Delayed update this month as I was out of town on work matters. But, August is done and so is 66% of the year 2018….somehow the year seems to have slipped by stealthily!! How much closer did I get to my financial independence targets? Lets look at the numbers for August and find out.
Emergency Fund | |
College Fund | |
Passive Income (2017 vs 2018) | |
Retirement Fund | |
Roof for our Family($750K) | 00.00% |
Medical Fund (via HSA) | |
Life Insurance | Done (term life insurance policy) |
Main Takeaways this month
- Passive Income Stream
- My passive Income for August 2018 is much higher than August 2017. It is expected to be so ๐
- 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 monthly 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 August is 29% moreย than 2017….just distributed differently.
- My passive Income for August 2018 is much higher than August 2017. It is expected to be so ๐
- Additional Investments
- Investments in taxable accounts
- Nothing new to report here as I am out of cash ๐
- Unplanned vehicle maintenance has taken a chunk of money out of emergency funds again. So priority is to rebuild my emergency fund.
- Investments in tax-deferred account (IRA)
- No cash here too ๐
- Investments in taxable accounts
- Miscellaneous
- Nothing.