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Archive for July, 2023

Mid year update

July 4th, 2023 at 06:51 pm

I see that others have been posting similar things so I'll add mine.

Numbers are as of 6/30/23

Our portfolio is up by $183,259.19. That still puts us $69,454.13 behind where we were on 12/31/21 but at least there's been a decent recovery. Total now stands at $3,232.879.01.

For the first 6 months of the year, our portfolio income came to $30,244.20 (interest, dividends, capital gains). If that extrapolates out for the year, that will be about $60,500 in income, plus any year-end distributions which are always unpredictable. Thanks to higher interest rates, that's higher than the number I had used in my planning and projections. Of course, that also means a bigger tax bill since much of that is taxable, but that's okay. I'd rather make the money and pay the taxes.

Otherwise, things are cruising along about the same. Spending was on track, though in the past few weeks we've had some big expenses like a couple of car repairs, new appliances, and some plumbing work, but those were all one-off things.