September 2019
Assets:
Cash-Emerg Fund -$14,230
Cash-Kids Future fund -$18,445
Cash-Investing -$2,713
Super-$383,836(invested in cash)
Shares-$95,203
PM's-$86,464
Inv Property equity-$364k, $193,642 still owing
Home-$0 (as far as FI assets are concerned)
Total-$964,891
$8532 / Month increase since July.
Solar PV is starting to pay dividends, now over $1000 in credit with retailer. I'm keen to see how it goes over the sunny months.
I fitted a Second hand wood heater this winter and have been burning the free fire wood. Winter gas bill has dropped by 75%. Only using Gas for cooking and hot water now. I'm looking forward to getting the solar hot water system finished so I can get the gas disconnected.
Chooks have started laying again now that the weather is improving. Still riding the bike to work and getting a few Dollars for the side hustle.
Not to much else to report other than having reduced my cash savings a bit by buying some Pm's. Im looking forward to feeling comfortable investing into some income producing assets in the nearish future!
ChickenCoop's Scraps
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
January 2020
Assets:
Cash-Emerg Fund -$18,330
Cash-Kids Future fund -$20,579
Cash-Investing -$19,079
Cash-$3,000 (from side hustle)
Super-$395,200(invested in cash)
Shares-$97,716
PM's-$93,215
Inv Property equity-$367k, $190,601 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,014,119
$12,307 / Month increase since September.
In Jan I organized for my electricity credits to be paid in to my account, rather than sit with the retailer as a credit. So $1,501 credited to my Acc. It will work out to be about $1,500 per year.
I've been doing a lot of work with my side hustle, so haven't made much more progress on the solar hot water system ive been making.
The Rental has been vacant since December. The bathroom needs fixing and the house needs to be painted throughout. It will be another month or two before it can be tenanted again! The lost income plus the costs of the works will set me back a bit for the next little while.
Re health and wellbeing, Just coming out of a bad patch. really run down and burned out. got crook with Shingles and struggling a bit with anxiety. Doc gave me 3 options, See a mental health person, medication, or lifestyle changes(diet, exercise, sleep and reduce workload). I'm running with the third option at this stage. But the workload wont reduce much until I have the rental up and going again.
Doing 30 Mins exercise each day, alternating between swimming and riding. I feel better for it already.
Assets:
Cash-Emerg Fund -$18,330
Cash-Kids Future fund -$20,579
Cash-Investing -$19,079
Cash-$3,000 (from side hustle)
Super-$395,200(invested in cash)
Shares-$97,716
PM's-$93,215
Inv Property equity-$367k, $190,601 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,014,119
$12,307 / Month increase since September.
In Jan I organized for my electricity credits to be paid in to my account, rather than sit with the retailer as a credit. So $1,501 credited to my Acc. It will work out to be about $1,500 per year.
I've been doing a lot of work with my side hustle, so haven't made much more progress on the solar hot water system ive been making.
The Rental has been vacant since December. The bathroom needs fixing and the house needs to be painted throughout. It will be another month or two before it can be tenanted again! The lost income plus the costs of the works will set me back a bit for the next little while.
Re health and wellbeing, Just coming out of a bad patch. really run down and burned out. got crook with Shingles and struggling a bit with anxiety. Doc gave me 3 options, See a mental health person, medication, or lifestyle changes(diet, exercise, sleep and reduce workload). I'm running with the third option at this stage. But the workload wont reduce much until I have the rental up and going again.
Doing 30 Mins exercise each day, alternating between swimming and riding. I feel better for it already.
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
Feb 2020
Assets:
Cash-Emerg Fund -$18,754
Cash-Kids Future fund -$20,810
Cash-Investing -$21,705
Cash-$2,000 (from side hustle)
Super-$395,638(invested in cash)
Shares-$88,522
PM's-$97,129
Inv Property equity-$367k, $190,017 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,011,558
$2561 Decrease in Feb
@MEA, My mother went through a similar thing health wise years ago. Back then she wasn't coping with day today stuff very well. During this period she sold her investment property and didn't work for a while. She got back on top of things over a 12 month period and regretted selling up.
I'm hoping this will pass for me as well. I'm hanging in at work for now. I believe it is the extra stuff i've taken on that has been overloading me, rather than work.
I spent $1000 extra on food and supplies in case we a stuck at home for a while and cant go out because of the escalating COV-19 issues.
This is all stuff that will use/eat either way so not a waste if things smooth over. Ill add to this over the coming weeks if things head down hill.
Im still staying in cash mostly. My adviser has kept me up to date with things as they unfold re money market probs and financing issues for lots of companies. They Markets are still way over valued on his analysis. I'm staying with his recommendations.
