Financial Independence Progress Report for January 2016

Happy new year everyone! May 2016 bring you closer to all your goals, with a good helping of peace and prosperity.

01/31/2016
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 38.08% 37.11%
Passive Income Streams ($4000 pm) $557.78 pm (01/2015)% $592.90 pm (1/2016)
Retirement Fund ($900K) 57.76% 56.02%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

2016 started off with a bang huh…;-) Yes…just like the whole world, my entire stock portfolio took a beating in January…college fund, retirement fund, and passive income mutual funds…all of them got beat.

In addition, the company I worked in got bought over and the buyer decided to conduct a massive layoff. I was impacted as well. Losing to job to start the new year, with no severance to boot, is definitely not the way I wanted to start the new year….but, hey, life has to move on right? Onto the next job. Thankfully, I had two weeks of vacation left over and I got paid for that. This event has reinforced my decision to reach for Financial Independence and I am now more motivated to reach FI now.

Now, for some good news.

  • Surprise winner for January
    • The only surprise winner that stayed positive in all of this, inspite of the Fed raising interest rates, was VCADX…my California MUNI bond fund that is part of my tax efficient passive income streams. Looks like the fear of stock market tanking is driving the bond fund up. Anyways, I am not selling this fund now but if I did, I would get decent capital gains 😉
  • Dollar Cost Averaging
    • Since the market had huge dips of multi-hundred points on many days, I took full advantage of this and boosted my investments to dollar cost average VDIGX, VHDYX and VTMGX. I contributed all of my vacation payout from my job loss towards this. Infact,   I contributed more towards VTMGX (Vanguard Developed Markets Index Fund….my non-US exposure mutual fund). I want to have some of my passive income streams to not come from US companies. VTMGX diversifies my passive income streams to include companies from Greater Europe, Greater Asia and a bit from Canada.
  • Passive Income Streams
    • Passive income for January 2016 ($592.90) continued the winning trend vs January of last year ($557.78).
    • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
      • Total passive income is a sum of dividends + capital gains distributions.
      • January Passive Income = (total passive income in this year) / 12 == $49.41
      • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
    • My final FI goal for passive income is $4000 per month (pm). This is going to take a while. So, my intermediate goal is to get $1000 pm in passive income first. How close am I to $1000 pm?
      • I ended last year with a monthly passive income of $621 (averaged out).
      • Assuming a 3% dividend return and a conservative 0% dividend growth, it will probably take me at least 3 more years to reach $1000 pm with a chunky sized investment each year. After reaching that, I plan to pretty much leave the investments on auto pilot. Wish me good luck 🙂
      • Imagine taking the $1000 passive income per month and investing it back into the passive income streams….income compounding will kick start in a hurry….eagerly waiting for that day!

2016 Goals and Quarterly Updates

NOTE: Quarterly Numbers Updated on 12/30/2016…

I started my humble journey towards Financial Independence in 2014. But, I really did not have any formal goals for 2014. I just wanted to create multiple passive income streams, protect my family with life insurance, etc. I established what Financial Independence means to me and what the goals were. I accomplished all the implicit goals I had for 2014.

For 2015, I was a little bit more formal about goal setting and set my 2015 goals and updated my progress quarterly (here). In addition, I also tracked my progress via a Monthly Progress Report (here). At the end of year 2015, I reviewed my progress towards FI and I was happy to have reached and/or exceeded most goals I set (here). I did fail to reach some goals and they will be rolled over to 2016 (below).

For 2016, I have achieved most of the goals I set out for myself. The two goals where I failed badly are: Keep eating expenses under $200 per month & Estate planning. I will try again this year.

The Financial Independence criterion for me are:

Financial Independence Criterion
Emergency Fund $72k $60k (as of 2016)
College Fund $80k
Passive Income Streams $4000 per month
Retirement Fund $900k
Roof for our Family $750k….HCOL area 😦
Medical Fund $100k
Life Insurance To protect my earning years…..

For 2016, I have thought about the following goals to get me closer to the above financial independence goals.

