In
2018 Goals
Achieved Add $52k to income generating investments
2018 Home imp spending: $8,350 We had a flood and had to unexpectedly replace
2019 Home imp spending: $Lots to roof. I’m not even going to calculate this one.
Difference: $Fail
2019 Goals
Savings / Investments
Mortgage
Miscellaneous Todos
- Move traditional IRAs into 401k/403b accounts for backdoor Roth tax optimization
- Remove tree in backyard
- Redacted
2019 Savings and Debt Calendar
Investments Mortgage
Redacted Redacted Redacted Redacted Monthly
401k 403b IRA IRA Taxable PMI Extra Principle Totals
Jan $3,000 $4,000 $2,300 $1,000 $10,300
Feb $3,000 $4,000 $2,300 $1,000 $10,300
Mar $3,000 $4,000 $2,300 $1,000 $10,300
Apr $3,000 $4,000 $2,300 $1,000 $10,300
May $3,000 $3,000 $1,000 $2,300 $1,000 $10,300
Jun $3,000 $4,000 $2,300 $1,000 $10,300
Jul $1,000 $1,000 $5,000 $2,300 $1,000 $10,300
Aug $1,000 $2,000 $2,300 $1,000 $5,300
Sep $2,000 $2,300 $1,000 $5,300
Oct $2,000 $2,300 $1,000 $5,300
Nov $2,000 $2,300 $1,000 $5,300
Dec $2,000 $2,300 $1,000 $5,300
Long-term Goals
- Eliminate main house mortgage by end of 2022
- Redacted
- Have $1MM in income producing investments by 2025
Investment Policy Statement
Philosophy The large majority of investments will follow a buy-and-hold, all-index
strategy with a focus on minimizing costs and tax liability. A small
percentage of funds is allowed to be used for experimental investing
strategies.
Risk Tolerance Our ability to tolerate the uncertainties, complexities, and volatility
inherent in the investment markets is extremely high.
- Fully funded emergency fund
- Age
- No non-mortgage debt
- Dual income
- High demand jobs
Selection The expense ratio and overall cost of funds shall be a major point in the
Criteria selection criteria. To minimize style drift, index funds are preferred, if
available, for all asset class.
Tax-Loss Tax loss harvesting will be used to reduce the year’s tax liability when
Harvesting >$1,000 loss can be realized in taxable holdings.
Loading No timing strategies (including dollar cost averaging) will be used when
loading money into investments. Money will be deposited as early as it is
available into investments, in the order of most tax-advantaged to least.
Trend
Net worth 2018: $713,868 Per-day gain: approx. $418.53
Net worth 2017: $584,335
Net worth 2016: $437,298
$700,000.00
$600,000.00
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
$0.00
Adj Net Worth Net Worth Property Equity Linear (Adj Net Worth)
Holdings
All Holdings
Domestic Stock
34% International Stock
Domestic REIT
51% Domestic Bonds
Cash Equivalents
Real Estate
6% 3%
6%
0%
Location Type
8.81% 10.70%
91.19% 89.30%
Real Estate
Redacted – Main House
Mortgage – 15yr @ 3.375%, opened Redacted
$230,000 / $124,388 remaining