Assets:
Cash-Emerg Fund -$18,754
Cash-Kids Future fund -$20,810
Cash-Investing -$21,705
Cash-$2,000 (from side hustle)
Super-$395,638(invested in cash)
Shares-$88,522
PM's-$97,129
Inv Property equity-$367k, $190,017 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,011,558
$2561 Decrease in Feb
@MEA, My mother went through a similar thing health wise years ago. Back then she wasn't coping with day today stuff very well. During this period she sold her investment property and didn't work for a while. She got back on top of things over a 12 month period and regretted selling up.
I'm hoping this will pass for me as well. I'm hanging in at work for now. I believe it is the extra stuff i've taken on that has been overloading me, rather than work.
I spent $1000 extra on food and supplies in case we a stuck at home for a while and cant go out because of the escalating COV-19 issues.
This is all stuff that will use/eat either way so not a waste if things smooth over. Ill add to this over the coming weeks if things head down hill.
Im still staying in cash mostly. My adviser has kept me up to date with things as they unfold re money market probs and financing issues for lots of companies. They Markets are still way over valued on his analysis. I'm staying with his recommendations.
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
March 2020
Assets:
Cash-Emerg Fund -$19,554
Cash-Kids Future fund -$21,210
Cash-Investing -$31,705
Cash-$0 (from side hustle)(spent on emerg supplies)
Super-$398,104(invested in cash)
Shares-$63,783
PM's-$106,600
Inv Property equity-$367k, $190,017 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,007,956
$3,602 Decrease in March
March was dedicated to getting organized for a Covid shitshow. Things like planting food, moving cash from weak financial institutions and getting the rental rentable.
The Rental has been vacant since December and was getting to be a burden financially. I have given the bathroom a makeover and fully furnished the place to set it up as a boarding house. My thoughts regarding setting it up as a boarding house rather than a regular rental are, being able to come and go to do repairs and check on the place and will be less likely to have the place totally vacant at any point. It would have needed carpets, drapes and a coat of paint inside to rent it properly, so figured I could get some funds in while it is still tired. I can see some problems with money collection and household disputes, but will see how it goes.
My headspace is a little better. Doing stuff like the house and garden seems to be helping. I think it's a sense of making progress or feeling like I'm getting on top of things. Whether I am or not, might be irrelevant.
Been eating to much take out food while fixing the house and not getting enough exercise, but I suppose digging a garden Is something.
I have borrowed 150k for equity investment. This will sit in an offset acc. so wont be paying any interest on it until I invest. I might not use this facility and certainly wont use it until I have used most of my existing cash allocation first. I would always keep 2 years living expenses in cash. I'll probably start purchasing equities in November at 10% of my cash position per month.
Assets:
Cash-Emerg Fund -$19,554
Cash-Kids Future fund -$21,210
Cash-Investing -$31,705
Cash-$0 (from side hustle)(spent on emerg supplies)
Super-$398,104(invested in cash)
Shares-$63,783
PM's-$106,600
Inv Property equity-$367k, $190,017 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,007,956
$3,602 Decrease in March
March was dedicated to getting organized for a Covid shitshow. Things like planting food, moving cash from weak financial institutions and getting the rental rentable.
The Rental has been vacant since December and was getting to be a burden financially. I have given the bathroom a makeover and fully furnished the place to set it up as a boarding house. My thoughts regarding setting it up as a boarding house rather than a regular rental are, being able to come and go to do repairs and check on the place and will be less likely to have the place totally vacant at any point. It would have needed carpets, drapes and a coat of paint inside to rent it properly, so figured I could get some funds in while it is still tired. I can see some problems with money collection and household disputes, but will see how it goes.
My headspace is a little better. Doing stuff like the house and garden seems to be helping. I think it's a sense of making progress or feeling like I'm getting on top of things. Whether I am or not, might be irrelevant.
Been eating to much take out food while fixing the house and not getting enough exercise, but I suppose digging a garden Is something.
I have borrowed 150k for equity investment. This will sit in an offset acc. so wont be paying any interest on it until I invest. I might not use this facility and certainly wont use it until I have used most of my existing cash allocation first. I would always keep 2 years living expenses in cash. I'll probably start purchasing equities in November at 10% of my cash position per month.
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
April 2020
Assets:
Cash-Emerg Fund -$17,600
Cash-Kids Future fund -$21,210
Cash-Investing -$109,000
Cash from side Hustle-$0.00 (No work from home atm).
Super-$400,000(invested in cash)
Shares-$2,000
PM's-$104,928
Inv Property equity-$368k, $189,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,022,738
$14,782 Increase in April
Finally have people living in the rental after 4.5 months empty. I hope they stay for a while. I've sold nearly all my shares and are just trying to save as much as I can. My partner lost her 3 day per week job due to WuFlu restrictions, so that will cut back savings a little for the foreseeable future. The side hustle work has dried up too. One bonus for the month was getting a $4k cash handout for moving my loan to another financial institution.
