Financial Independence Progress Report for July 2018

July has come and gone and August is almost half way done and I am late with my monthly report!! Jeez…time flies fast. I was out of town for work related matters and it was a tiring one. But, post coming back, counting dividends for the month of July was definitely helpful to break out of the funk! So, lets look at the numbers.

Emergency Fund 38.78% 20.73%
College Fund 53.70% 55.80%
Passive Income (2017 vs 2018) $486.86(7/2017) $1233.78 (7/2018)
Retirement Fund 85.73% 87.38%
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 July 2018 is much higher than July 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 July is 33% more than 2017….just distributed differently.
  • Additional Investments
    • Investments in taxable accounts
      • Nothing new to report here as I am out of cash 😐
      • Unplanned vehicle maintenance has taken a chunk of money out of emergency funds again.
      • So priority is to rebuild my emergency fund now.
    • Investments in tax-deferred account (IRA)
      • Bought some more of VIHAX (International High Dividend) to dollar cost average down.
  • Miscellaneous
    • Nothing.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s