Wednesday, February 25, 2015

Net Worth Update - January 2015

While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates.  Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly.  As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.  During January my net worth decreased $15,178.59.

Saturday, February 21, 2015

Dividend Update - January 2015


I've just about got all of my spreadsheets up to date which is good because now it should just be maintenance to worry about.

These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.

Thursday, February 19, 2015

2014 Goals - Full Year Recap


I know it's after mid-February and I'm just now getting out my 2014 goals update ,but there's been so much going on that I had to step away from the blog for a few months.  I still have no idea what happened to 2014.  The first half was a blur and the second half was even blurrier.  Now that I have a bit more time on my hands I need to check on my goals for last year.  There were a lot of "failures" but the good thing about those failures is that I still made good progress on the majority of my goals.   It's important to set specific, measurable goals so you have something to compare it to and keep motivated along your journey.  Enough stalling, let's get into the goals.

2014 Budgeting Goals - Full Year Results
Goal 2014 Amounts Status
Grocery spending < $200 per month $190.16 Reached
Restaurant spending < $110 per month $208.49 Failed
Average monthly expenses < $2,350 per month $2,676.59 Failed

Wednesday, February 18, 2015

Net Worth Update - December 2014

While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates.  Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly.  As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.  Between my last update covering October 2014 through the end of the year my net worth increased $18,475.94!

Sunday, February 15, 2015

Dividend Update - December 2014


I'm still working on getting all of my spreadsheets up to date and just about have my portfolio taken care of.  There's still going to be the massive undertaking that will be my budget spreadsheet but that's for another day and time.

These dividend updates reflect all dividends that I receive through my investing pursuits.  I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress page to see what dedication to an investment plan can give you.

Friday, February 13, 2015

Dividend Update - November 2014


It's been a while since I last had a chance to post, almost 3 months in fact.  I didn't disappear or anything but was having to deal with medical issues for my son, Lucas.  He's one heck of a strong willed kid and whenever he gets out of the NICU I know he's going to be a handful.  It's been a crazy wild ride that my wife, son, and I have been on but he's doing a bit better now and hopefully we can keep him stable while we work on his nutrition and get him to grow.  The short story is that he has a congential diaphragmatic hernia, CDH, and his diaphragm didn't form right while in utero so some of his organs were in his chest cavity which made his lungs very underdeveloped.  It affects about 1 in 2500 kids and unfortunately the survival rate is only about 50%.  But Luke is still fighting which is all we can ask for.  If you want to follow along with what's going on with him you can check out BabyLukeBlog.wordpress.com.

So I'll be recapping the past few months to get caught up on the juicy details of my portfolio(s) and most importantly dividends.  Those dividends act as seed money for investments and will eventually allow my wife and I to reach financial independence.  I expect the rate of new capital investments to slow down a bit from my usual pace at least for the next month or so while I build up savings, deal with medical costs, finance a full household expenses since my wife quit her job to be with our son, and since I work in the oil field a little extra buffer won't hurt considering the state of the patch right now.  So please bear with me while I get everything up to date between my own spreadsheets, Google spreadsheets, and around the blog.