Assets:
Cash-Emerg Fund -$17,600
Cash-Kids Future fund -$21,210
Cash-Investing -$109,000
Cash from side Hustle-$0.00 (No work from home atm).
Super-$400,000(invested in cash)
Shares-$2,000
PM's-$104,928
Inv Property equity-$368k, $189,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,022,738
$14,782 Increase in April
Finally have people living in the rental after 4.5 months empty. I hope they stay for a while. I've sold nearly all my shares and are just trying to save as much as I can. My partner lost her 3 day per week job due to WuFlu restrictions, so that will cut back savings a little for the foreseeable future. The side hustle work has dried up too. One bonus for the month was getting a $4k cash handout for moving my loan to another financial institution.
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
July 2020
Assets:
Cash-Emerg Fund -$20,000
Cash-Kids Future fund -$22,200
Cash-Investing -$140,390
Cash from side Hustle-$1000
Super-$410,000(mostly in cash)
Shares-$12,104
PM's-$108,813
Inv Property equity-$369k, $188,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,083,507
$20,256 Increase per month since April
To Go:
$917,000 to go in 78 months($11,760 per month).
I've planted a few fruit trees and our newish chickens are laying. It's nice to be able to give a few eggs away to friends and family too.
Also looking forward to annual leave starting in a week. I want to work on the solar hot water I started 2 years ago! Hopefully I'll get it finished this time! Will post up some pics of the system if I can work out how.
Assets:
Cash-Emerg Fund -$20,000
Cash-Kids Future fund -$22,200
Cash-Investing -$140,390
Cash from side Hustle-$1000
Super-$410,000(mostly in cash)
Shares-$12,104
PM's-$108,813
Inv Property equity-$369k, $188,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,083,507
$20,256 Increase per month since April
To Go:
$917,000 to go in 78 months($11,760 per month).
I've planted a few fruit trees and our newish chickens are laying. It's nice to be able to give a few eggs away to friends and family too.
Also looking forward to annual leave starting in a week. I want to work on the solar hot water I started 2 years ago! Hopefully I'll get it finished this time! Will post up some pics of the system if I can work out how.
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
Finally getting back onto the DIY solar hot water system. Ive finished building the hot water store and have the 6 panels up and running. I still have to finish making the heat exchanger for the wood heater. It feels good to have it working from the sun at least. Non long before I can get the town gas disconnected, and start saving some money.
Here are some pics of the progress..
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
Here are some pics of the progress..
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
https://hosting.photobucket.com/images/ ... &crop=fill
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
Oct 2020
Assets:
Cash-Emerg Fund -$20,000
Cash-Kids Future fund -$23,600
Cash-Investing -$168,090
Cash from side Hustle-$2000
Super-$417,000(mostly in cash)
Shares-$15,300
PM's-$104,250
Inv Property equity-$371k, $186,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,121,240
$12,577 Increase per month since July
To Go:
$878,760 to go in 75 months($11,716 per month).
Assets:
Cash-Emerg Fund -$20,000
Cash-Kids Future fund -$23,600
Cash-Investing -$168,090
Cash from side Hustle-$2000
Super-$417,000(mostly in cash)
Shares-$15,300
PM's-$104,250
Inv Property equity-$371k, $186,000 still owing
Home-$0 (as far as FI assets are concerned)
Total-$1,121,240
$12,577 Increase per month since July
To Go:
$878,760 to go in 75 months($11,716 per month).
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ChickenCoop
- Posts: 36
- Joined: Thu Jun 21, 2018 3:45 pm
- Location: Australia
Re: ChickenCoop's Scraps
Feb 2023
Assets:
Cash-Emerg Fund -$22,077
Cash-Kids Future fund -$35,200
Cash-Investing -$64,121
Super-$475,687(60% in cash 40% in PM producing stocks)
Shares-$134,764
PM's-$214,764
Inv Property equity-$650k, nothing owing now.
Home-$0 (as far as FI assets are concerned)
Total-$1,596,613
$17,606 Increase per month since Nov 2020
To Go:
$403,387 to go in 46 months($8,769 per month).
Assets:
Cash-Emerg Fund -$22,077
Cash-Kids Future fund -$35,200
Cash-Investing -$64,121
Super-$475,687(60% in cash 40% in PM producing stocks)
Shares-$134,764
PM's-$214,764
Inv Property equity-$650k, nothing owing now.
Home-$0 (as far as FI assets are concerned)
Total-$1,596,613
$17,606 Increase per month since Nov 2020
To Go:
$403,387 to go in 46 months($8,769 per month).