Journey to Total Freedom

Monday, May 3, 2021

Net Worth Update April 2021: $2,649,669.06 (+$91,761.93, +3.59%)

Welcome to my monthly net worth update! Here is how my assets, liabilities, and net worth have changed over the past month:

	Beginning balance on 4/1/2021	+ Cash inflow /(outflow)	+ $ P/L	= Ending Balance on 4/30/2021	% P/L	% Equity
ASSETS
Current assets
Cash	(16,278.67)	(24,213.77)	0.00	(40,492.44)	0.00%	-1.53%
Bonds	15,267.32	(2,521.07)	310.36	13,056.61	2.03%	0.49%
Stocks	2,014,773.01	32,238.34	68,919.47	2,115,930.82	3.42%	79.86%
Total current assets	2,013,761.66	5,503.50	69,229.83	2,088,494.99	3.44%	78.82%
Tax-deferred retirement account	335,036.41		16,786.43	351,822.84	5.01%	13.28%
Roth IRA	146,901.87		2,992.43	149,894.30	2.04%	5.66%
Home	46,868.00		(2,018.00)	44,850.00	-4.31%	1.69%
Gold	20,075.28		(1,012.38)	19,062.90	-5.04%	0.72%
Other non-current assets	1,090.76		48.77	1,139.53	4.47%	0.04%
Total assets	2,563,733.98	5,503.50	86,027.08	2,655,264.56	3.36%	100.21%
LIABILITIES & EQUITY
Liabilities
Current liabilities	298.14	(231.35)	0.00	66.79		0.00%
Long-term liabilities
Student loan	5,528.71	0.00	0.00	5,528.71		0.21%
Other non-current liabilities	0.00	0.00	0.00	0.00		0.00%
Total liabilities	5,826.85	(231.35)	0.00	5,595.50		0.21%
Equity (net worth)	2,557,907.13	5,734.85	86,027.08	2,649,669.06	3.36%	100.00%

Net worth: Bottom line up front, my net worth increased by $91,761.93, up 3.59% this month due to marked-to-market investment gains (+$86,027.08, +3.36%) and net cash inflow (+$5,734.85, +0.22%).

Here is the breakdown of my balance sheet:

Portfolio Update April 2021: Bought 15 Stocks (1 New Buy!) for $106,352.01, Sold 10 for $73,518.92, Net Inflow $32,833.09

The time has come for my monthly portfolio update. At the end of every month, I will update my portfolio and comment on any changes. I do that for accountability and also so you may glean some ideas on how I allocate my capital. You have the opportunity to learn from what I do well so you can do the same, as well as what I do poorly, so you will not have to repeat my mistakes.

Follow my real-time portfolio here. Below is a snapshot of my portfolio as of 4/30/21:

Options Update: April 2021

Welcome to my monthly options update!

Here, I shall write monthly options update articles to keep track of options trades in my portfolio. Each options update serves as a status report on the open options and the obligations I have. A running tally of all my options trades and income to date are found on the Options page.

This was a quiet month for me, as I did trade any options.

Assigned Options

No option got assigned this month.

Income & Expenses For March 2021: Saved $11,321.15, 99.19% of After-Tax Income

Since 2014, I have been tracking my monthly income and expenses. You can see a breakdown of every penny I earn and spend.

By documenting my journey, I aim to demonstrate the feasibility of saving a significant portion of your income and provide some ideas and inspiration for your own budget.

Below are my income and expenses for March 2021. You can see all my monthly budgets since 2014 here and here.

	2021-Mar
Income
Wages	$3,116.19
Dividends	$1,612.35
Other Income	$607.99
Total Income	$5,336.53
Expense
Federal Income Tax
Federal Tax Pmt/(Refund)	-$6,209.00
FICA-SS	$131.38
FICA-Medicare
Housing
Student loan repayment	$0.00
Food	$49.76
Gasoline
Car Insurance
Car Reg/Tax/Maint
Cell phone
Electric	$3.05
Water	$24.65
Gas/Heating	$12.65
Clothing/laundry
Donation
Amazon sale costs	$2.89
Ebay fee
Other Expense
Total Expense	-$5,984.63
Surplus/(Deficit)	$11,321.15
Before Tax Saving Rate	212.14%
After Tax Income	$11,414.15
Ex-Tax Total Expense	$93.00
After Tax Saving Rate	99.19%

Income

Net Worth Update March 2021: $2,557,907.04 (+$100,229.96, +4.08%)

Welcome to my monthly net worth update! Here is how my assets, liabilities, and net worth have changed over the past month:

	Beginning balance on 3/1/2021	+ Cash inflow /(outflow)	+ $ P/L	= Ending Balance on 3/31/2021	% P/L	% Equity
ASSETS
Current assets
Cash	(14,648.27)	(1,630.49)	0.00	(16,278.76)	0.00%	-0.64%
Bonds	15,392.73	(99.32)	(26.09)	15,267.32	-0.17%	0.60%
Stocks	1,926,856.46	16,911.47	71,005.08	2,014,773.01	3.69%	78.77%
Total current assets	1,927,600.92	15,181.66	70,978.99	2,013,761.57	3.68%	78.73%
Tax-deferred retirement account	320,736.27	1,533.18	12,766.96	335,036.41	3.98%	13.10%
Roth IRA	147,857.60	(6,000.00)	5,044.27	146,901.87	3.41%	5.74%
Home	47,388.00		(520.00)	46,868.00	-1.10%	1.83%
Gold	18,685.95		1,389.33	20,075.28	7.44%	0.78%
Other non-current assets	1,060.36		30.40	1,090.76	2.87%	0.04%
Total assets	2,463,329.10	10,714.84	89,689.95	2,563,733.89	3.64%	100.23%
LIABILITIES & EQUITY
Liabilities
Current liabilities	123.31	174.83	0.00	298.14		0.01%
Long-term liabilities
Student loan	5,528.71	0.00	0.00	5,528.71		0.22%
Other non-current liabilities	0.00	0.00	0.00	0.00		0.00%
Total liabilities	5,652.02	174.83	0.00	5,826.85		0.23%
Equity (net worth)	2,457,677.08	10,540.01	89,689.95	2,557,907.04	3.65%	100.00%

Net worth: Bottom line up front, my net worth increased by $100,229.96, up 4.08% this month due to marked-to-market investment gains (+$89,689.95, +3.65%) and net cash inflow (+$10,540.01, +0.43%).