My Financial Journey

Well another exciting month for the stock market and some more wild volatility. My nestegg has held up a little better than the market, as the SP500 fell 12.51% this month. My contributions were higher than normal – part of this is the timing of a 401k matching that hit my 401k this month and me taking advantage of some of the recent market downturn to purchase more of my favorite companies.

Going forward if things continue to fall I would expect some additional contributions by myself, but short of that it’s business as usual as I get to enjoy some extra time with my family due to the coronavirus outbreak.

M1 Taxable – $2,985.29(-5.27%)
Taxable Account- $77,178.66 (-9.96%)
Private Stock $72,000 (+0.00%)
Traditional Rollover IRA – $41,333.49(-16.59%)
My Roth IRA – $317,043.75(-10.30%)
Wife Roth IRA – $196,072.48(-10.89%)
Wife 401k – $3,882.67(-10.97%)
Traditional 401k – $443,019.06(-13.13%)

Roth/Traditional % = 44.48% (tax free)

Total Retirement Nest Egg $1,153,515.40(-11.15%)
Retirement Salary (4%) $46,140

Monthly Contributions $7,465.89(401k) $1,000(M1) $2,000 (Taxable)
SP500 Performance -12.51%
My Monthly Investment Performance -11.95% (+0.56% vs SP500)
My Monthly Individual Stocks Performance -11.70% (+0.81% vs SP500)

Well February was an exciting month. My nestegg hit two new milestones in the same month going north of $1.4M and $1.5M in the same month and then the last week of the month dropping over $200,000 from the high to actually finish down from the prior month.

My individual stocks still outperformed the market by a wide margin, which is actually surprising since they have done so well for so long and I have many high fliers that would expect would fall harder/faster than the market in general. I also added a new account over at M1 Finance that I am testing out so you will see a new taxable account in my report going forward.

I actually missed out on the fun last week as I was on a family vacation and really didn’t get to see the effect of the drop from last week until I filled out this report. The little bit that I saw on the tvs at the airport made me think the sky was falling and I’d be pennyless when I flew back home. The end result is my nestegg has fallen all the way back to what it was the middle of January (6 weeks ago) – which is still $400,000 higher than it was last January. I think life will go on 🙂 Don’t waste any of your time watching the news and worry about things that matter (hint you’ll never hear it in the news)

M1 Taxable – $3,151.51 (+100%)
Taxable Account- $85,717.63(-2.42%)
Private Stock $72,000 (+0.00%)
Traditional Rollover IRA – $49,554.65(-5.02%)
My Roth IRA – $353,455.00(-2.26%)
Wife Roth IRA – $220,021.24(-2.08%)
Wife 401k – $4,360.97(-8.26%)
Traditional 401k – $509,976.65(-7.40%)

Roth/Traditional % = 44.17% (tax free)

Total Retirement Nest Egg $1,298,237.65(-4.34%)
Retirement Salary (4%) $51,929

Monthly Contributions $903.32(401k) $3400 (M1)
SP500 Performance -8.41%
My Monthly Investment Performance -4.42% (+3.99% vs SP500)
My Monthly Individual Stocks Performance -2.46% (+5.95% vs SP500)

Well it happened. Two interim reports in the same month. Just 15 days after my nesetegg passed $1.4M it is now north of $1.5M. It is going to get to a point here shortly where it will be hard for me to keep track of $100k milestones as they will happen so quickly and I may have to start doing $250k reports once we hit $2M.

Once again this report was driven by a large run up in my individual stocks namely Tesla, Shopify, and Netflix.

Taxable Account- $110,750.62
Private Stock $72,000
Traditional Rollover IRA – $58,172.38
My Roth IRA – $430,752.57
Wife Roth IRA – $262,244.73
Wife 401k – $4,971.41
Traditional 401k – $576,470.18

Roth/Traditional % = 45.73% (tax free)

Total Retirement Nest Egg $1,515,361.90
Retirement Salary (4%) $60,614

$100,000 NestEgg Milestones

Well still not in the same month, but just 21 days after my last 100k milestone report our nestegg cracked through the 1.4M milestone. In fact my nestegg grew by over $61,000 since yesterday’s month end report.

The market was actually down over both my last two milestone reports, but my nestegg has now put on over $200,000 in less than 2 months while the market is down about 5% during that period. This is due to my individual stocks having a very good performance driven primarily by Tesla. In fact as I write this report in pre-market trading Tesla is on pace to add another $40,000 to my nestegg alone today.

Obviously in the short term this means nothing and my portfolio can and will fluctuate up and down, but over the long term I feel pretty good. Hope to be writing the $1.5M milestone report in a few weeks.

Taxable Account- $97,983.80
Private Stock $72,000
Traditional Rollover IRA – $53,575.26
My Roth IRA – $383,946.99
Wife Roth IRA – $236,151.33
Wife 401k – $4,788.08
Traditional 401k – $555,758.52

Roth/Traditional % = 44.16% (tax free)

Total Retirement Nest Egg $1,404,203.98
Retirement Salary (4%) $56,168

$100,000 NestEgg Milestones

Well a flat and slightly down month for the market to kick of 2020 and my retirement nestegg had its best performance in history. It increased by over $105,000 and my investments crushed the market. Most of this can be explained away by the performance of Tesla stock over the last month, but a number of my other individual stocks have also had very nice performance. This has me starting out 2020 besting the market with over a 17% lead. Now granted as we have seen Tesla has and will continue to be a volatile stock so I won’t put to much weight in a single months performance but overall investments like Tesla over the long term have allowed me to have market beating returns over in my investing history. It’s also cool to have a month where my nestegg increased by a value that was greater than I was able to accumulate the first 30 years of my life.

Taxable Account- $87,844.73(+25.37%)
Private Stock $72,000 (+0.00%)
Traditional Rollover IRA – $52,172.96(+18.61%)
My Roth IRA – $361,613.94(+17.66%)
Wife Roth IRA – $224,703.41(+15.10%)
Wife 401k – $4,753.63(-0.07%)
Traditional 401k – $550,737.69(-0.75%)

Roth/Traditional % = 43.31% (tax free)

Total Retirement Nest Egg $1,353,826.36(+8.46%)$
Retirement Salary (4%) $54,153

Monthly Contributions $903.32(401k)
SP500 Performance -0.16%
My Monthly Investment Performance +8.38% (+8.54% vs SP500)
My Monthly Individual Stocks Performance +17.79% (+17.95% vs SP500)