Wells Fargo (taxable): This finished the month up 702 dollars at 29,294. That is a 2.46% monthly gain and good for 11.05% annual gain.
Interactive Brokers (taxable): Here I finished the month at 234,064 up from 229,209 last month. That is a monthly gain of 2.12% and year to date gain of 47.01%.
Interactive Brokers (tIRA): This account is up 9,102 to 167,272 versus last month. The monthly gain is 5.76%. Feel pretty good about the long term performance of this mostly property and casualty insurance portfolio that has a year to date gain of 14.00%.
HSA: This account is up 262 on the period to 3,602. That is a 7.85% move in the right direction or 40.33% year to date. This account is still “small” and will see wild swings until it has more ballast.
Checking: Cash is up to 13,134 from 11,748. That is a 11.8% increase from last month and 52.93% gain year to date. This should jump substantially this month as I expect an almost 13,000 tax refund. I will make my annual HSA contribution from those proceeds as well as quarterly estimated payments to the Service.
Total investable assets come to 447,336 up 3.78% from 431,058 last month and up 30.24% 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 2,350 income tax prepayment asset and expect to make three more such payments during the year. I hope to get my estimate “about right” this year. I have been carrying too much prepayment so far in early retirement.
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 447,336 that is a withdrawal rate of 5.59%. I earned 796 in options premium income during the month of March, inclusive of 279 of short term capital gains on shares that were called away. Additionally, my income centric approach to investing includes 25,157 in expected distributions, dividends, and interest for the year or an additional 100.63% 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 1,242 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 after my income tax refund comes in.
I earned 150 this month or 139 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. I also picked up $130.22 from Google AdSense for blog advertising. Click my ads!!!
Devour your prey raptors!