Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (5) | 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 5076  
Subject: FIRE Update 2013 Date: 1/6/2014 12:33 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 9
2013 Update:
Net worth up 37% in 2013. [S&P +30%] (Net worth up 6.5X in past 10 years) a crazy 10 year ride so far.

Current Portfolio:
31% Picked Stocks (7% net worth in PFE, BMY,WMT) (13% company stock, after tax)
32% 401k Mutual Funds (70% S&P500 index fund)
10% Fixed Income (Cash Savings, Money Market, I-bonds)
80% California Real Estate (Our House Value*0.93)
-53% Mortgage 3.625% fixed 30yr

2013: 39 years old now. Monster year in the stock market with the S&P up 30%. We quickly moved right past the 1E6 mark and beyond this year, an accomplishment that I’ve only shared with my wife and mother.

Managed to get our fixed income to 10% up from 8% last year, as a more solid e-fund. My stock picking did very well this year, and my company stock which I’m heavily invested in jumped around 100% this year. I sell as much as I can, based on various vesting schedules. Fully funded 401k, did back door Roth in wife’s name, and maxed I-bonds at $10k this year. I don’t expect this next year to be near as good, both in the markets, and our expenses will be higher due to an all summer long vacation planned for the wife and kids, I’ll join them for a month of it. My job continues to be stable, and now have nearly 6 weeks vacation/year.

In 2016 I plan to take a 3 month leave of absence if all continue to go well. A little FI reward. Longer term, looking to FIRE in another 10 years… but after this crazy year, hoping to pull that in. But with 2 kids in private school, 6yo, 8yo, long time before they are through college. Also started a little $200/hr small consulting gig on the side for fun. Testing it out to see if I want to expand in the future as a semi-retire option. It’s looking promising so far, but just using the money to fund my hobbies for now.

2012 Update: NW +20% [S&P +13%]
http://boards.fool.com/fire-update-2012-30479985.aspx

2011 Update: NW +9% [S&P +0%]
http://boards.fool.com/fire-update-2011-29755919.aspx

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)
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 (5) | 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."
Post of the Day:
Macro Economics

Implications of the Ballad of Ted Plotz
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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