Happy Easter Raptors!
music selection: “Never Tear Us Apart” — INXS
Wells Fargo (taxable): This is down 134 dollars, a 0.45% loss versus last month. The new mark is at 29,391.
Interactive Brokers (taxable): This is down 13,970 to 285,487 a loss of 4.67% versus last month. Rising interest rates have begun to impact my fixed income investments. I have a few that are variable rate and they are curiously not rising yet.
Interactive Brokers (tIRA): I show 3,876 in gains here this month to 164,255 which is good for a 2.42% monthly gains. P&C insurers continue to treat me well with gains and low Beta.
Checking: I’m up here to 11,371 a gain of 7.58% on the month.
HSA: This account is down 267 dollars to 3,396. That is a 7.29% decline.
Total Assets: I fell back below the half a million mark. March finishes at 493,900. That is good for an overall monthly loss of 1.92%. I will continue to monitor trailing stops.
Taxes: This is a real bright spot. I qualified for an Obamacare credit on my recent 2017 filing. I am rolling forward a prepaid tax asset of 11,945.
The budget is again set at 25,000. Against a liquid networth of 493,900 that is a withdrawal rate of 5.06%. Current annualized distributions, dividends, and interest come to 30,734 or 122.91% of budget. I also earned 5,325 in options income during March. Annual options earnings are already 19,742 so I should easily cover the budget two times over this year. That is a great comfort when my balances are declining as I know I will not be forced to sell low.
It was a good month. Spending was only 1,431 dollars for the month of March. I am on pace to spend only 15,596 this year. Next month will see an outgoing payment of 500 for income tax prepayments.
Devour your prey raptors!