June built upon the solid gains of May, albeit at a much lower rate of volatility. Seriously, it was not a real volatile month with regard to market ups and downs compared to prior months. For the month of June, I finished up a positive $25.967.70 or 2.48%, the third best month of the year behind January and May. It feels good to be on in the positive for the 2 months and back in the positive for the year. Net worth sits at $1,070,814.04. I’ve been floating around the 1 to 1.1 million for the year. For the year, I am up a mere $15,285.45 or 1.45% for the year, a little disappointing to say the least and off of my stated goal of gaining $100,000 per year.
Compared to the S&500, which saw a 1.67% return through the end of June, I have been able to close the big gap in performance I had for the year. For the month of June, the S&P500 saw a 0.48% return. So, again for the second month straight, I was able to chip away at my underperformance on the year. For the month of June I was up 2.48%, YTD 1.45%. This narrows the gap of my underperformance to a mere 0.22%, something that can easily be made up over night. For the second month in a row, one of my stocks in particular saw a major outperformance and accounted for a little over $12,000 of the gains. WWE has been on fire, to say the least and it has become a top 2 holding in my portfolio (all sitting in my Roth IRA!). The month was particularly good as I saw several days of outperformance on both positive and negative days for the markets and a slow and steady growth of my portfolio.
For any new readers, my net worth is super simple. I have absolutely no debt (including house, cars, student loans). Basically, I am liquid AF. For my net worth, I only count financial assets, so I don’t include material possessions like house, cars, shit in the house (I like to keep it simple and think of only assets I can raise cash in the matter of seconds). So here goes the charting of my net worth since 1999…
While I am working to get to the $2 Million marker within the next 7 years, I should also note the slow and steady increases in dividend income. For 2018,I will just past the $25,000 marker for dividends. This allows me to never really touch my portfolio. 2019 dividend income is expected to range between $26,000 to $27,000.
I am out of the contract period for working, but have continued to work, they really freaking like me at this place. I haven’t given up on the dating world yet, but getting real close. As soon as I’ve made up my that a serious relationship isn’t for me, I’m out. I may be getting close to that point in life. I am trying to work on part time/seasonal work with the company as it will continue to keep me connected to a work environment, just in case. It’s funny to think I went back to work, thinking I do want to settle down with someone and it wouldn’t be fair of me to not work. But the dating world is so ridiculous, you question if it’s all worth it.
Interesting tidbit from the chart above…looking at the figures for the last 5.5 years I have increased my net by $666,121.04. The prior 14 years accounted for $404,693. I often refer to how my money works harder than I do. Think about it another way. From a time perspective the last 5.5 years out of the 19.5 years of this experiment equals 28.20% of the time involved. That means a little over a quarter of my time doing this has actually accounted for the majority of the growth of my assets. The 5.5 years has produced $666,121.04 or 62.20% of the growth. The first 14 years was 71.80% of the time and produced $404, 693 or 37.80% of the assets. Start early!!!Follow me on the social medias: