Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: whyohwhyoh Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5069  
Subject: FIRE Update 2011 Date: 1/2/2012 1:24 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 8
2011 Update:
Net worth up 8.9% in 2011. [S&P +0%] (Net worth up 4.0X in past 8 years)

Current Portfolio:
25% Picked Stocks (9% net worth in WMT, PFE, CHK)
29% 401k Mutual Funds (75% S&P500 index fund)
11% Fixed Income (Cash Savings, Money Market)
126% California Real Estate (Our House Value*0.93)
-91% Mortgage 4.25% fixed 30yr

2011 Despite continued increases in W2 income, cash on hand dropped from 16% to 11% this year due to an extended expensive summer family vacation to Europe. Worth it, but will be focused on getting cash back up to 15% of NW this year. We refinanced again, no cost 4.25% 30yr fixed, rates just keep on dropping (previous rate was 4.5%). House appraised for about 7% over our 2009 purchase price; nice to see housing prices stabilize. Both kids still in and likely forever will be in private school, now 4yo and 6yo. Kids sure change financial outlooks. My job continues to remain stable with increasing income each year, but my industry will end at some point, 5 years, 10 years? … no one can predict. Fully funded my 401k this year.

2010 Update: NW +31% [S&P +13%]
http://boards.fool.com/fire-update-2010-28994598.aspx

2009 Update: NW +6% [S&P +23%]
http://boards.fool.com/Message.asp?mid=28279332

2008 Update: NW (-31%) [S&P -40%]
http://boards.fool.com/Message.asp?mid=27349532

2007 Update: NW +15% [S&P +6%]
http://boards.fool.com/Message.asp?mid=26243566

2006 Update: NW +23% [S&P +14%]
http://boards.fool.com/Message.asp?mid=24999370

2005 Update: NW +46% [S&P +3%]
http://boards.fool.com/Message.asp?mid=23507890

2004 Update: NW +82% (mostly home value increase) [S&P +9%]
http://boards.fool.com/Message.asp?mid=21842676

2003 Update: Net worth (NW) baseline = 1.0 (about 1.5X annual income at the time) at age of 29.
http://boards.fool.com/Message.asp?mid=20380221

--
whyohwhyoh
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement