Another year in the bag and it was a good one.
music selection: “In Too Deep” — Genesis
weigh-in: 209.8 +2.2 – very disappointing year for weight loss.
Wells Fargo (taxable): This is down 31 dollars, a 0.10% loss versus last month. For the year, this account is up 1,547 to 30,681. That is an annual gain of 5.31%. That is excellent considering this account holds almost exclusively fixed income investments.
Interactive Brokers (taxable): This is up 15,408 to 323,837 a gain of 5.00% versus last month. The annual gain is 54,311, good for 20.15%.
Interactive Brokers (tIRA): I show 480 in gains here this month to 163,045 which is good for a 0.30% monthly gain. The annual result is 22,828 in gains good for 16.28%.
Checking: I’m up here to 12,013, a gain of 13.51% on the month. The annual mark is a 3,570 gain in cash good for 42.28% versus last December’s mark.
Total Assets: Good news over all as I’m up to 529,576 at the end of December. Good for an overall monthly gain of 3.37%. On an annualized basis I’m up 82,256 or 18.39%. If you back out the spending that was deducted from the asset base to get a full picture of total gains, the annualized gain was 23.62%. Once again, I beat the S&P with a 60/40 equity/bond portfolio while lowering my risk. Why would I invest any other way?
Taxes: A back of the envelope calculation shows I have enough tucked away with Uncle Sugar to allow for a 4-5 thousand refund. I’ll leave that on deposit with the Service as partial prepayment for 2018. I’ll only need to make quarterlies on about 5-6 thousand more that way. My withdrawal rate will be a lot better than planned now that I don’t have to put away 10 thousand.
My annual spending came to 23,410, just below the 25,000 target. Against a liquid networth of 529,576, that is a withdrawal rate of 4.42%. Current annualized distributions, dividends, and interest come to 30,112 or 120.45% of budget. I also earned 35,212 in options income during the year or 140.85% of budget.
It was a record month. Spending was only 810 dollars for the month of December. That helped get me back on track after two spendy months in a row. My total spending for 2017 was 23,410, well under the 25,000 budget.