Monthly Financial Update – January 1, 2018

MonthlyUpdatePiggyBank

The Monthly Financial Update gives our readers an inside look at the allocation and performance of our personal portfolio. At the beginning of each month, we share a snapshot of our investments and highlight their performance over the previous month. In addition, we compute our progress towards achieving our retirement number.

A Solid End To 2017

2017 was an amazing year for our investment portfolio. In all, we increased our net worth by a whopping 42%. That really blows my mind! I never imagined we'd have such huge gains. Early in 2017 is when we first decided we'd like to retire early. We'd always been great savers and decent investors, but we had never really discussed our exit from the work force. Once we did, we became laser focused.  We were on a mission. We analyzed our finances and refocused on investing. So far, it looks like our hard work is paying off. This past month we increased our net worth by 2.93%. We have now saved 33.1% of our retirement number!

Check out our performance in the table below.

The Numbers

AccountsPortfolio AllocationChange In Value (Dec-Jan)
Liquid Funds1.8%-35.2%
High-Yield Savings9.7%0%
REITs1.6%0%
401(k)s51.6%2.8%
IRAs2.7%1.9%
HSA0%0%
Cryptocurrencies0.1%76.8%
P2P Lending0.3%-1.5%
Taxable Stock Investments32.2%7.4%
Debt0%-81.9%
Total =100%

Portfolio Allocation = Current asset distribution of our portfolio
Investment Performance = Change in account value due to asset appreciation/depreciation, deposits, and withdrawals

Growth Toward Retirement

Tools To Get You Started

Get a head start on your journey toward achieving financial independence by analyzing and tracking your income, expenses, investment performance, and overall net worth with the free online wealth management tool Personal Capital.

We use Personal Capital regularly to analyze our investment fees, track our investments, and project our net worth. We also periodically review our progress toward retirement with their retirement planning calculator.

If you’d rather do things on your own, become a subscriber today and you’ll receive our Free Financial Planning Dashboard. This tool allows you to enter your income and expenses to create a detailed budget. You can use it to track your spending habits over time or just to get an idea of where your money is going each month.  Take a look at the automatically generated charts and you may discover you have a little more cash to invest than you thought.

If you’re interested in detailed instructions on how to budget, save, pay off debt, and invest, check out The 6 Phases of Building Wealth. This book provides step-by-step instructions for working through each “Phase” in the process of achieving Financial Freedom. If you're just starting out, the information in this book will provide you with an invaluable resource. You can pick up the digital version for only $2.99 on Amazon.

Disclosure: Some of the links found on this website may be affiliate links. Affiliate links pay GGD a small commission when you click through and/or make a purchase. This is at zero additional cost to you.
Full Disclaimer/Disclosure

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Subscribe today to receive your Free GoGreenDollar Financial Planning Dashboard!
We hate spam. Your email address will not be sold or shared with anyone else.

Posted in Monthly Financial Update and tagged , .
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments