Almost 1 percent growth on the month

music selection:  “Splish Splash” — Bobby Darin


Wells Fargo (taxable): This finished the month at 31,588, down from 31,667 last month. The account is up 2,454 on the year or 8.42%.

Interactive Brokers (taxable): This finished the month up 1.47% at 311,577. The account is up 42,051 on the year or 15.60%.

Interactive Brokers (tIRA): This one was down 326 dollars to 156,783. Gains for the year come to 16,556 or 11.81%.

Checking: Cash on hand is up 872 dollars to 13,568. The change in cash since the beginning of the year is 5,125 or up 60.70%.

Total Liquid Networth is up 4,987 on the month to 513,516. Total gains for the year are 66,196 or 14.80%, which annualizes to 19.73%.



No real changes here.

Home – Paid

Car – Paid

Income tax liability is still tracking around 11,000 for the year and I should have that much prepaid by the January 15 deadline.  If the market kicks me in the teeth on any of my long or short positions, I’ll take my lumps and harvest the tax loss to reduce this burden.



I am budgeting 25,000 for annual spending.  Against a liquid networth of 513,516, my withdrawal rate is 4.87%.   Projected 12 month distributions, dividends, and interest come to 29,858 or 119.43% of budget.  I picked up an additional 1,071 in options income during the month.  Average monthly options premium income annualizes to 29,161 or 116.64% of budget.  My cash spending needs are well met and I’m picking up strong growth to insulate me against inflation and the inevitable downturn.



Spending for the month came to 1,407.  That is my second best month so far this year, trailing April’s 1,233.  Spending will be higher during the later months of the year as I contend with home insurance and real estate taxes.  I am on track to finish almost 5,000 under budget.  That is going to be helpful next year when I expect a much higher out of pocket for Federal Income Tax.

Devour your prey raptors!

Financial Transparency as of 30SEP2017

Never miss another opportunity to devour prey!

3 thoughts on “Financial Transparency as of 30SEP2017

  • October 1, 2017 at 3:56 pm

    Velociraptor –

    Nice work being under budget by SO MUCH, does great things for the net worth and investing opportunities. Keep it up over there and do better than you expect this last quarter.


  • October 1, 2017 at 6:32 pm

    I see all your total liquid networth around 500K. Are all invested in options or short term assets or you have long term assets? where can i see/learn your long term assets?

    • October 1, 2017 at 8:02 pm


      I keep about 40% of the portfolio in long term holdings, mostly closed end bond funds. Tickers are: AGC, HNW, IGD, IIM, IQI, NEA, NVG, OXLC, PCI, REM, TWO, AMZA, EFR, GEL, GIM, GLO, JPS, JRO, MORL, TCEHY, TRV.


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