|United States Dollar - USD|
|0 - 9,999|
|Cost Of Living|
|High Cost Of Living (HCOL)|
|[6-23] Portfolio was down 27% in 2022, so we cut back the spending level.|
[10-12-21] Retired in 2021
[10/20/17] update with some old data put back now that the site fixed the graph issue. Looking back over the years, I figured that I'm basically getting an 8% return coupled with saving 8K to 10K of my income every month.
[5/26/17] set a preliminary date for early retirement in 26 months.
[4/5/17] not updated for over a year since I have to tracking with Personal Capital lately, this is still good place for comparisons.
Married for 12 years, no kid. I started working in 1997, saved about 100k in IRA, then I was trading too much and that account went to maybe 30k. In 2003, due to some difficult time at my place of work, we were down to about less than $100 in savings besides my IRA. That's when I started a freedom fund saving for rainy days. Did that for the next 4 years before started invest again. Much more buy and hold. [2017 goal met but I decide to keep going since work is still fun and maybe we will target early retirement instead of a year off ]
|Why I Joined|
|It is very insightful comparing with others and try to figure out where I fell short. Prior to joining NS, I was with networthIQ but they stopped maintaining it. I'm very happy I've found a new community.|
|Best Financial Decision|
|Kept on investing, save for freedom fund using INGDIRECT (aka 360); Living on budget using one paycheck only, save spouse's paycheck for the future.|
|Worst Financial Decision|
|trade too frequently|
|Current Investing Strategy|
|Starts to invest some of the cash we have (Spouse was very conservative, little too conservative for our age) into S&P 500 index fund (VOO) and Muni fund (HYD). Rest of the portifolio is in stocks.|
For the retirement account, I'm moving most to lowest cost index funds and let it grow for the next 20 or so years while I max out on the contribution each year.
|How do you manage your finances?|
|Paper and google,|
|What tools do you use?|
|YNAB (added in 2021) excel (removed Mint and Personal Capital)|
|I need financial help with...|
|Bond and others area of investment|
|reading all kind of books|