, the return would be high if I wasn’t taking out about 2,000 a month for expenses.

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