Portfolio Update February 2020: Bought 16 Stocks (1 New Buy)

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 stocks and ETFs portfolio as of 2/29/20:

Options Update: February 2020

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.

Assigned Options

I did not get assigned any options this month.

Income & Expenses For January 2020: Saved $13,688.77, 97.35% 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. For perspective, this budget is for a household of two in a small US city. 

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 January 2020. You can see all my monthly budgets here.

	Jan 2020
Income
Wages	$13,857.81
Dividends	$983.13
Other Income	$823.79
Total Income	$15,664.73
Expense
Federal Income Tax	$1,003.64
Federal Tax Pmt/(Refund)
FICA-SS	$485.57
FICA-Medicare	$113.56
Housing	$249.16
Student loan repayment	$46.41
Food	$34.08
Electric	$1.03
Water	$29.84
Gas/Heating	$12.67
Clothing/laundry
Total Expense	$1,975.96
Surplus/(Deficit)	$13,688.77
Before Tax Saving Rate	87.39%
After Tax Income	$14,061.96
Ex-Tax Total Expense	$373.19
After Tax Saving Rate	97.35%

Portfolio Update January 2020: Bought 23 Stocks (1 New Buy)

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 stocks and ETFs portfolio as of 1/31/20:

Net Worth Update January 2020: $1,799,343.70 (-$44,496.99, -2.41%)

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 1/1/2020	+ Cash inflow /(outflow)	+ $ P/L	= Ending Balance on 1/31/2020	% P/L	% Equity
ASSETS
Current assets
Cash	3,664.59	(10,116.11)	0.00	(6,451.52)	0.00%	-0.36%
Bonds	25,354.37	(17.64)	(95.81)	25,240.92	-0.38%	1.40%
Stocks	1,399,905.88	13,861.46	(44,670.29)	1,369,097.05	-3.19%	76.09%
Total current assets	1,428,924.84	3,727.71	(44,766.10)	1,387,886.45	-3.13%	77.13%
Tax-deferred retirement account	260,539.32	1,823.11	(4,373.73)	257,988.70	-1.68%	14.34%
Roth IRA	99,607.73	6,000.00	(4,196.97)	101,410.76	-4.21%	5.64%
Home	44,496.00		(3,496.00)	41,000.00	-7.86%	2.28%
Gold	16,338.09		775.44	17,113.53	4.75%	0.95%
Other non-current assets	291.49		76.59	368.08	26.28%	0.02%
Total assets	1,850,197.47	11,550.82	(55,980.77)	1,805,767.52	-3.03%	100.36%
LIABILITIES & EQUITY
Liabilities
Current liabilities	716.29	101.58	0.00	817.87		0.05%
Long-term liabilities
Student loan	5,640.49	(34.54)	0.00	5,605.95		0.31%
Other non-current liabilities	0.00	0.00	0.00	0.00		0.00%
Total liabilities	6,356.78	67.04	0.00	6,423.82		0.36%
Equity (net worth)	1,843,840.69	11,483.78	(55,980.77)	1,799,343.70	-3.04%	100.00%

Net worth: Bottom line up front, my net worth decreased by $44,496.99 -2.41% this month due to marked-to-market investment losses (-$56,132.69, -3.04%), partially offset by net cash inflow ($11,635.70, 063%).

Here is the breakdown of my balance sheet:

Options Update: January 2020

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.

Assigned Options

I did not get assigned any options this month.

2019 Review and New Goals for 2020!

2019 was overall a good year for me in terms of meeting the goals under my control, as well as my net worth goal easily in a strong bull market year, but I failed to meet my performance goal relative to the market, as well as my dividend income goal which was actually a blessing in disguise (more on that later).

A summary of all my goals since inception of this blog can be found under my Goals tab.

2019 Goals Revisited
I set 6 goals at the beginning of 2019 to meet by end of the year. The first four are financial and the last two to help me stay current and maintain a sharp mind. All of these goals are specific, measurable, achievable, realistic, and time-based (SMART).

1. Reach a net worth of $1,600,000.
2. Beat the S&P500TR.
3. Receive $19,000 in dividends.
4. Save 95% of my after-tax income.
5. Read 50 books.
6. Read the bible in one year.

Goal #1:
Reach a net worth of $1,600,000.

Achieved!