Down 1.75% this month.
music selection: “Yankee Rose” — David Lee Roth
weigh-in: 212.4 +1.6 – doh!
Wells Fargo (taxable): This is up from 28,697 to 28,860. A gain of 163 dollars or 0.57%. The compositions is a little different in that I sold CPLP to harvest the tax loss and replaced it with AGC.
Interactive Brokers (taxable): This is down to 254,752 from 258,232. That is a decline of 3,480 or 1.35% versus last month.
Interactive Brokers (tIRA): This is down to 128,571 from 130,754. The decline is 2,183 or 1.67% versus last month.
Checking: This is down from 10,777 to 8,760, a decline of 2,017 or 18.72% from last month. The main drivers to the decline were paying school tax and homeowner’s insurance.
Total Assets: Down from 428,460 to 420,943, a 1.75% decline over the previous month.
Taxes: I have harvested enough tax losses to eliminate my additional tax liability for the year and to qualify for an Obamacare subsidy. W00t!
Projected twelve month withdrawals is being updated this month to reflect the change in distributions in my Wells Fargo account to checking. That figure now stands at 23,784. Against a total liquid networth of 420,943, the withdrawal rate is 5.65%. Offsetting the budget is projected twelve month distributions, dividends, and interest which comes to 25,664. That comes out to 107.91% of my budget. I also earned 1,695 in options premiums in the month of October, bringing my yearly total to 22,675.
Spending is up big this month to 3,329. Almost two thousand of that is for home insurance and real estate taxes. I have two more real estate tax bills coming for about 1,700 dollars. I’ll be above monthly target for the rest of the year but it looks like the annual budget will come in under target.
Devour your prey raptors!