  1. Keep scouting for a possible home
    1. 03/31/2016        Not much scouting done…job hunting kept me busy
    2. 06/30/2016       Went to two open houses….prices are un-affordable still….
    3. 09/30/2016       Went to three open houses….prices are even more un-affordable…..
    4. 12/31/2016        Decided to wait for interest rates to go up and prices to go down…
  2. Contribute $9600 towards Home Downpayment Fund
    1. 03/31/2016           $3100/$9600 done                         $6500 remaining
    2. 06/30/2016          $5314/$9600 done                         $4286 remaining        
    3. 09/30/2016         $8495/$9600 done                         $1105 remaining
    4. 12/31/2016           Done
  3. Contribute $2400 to 529 College Fund 2 DONE (03/2016)
    1. Vanguard 529 Plan
      1. 03/31/2016        $3k/$2.4k done   Minimum investment 3k
      2. 06/30/2016       Done            
      3. 09/30/2016       n/a 
      4. 12/31/2016    
  4. Contribute $4800 to 529 College Fund 1
    1. Vanguard 529 Plan
        1. 03/31/2016        $1400/$4800 done   $3400 remaining
        2. 06/30/2016       $2400/$4800 done   $2400 remaining    
        3. 09/30/2016       $3600/$4800 done   $1200 remaining
        4. 12/31/2016        Done    
    • Contribute $16k to Passive Income Streams (stretch goal of $24k) DONE (03/31/2016)
      1. VCADX, VWIUX,VTMFX, VWELX,VDIGX, VHDYX, VTCLX, VTMSX, VTMGX
        1. 03/31/2016        $36k/$16k done       $0K (severance,tax refund, espp)
        2. 06/30/2016       Done
        3. 09/30/2016       n/a  
        4. 12/31/2016
    • Max out 401k contributions for both me and my wife.
      1. 2016 401k limit is $18000 per person => $36k contributions for family
        1. 03/31/2016        $8.6k/$36k done         $27.04k remaining
        2. 06/30/2016        $27k/$36k done          $8.97k remaining
        3. 09/30/2016        $32k/$36k done          $4k remaining
        4. 12/31/2016         Done
    • Keep eating out expenses under $200 pm
      1. Last year, it ballooned to $377 pm..
        1. 03/31/2016    $356 pm     ….job hunting lunches 😦
        2. 06/30/2016   $393 pm     ….still out of control…need to tighten up….. 
        3. 09/30/2016   $362.53       ….not much improvement….$30 pm is less  
        4. 12/31/2016    Failed badly….     
    • Start and finish Estate Planning
      1. Will, POD beneficiaries, Caretaker for our child, etc
        1. 03/31/2016  No progress yet      
        2. 06/30/2016  No progress yet        
        3. 09/30/2016  No progress yet      
        4. 12/31/2016   Motivation lacking….perhaps due to tough choices…
    • Get a more stable job. DONE (03/2016)
      1. Current job is on very shaky foundations
        1. 03/31/2016  New job yeah!!      
        2. 06/30/2016  3 months into new job…doing okay.      
        3. 09/30/2016  6 months into new job…doing okay.      
        4. 12/31/2016  9 months into new job…doing okay     

2015: Year-end Review

2014 is when I started my journey towards Financial Independence. I did not have a formal set of goals, but I did define what Financial Independence means to me (here).

2015 was the first year where I had a formal set of goals. For 2015, I the following goals to get me closer to my financial independence goals (here). End of 2015 has arrived and it is time for the year-end review.

One word before that. I got amazing support from the Financial blogger community during this year and my humble thanks to all who took the time to drop a comment and/or drop in an encouraging word and/or drop a suggestion. It is truly appreciated. Thank you.

Back to the goals, I managed to reach some goals, exceed some and not reach some.

