Wells Fargo (taxable): This finished the month at 28,532 down 12 dollars from last month end. That is a 0.04% monthly loss and good for 8.16% annual gain.Interactive Brokers (taxable): Here I finished the month at 221,261 up from 208,647 last month. That is a monthly gain of 6.05% and year to date gain of 38.96%.
Interactive Brokers (tIRA): This account is up to 161,232 from 159,699 last month. The monthly gain is 2.91%. Feel pretty good about the long term performance of this mostly property and casualty insurance portfolio that has a year to date gain of 9.88%.
HSA: This account is up 234 on the period to 3,204. That is a 7.86% move in the right direction or 24.85% year to date. This account is still “small” and will see wild swings until it has more ballast.
Checking: Cash is up to 10,986 from 9,891. That is a 11.07% increase from last month and 27.92% gain year to date. I have an HSA contribution to make still this year. Fortunately, budget performance has been very good and my cash balance has increased most of the distance to this year’s contribution cap.
Total investable assets come to 425,214 up 4.55% from 406,720 last month and up 23.79% from 343,483 year to date.
Don’t forget to see the long term trend at Lizard King’s Transparency Page.
Income tax: I have a 12,945 tax asset on deposit with the service. Because of the mishap with UVXY, I expect to have a trivial tax liability this year and should even qualify for the maximum ACA subsidy. Net tax rate could be negative for 2018.
I have automatic withdrawals from my taxable investing accounts set to provide a cash income of 25,000 a year. Against a liquid net worth of 425,214 that is a withdrawal rate of 5.88%. I earned 1,127 in options premium income during the month of February. Additionally, my income centric approach to investing includes 27,219 in expected distributions, dividends, and interest for the year or an additional 108.87% of budget. In the event of a downtown, I should be immune to the need to “sell at the bottom”. At the same time, I can expect steady and robust growth to keep ahead of inflation.
Spending was 1,273 for the month, which is well under the 2,000 target. I will be spending much less on Stansberry products now that I have a Choice account allowing access to 10 services with my PWA subscription combined. This should allow me to come in under budget for the year and for the foreseeable future. A transfer from cash to HSA will come later in the year.
I earned 300 this month or 277 after payroll taxes for my efforts at the Memorial Hills UD municipal water board. It is a small amount but over a year’s time it adds up to another full social security credit. This should improve my eventual payout when I reach qualifying age.
Devour your prey raptors!