the dollar journal

Where are you and where are you going?
thedollar
Posts: 90
Joined: Tue Feb 21, 2017 4:07 am

Re: the dollar journal

Post by thedollar » Sat Aug 03, 2019 2:03 am

July 2019 update

Financials
NW increased over USD 50,000 due to the market. Expenses have been around 1.5x normal during the last couple of months and I hope to return to my normal expense level from this month out. Feel like I'm some times bribing myself to stay in my current job. Dividend income was much higher for July than last year. At some point last year I invested in Gazprom expecting a high dividend yield on my investment - and apparently they doubled their dividend paid out in July (!).

Weight
Weight expressed in BMI increased a bit to 22.6 up from 22.5. After weeks of vacation I was actually okay with a small increase. In August I aim to continue the diet and also start exercising a bit.

Job
It's been hard to come back after the summer vacation. My motivation has been very low, especially since I already received a raise for H1. Probably I'll be more motivated during November and December when I know it's time to negotiate again.

Other
I hope to start up a few learning projects out of interest during the remaining time of 2019. There's just not a lot of time to do anything other than go to work and use free time to recharge sadly so we'll see how it goes.

thedollar
Posts: 90
Joined: Tue Feb 21, 2017 4:07 am

Re: the dollar journal

Post by thedollar » Thu Sep 26, 2019 3:25 pm

UPDATE: trying to get a bit serious these days...

Main objectives
  • Keep job (pretty much the opposite of the forum objective, huh?) - believe there is a potential for me to increase my pay substantially this and next year
  • Steady, monthly investments in index funds
  • Locate and invest in more real estate if possible/lucrative
Asset allocation
I am increasing index fund holdings each month and have recently started investing in real estate. I need to invest some of my cash if I want to reach my target (see outlook below).
Image

NW delta
I found it interesting how my networth fluctuates. Since I put more money in the market each month fluctuations should get even larger.
Image

Looking towards 2030
An outlook on the cash flow I expect going forward attached below (not adjusted for expenses and taxes). If all goes well job income, dividends from stocks and real estate should increase massively from next year. Real estate investments yield quite a nice dividend (5%) compared to stocks these days (2%). The new investment will make for a nice concurrent cash flow base. Please do not pay attention to historic data as it may be slightly inaccurate.

Assumptions (increases start from 2021):
- All numbers adjusted for inflation
- Yearly pay increase: 3%
- Yearly dividend increase: 10%
- Yearly real estate income increase: 0%
- Yearly expense increase: 10%

Image

2030 outlook - passive and job income parity
Below graph illustrates that job income and passive income will reach parity already from next year!!
Image



Seeing above graphs makes me realize a few things...:
  • My career has picked up speed this past year
  • A major windfall has made the aggressive ramp up of passive income to come possible
  • May not reach passive income goals next year due to aggressiveness (shooting for the stars)

herp
Posts: 142
Joined: Sat Apr 08, 2017 1:11 pm

Re: the dollar journal

Post by herp » Thu Sep 26, 2019 4:47 pm

Thanks for the detailed update! Looks like you're doing extremely well, if I may say so. FIRE is definitely within your reach.

wizards
Posts: 119
Joined: Sun Mar 31, 2013 8:24 pm
Location: Denmark

Re: the dollar journal

Post by wizards » Fri Sep 27, 2019 6:00 am

You're doing well for sure :)

What kind of real estate investments are you invested in? (if you don't mind sharing).

thedollar
Posts: 90
Joined: Tue Feb 21, 2017 4:07 am

Re: the dollar journal

Post by thedollar » Fri Nov 01, 2019 11:45 am

October Update

Cashflow:
Expenses: $1,841
Dividends: $872 (+69% YoY)
Dividends TTM: $1710 (+$30 MoM)

Total networth gain (loss): +$35.538

Investment allocation
Equities: 44.3%
Real estate: 17.9%
Cash: 37.8%

thedollar
Posts: 90
Joined: Tue Feb 21, 2017 4:07 am

Re: the dollar journal

Post by thedollar » Fri Nov 01, 2019 11:50 am

@Wizards

It's simply an investment fund (buying properties in the larger cities - not one of the wellknown providers though) since I don't have the time/skills to do it myself yet. Expected total return is 10% with 5% being paid out each year.

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