Niemand's Journal

Where are you and where are you going?
niemand
Posts: 100
Joined: Sun Jan 03, 2016 3:18 am
Location: Woop Woop, Australia

Re: Niemand's Journal

Post by niemand »

Update after a few weeks of holidays.

Garden

In our absence, spring has come with a vengeance of weeds :shock: I've been trying to restore some semblance of order. In stark contrast to weed growth, I'm happy with the way the edibles are going.


Financials

Since this journal is now about a year old, it may be a good time to review some charts.

Asset Allocation

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There's some work to be done until my AA is where I want it to be. I'll keep cost-averaging from Cash into Stocks whilst growing my Cash stash every month via savings until I reach my target AA. Might take another 3-4 years. Sidenote: I don't consider my share of the family home, car or "stuff" as part of my assets.

Cash Base

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The starting Cash Base (on the very left of the chart) is my projected cumulated one-year FI Expenses.
If I had solely relied on passive income during the past 12 months, my monthly I expenses would have eroded my Cash Base down to 49% :( Still, 49% is an improvement over last month, due to increased bi-annual dividends, which in turn are due to a larger stock portfolio. My goal is to eventually maintain the Cash Base at >=100%. As of yet, my Rental Income and my Dividend Income are not sufficient to fund a life of leisure and renaissance.

Stock Portfolio

I continue to DCA into my dividend portfolio that will eventually provide half of the income I need to cover my projected FI expenses (the other half is covered by rental income). The portfolio goal is 25% complete. Milestone: Bi-annual dividends have crossed the 4-digit barrier. Woohoo!

Home Loan

The salary increase I received in July means the house will be ours faster since all additional salary is diverted into the home loan's offset account. Status: 24%.


Habits

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I'm in the process of establishing/enforcing above habits. My tracking system is loosely based on Benjamin Franklin’s 13-Virtue system. The items with upper case letters are priorities for me right now. I eventually dropped the Mediation habit as I just couldn't get myself to get started, maybe I'll add it back on day (when I'm more zen about it)...


Cocktail Fun

What can I say? If I remember them all, I had a Wild Rose (-), Cuba Libre (+), Gin Tonic (+), Bloodhound (+), Rum Rickey (-), Ward 8 (-) and a Gin Tonic Rhubarb Ginger (+).


Links
For reference, this is something I want to re-read and properly digest one day:
- Yields and Flows

niemand
Posts: 100
Joined: Sun Jan 03, 2016 3:18 am
Location: Woop Woop, Australia

Re: Niemand's Journal

Post by niemand »

Quick one.

Moola stats
Stock portfolio 27%
Home loan mortgage offset 26%
Cash base 49% - no change

Booze
People seem to like my Bloodhound cocktail, which is essentially a perfect Martini with muddled strawberries.

Plants
So far we've had one day with 40°C / 104°F. Summer is coming.

niemand
Posts: 100
Joined: Sun Jan 03, 2016 3:18 am
Location: Woop Woop, Australia

Re: Niemand's Journal

Post by niemand »

Stock portfolio 30%
Home loan mortgage offset 30%
Cash base 49% - no change

Harvest: Made a bottle of limoncello and 8 jars marmalade
Other: Had to evacuate from a bushfire - scary stuff, but no harm done

Gilberto de Piento
Posts: 1362
Joined: Tue Nov 12, 2013 10:23 pm

Re: Niemand's Journal

Post by Gilberto de Piento »

I'm glad you are doing OK. I have been following the fires, it is a very sad situation.

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