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.
July 4th, 2023 at 08:04 pm 1688501066
July 4th, 2023 at 08:08 pm 1688501318
To some extent it doesn't matter, but as I said, a lot of this income is in our taxable accounts so it's important for tax purposes. It didn't matter much back when rates were 0.5% or 1% but now that we have a lot of money earning as much as 5.3%, it becomes more significant. We've got over 600K in CDs and Treasuries throwing off a lot of interest. But I'm also semi-retired so we need some of that income to live on.
July 30th, 2023 at 05:40 pm 1690738837