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1Q 2015 Checkup

April 10th, 2015 at 08:51 am

Quick snapshot of the financial situation as of close of business 9-Apr-15:

Cash: $16,297.63

Home: $169,378 minus ($129,766.66) mortgage = $39,611.34 equity

Car: $13,900

Investments: $749,901.40

- 401(k): $113,746.98
- Roth IRA: $115,696.03
- Rollover IRA: $65,449.31
- Rollover IRA Brokerage: $9818.84
- HSA: $1132.78 (currently in cash; need $2500 minimum balance to invest)
- Taxable: $149,983.61
- Stock Options: $294,073.85 vested (out of $504,931.90 total)

Net Worth: $819,710.37

In recent weeks/months, I've made the following adjustments to my portfolio:

- Swapped 20% of my 401(k) from Vanguard Institutional Index (VINIX) to Vanguard Extended Market Index (VEXAX) to approximate the Vanguard Total Stock Market Index (VTSAX, which I can't get directly in my 401(k)), and balanced my future contributions to be an 80/20 split.

- Seeded $11K from money market into a taxable VTSAX holding, and will henceforth be using that instead of my S&P500 holding, which I'm retiring.

- Increased my taxable investments from $400/week to $500/week -- because I got a raise and bonus at the end of last year, and what else am I gonna do with it? :P

- Killed my (brand-new Frown) traditional IRA. I apparently make too much money to take the deduction now.

- I want my domestic to international equities ratio to be 2:1, but I'm at 2.76:1 right now, so I'm aggressively rebalancing my AA more towards international without triggering taxes. All of my Roth IRA and 80% of my taxable contributions are going towards Vanguard Total International (VTIAX). If this approach is taking too long (e.g. if by next quarter that ratio has barely shifted), I might buy/sell within my Roth space, or rebalance my 401(k) contributions.

I set a goal in Mint where I called reaching $1M in assets (excluding home/car equity and HSA) "FIRE", and the projected completion date is sometime in 2017 (April 27 at the moment, but it jumps around a lot). I love the fact that market appreciation is actually dwarfing my (fairly substantial) monthly contributions. Go Go Gadget Compound Interest!

2 Responses to “1Q 2015 Checkup”

  1. NJDebbie Says:

    Impressive!!!

  2. snafu Says:

    Sounds excellent given current economy and I wish others would realize that they need to make adjustments from time to time given age and economic outlooks. The market bounces, it's supposed to lol. This year I've been buying as close to 100 MF units as I can figure any day the market drops significantly.. I'll re-evaluate at the end of June because my income will change at that point.

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