March proved to be another volatile month for the markets. It’s been a while since we’ve had two solid down months for the S&P500.
For the month of March, my net worth dropped overall an additional -$13,558.40 or -1.30% for the month. This means YTD, I am down -$28,535.27 or -2.70% for the year. This brings my net worth to a current level of $1,026,993.32. If we look at my intra year high on 1/26/2018 of 1,104,860.51, I have had a drop of $77,867.19 from my all time high.
Compared to the S&P500, I was down -1.30% for the month, while the index was down -2.54% (the last week, I saw really good days of out performance because of limited tech exposure and high consumer staples exposure). YTD I have a lot or room to make up. I am down -2.70% vs the S&P500 being down -1.22% (January was not a good month for me relatively speaking).
I’m hopeful the talks of tariffs and trade wars die off, as that would do nothing but negate the benefits of corporate tax cuts and then some. If not, we could see further huge declines. All that in the face of increasing interest rates equates to tough headwinds.
For new readers, my stated goal is to increase my net worth $100,000 per year and grow my passive dividend income to $40,000 by 2036. For 2018, I should eclipse $25,000 in dividends.
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