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Archive for December, 2023

2023 portfolio results

December 30th, 2023 at 07:46 pm

Since the business year ended on 12/29 I was able to review my year-end numbers a couple of days early.

For the year, our portfolio was up $323,751.18.
That's a whole lot better than a year ago when we finished 2022 down $252,713.52.
It took 2 years to recover but we're now just above where we were on 12/31/21.
We're up 10.6% for the year.

2023 was the first full year I was per diem at work and was also the first year when we drew from our portfolio to support spending. We took out about $66,000 but I contributed about $9,000 to my 401k for a net withdrawal of about $57,000 which wasn't bad at all.

The plan is to work even less in 2024 and withdraw more from our portfolio.

I hope you all saw great growth in your portfolios in 2023 too. It was sure a heck of a lot better than 2022.

Happy New Year to all!

Happy holidays!

December 26th, 2023 at 01:06 am

 

I wrote a long post earlier today and when I hit submit it disappeared so I'll try to recreate it (and I'm doing it in my word processor this time just in case).

 

It's not quite time for the year-end wrap up post but figured I'd give some updates.

 

All is going pretty well. I'm finishing up my first full year of “semi-retirement”. I'm really not sure what else to call it. I went per diem in August 2022 meaning I no longer have a set schedule or required hours. Technically I am required to work 24 hours every 12 weeks but unless I consistently miss that mark, nobody will say anything. I've mostly worked 8 hrs/wk this year, some weeks 4, a couple of weeks 12, and several weeks zero. My plan for 2024 is to cut back to 4 hrs/wk. I just chose my January shifts yesterday so 16 hours scheduled for the month.

 

My wife is doing well and finally back in good health. Not 100% and never will be after 2 back surgeries and a lung surgery but her most recent labs had her inflammatory marker (C-reactive protein) normal for the first time since this began in early 2021. She has been crocheting up a storm, did quite well at a local craft fair in October, and has made numerous other sales, especially to our daughter's co-workers who keep ordering stuff from her.

 

Our daughter is enjoying her job and they love her. She's gradually taken on more responsibilities and helped them streamline workflow and improve processes.

 

My mom turned 93 in August. She's having more trouble with her back and an MRI in October showed a new herniated disc. She's had a couple more epidural injections since then but those really don't help. The only thing that helps a herniated disc, other than surgery, is time. It can take 4-6 months or more for those to heal. It's made it harder for her to manage and we finally increased her aide to 3 days a week and we are going over there more frequently to help out.

 

My ebay business is cruising along well. I have a running thread on the forums where I give monthly totals and periodic updates if anyone wants details. I enjoy going to the estate sales and finding treasures that I can flip for good profits. This year I had several of my all-time best sales so I must be on the right track.

 

Between my wife's health and my mom's, we didn't do any major traveling this year. We did try to do a number of day trips and earlier in the year a few overnight getaways. We have a trip planned to Riviera Maya in late February. I'm hoping things are stable here and that we are able to go as scheduled. It's a group of us going to celebrate a friend's 50th birthday.

 

Speaking of birthdays, my wife turned 60 last Sunday and we had a party for her the day before at a local distillery that we really like. The 3 of us along with 14 friends had a good time celebrating her.

 

The other thing we did this past week was sign up for new health insurance through the ACA. The premium will be about $1,000 less than we've been paying on COBRA though the out of pocket costs will be higher so that will be offset somewhat.

 

I'm looking forward to tallying up the year-end numbers for our portfolio, our spending, my ebay business, and everything else. At this point, I've got a pretty firm grasp on it all already but want to see the final numbers.

 

I guess that's all for now. I'll post again in January with a full 2023 wrap up.