It was another good month.
music selection: “Kryptonite” — 3 Doors Down
Wells Fargo (taxable): This closed the month at 24,231 up 13.49% from 21,430, driven by the purchase of HNW during the month.
Interactive Brokers (taxable): A nice move here from 184,835 to 205,352. A move of 11.10% despite withdrawing 2,000 during the month for living expenses. Gains were broadly distributed across the portfolio with no main driver.
Interactive Brokers (tIRA): This finished the month at 117,587, up from 108,137 last month. A gain of 8.74%. Driven largely by a gain in a long UVXY put.
Checking: Cash on hand is slightly down from 10,648 to 9,947, a decline of 6.58%.
Total liquid networth is 357,207. A pretty good place to be.
No real changes here.
Home – Paid
Car – Paid
Income tax liability currently at a trivial amount thanks to qualifying for ACA credit. UVXY gains could establish a tax liability later in the year so I’ll keep monitoring this.
Projected twelve month withdrawals are unchanged at 27,386. Against a liquid networth of 357,386, that is a withdrawal rate of 7.66%. Projected twelve month dividends, distributions, and interest are 26,020 or 95.01% of my withdrawal needs. I picked up 1,128 in options premium in May and am averaging 1,481 per month for the year.
I was able to keep spending below target but just barely this month. Spending came in at a round 2,000. There were some extra expenses such as auto insurance and home repairs last month.
I got my first ever check from Google AdSense for the blog during the month: $103.54. I won’t put that into an hourly wage because it would make me depressed. The blog is a labor of love.
Devour your prey raptors!