Financial Independence Progress Report for June 2018

June is traditionally the second biggest month of the year for dividends.  But, since my portfolio rework over March and April of this year, dividends are going to look different than prior years. Dividends will be more stable and divided evenly across all months of the year. June will still be the second biggest month, but will be less in absolute numbers compared to prior years. Let us see how the numbers look for June 2018.

6/08/2018
Emergency Fund 34.67% 28.78%
College Fund 53.79% 53.70%
Passive Income (2017 vs 2018) $2389.89(6/2017) $1721.47 (6/2018)
Retirement Fund 83.01% 85.73%
Roof for our Family($750K) 00.00%
Medical Fund (via HSA) 9.82% 9.79%
Life Insurance Done (term life insurance policy)

Main Takeaways this month

  • Passive Income Stream
    • My passive Income for June 2018 is approximately 27% lower than June 2017. It is expected to be so 🙂
      • In March an April, I redistributed where my funds are invested. Cashed out some gains and converted quarterly dividends to monthly and more importantly more stable and tax efficient dividends.
      • The June, September and December dividends are going to be much less. But, the total dividends for the entire year will be higher though.
      • Compared to this time last year, the total dividends this year through end of June is 21% more than 2017….just distributed differently.
  • Additional Investments
    • Investments in taxable accounts
      • Nothing new to report here as I am out of cash 😐
      • Loaned out some emergency fund money to a friend who had an emergency….so priority is to rebuild my emergency fund now.
    • Investments in tax-deferred account (IRA)
      • I bought some more of VIHAX (International High Dividend) and VTIAX (International index). Both are down a few % points this year and I took advantage of this to dollar cost average down my investments.
  • Miscellaneous
    • Last month I said this…..
      • I have started a new way of tracking numbers for the next phase of my financial independence journey…will talk about this over the next couple of weeks.
    • Found an error in my tracking spreadsheet and had to make some changes. So decided to push the date by a couple of weeks to test drive it a bit more. Will update the blog soon.
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