  1. Max out 401K contributions ($36K) for both me and my wife.
    1. Done: 12/31/2015
    2. Reached this goal…same goal for next year.
  2. Contribute $16K (goal stretch $24K) to Passive Income Streams
    1. Done 09/30/2014
    2. Exceeded this goal big time….very happy about this.
    3. Same 16K goal for next year
  3. Contribute $4800 to 529 College Fund
    1. Done: 12/31/2015
    2. Exceeded this goal as well by about $1000….I am happy about this too…though the goal seems to be stuck at $30K…it is like two steps forward and three steps back.
    3. Same goal for next year though
  4. Deposit maturing CDs into passive income streams
    1. Done 01/17/2015
    2. This was a one-time cash inflow…I used some CDs I had set aside for home down payment…since I did not see that happening this year, I moved them to my passive income streams. I am very happy I did this as well.
  5. Keep scouting for a possible home
    1. Not Done: 12/26/2015
    2. This goal is not looking so good. The prices in 2015 were even more crazy than 2014. So, 2016 is not looking good either. There were some discussion about moving to a lower cost area that *forced* its way into the family’s conversation. But, no decision yet.
  6. Start and finish Estate Planning
    1. Not Done: 12/26/2015
    2. There were some changes within the family which delayed this goal a bit. I was thinking about appointing my brother’s family as a guardian for my kid, but some instability has crept into my brother’s family and I wanted to give him time to work things out…so, I need to rework my strategy and timing a bit more. Family is family…so, I am hoping this issue can be resolved. And of course, I spent way too much time on setting up the passive income streams.
    3. Will add this goal to next year’s goals
  7. Get a more stable job.
    1. Not Done: 12/26/2015
    2. I am struggling with this goal due to a serious lack of will power. I keep starting my preparations and then it gets bogged down after a few days. I think I am mentally tired of working and preparing for interviews and the rest of the things that has to happen in family life. But, doing this when out of a job is not a good idea.
    3. Will add this goal to next years goals but I will come up with some form of tracking to keep me honest.

Summary

Overall, 2015 has been a reasonably good year. I achieved 4/7 goals I set for myself.

  • Average monthly dividend has reached $702 per month…still way below my target of $4000, but much closer to my intermediate target of $1000 per month. I read somewhere that the pace of compounding will visibly increase once you hit $1000 pm in dividends. For next year, I would like to make a serious dent in the goal towards $1000 pm in dividends.
  • Goals 6 and 7 will be done next year for sure.
    • For 7, I need to build up my confidence and will power and beat the heck out of this goal.
    • For 6, I just need to make some difficult decisions along with my wife.
  • W.r.t Goal 5, I am going to keep accumulating small amounts of money towards the home down payment, but I do not anticipate meeting this goal in 2016.

More on this in 2016 yearly plan. Once again, thanks for all the amazing support. I really appreciate it.

2015 Goals and progress updates

NOTE: Updated quarterly; latest update is on 12/26/2015 

I started my humble journey towards Financial Independence in 2014. I did establish what Financial Independence means to me and what the goals were. But, I really did not have any yearly goals for 2014. I just wanted to come up with a plan and create multiple passive income streams and let them fly, protect my family with life insurance, etc. I believe that I have accomplished all the goals I implicitly had for 2014. For 2015, I wanted to be a little bit more formal about goal setting and I will document my 2015 goals in this post, updated quarterly. Monthly Progress Report is tracked here.

The Financial Independence criterion for me are:

Financial Independence Criterion
Emergency Fund $72K
College Fund $80K
Passive Income Streams $4000 per month
Retirement Fund $900K
Roof for our Family $1 million
Medical Fund $100K
Life Insurance Done initiating.

For 2015, I have thought about the following goals to get me closer to the above financial independence goals. The updates are quarterly for each goal.

  1. Max out 401K contributions for both me and my wife.(Done: 12/31/2015)
    1. 2015 401K limit is $18000 => $36K worth of 401k contributions.
      1. 03/31/2015 $13K/$36K done       $23K remaining
      2. 06/30/2015 $26K/$36K done       $10K remaining
      3. 09/30/2015 $32K/$36K done       $4K remaining
      4. 12/26/2015 $36K/$36K done        $0K remaining
  2. Contribute $16000 to Passive Income Streams (stretch goal of $24000) Done (09/30/2014)
    1. VCAIX, VTMFX, VDIGX, VHDYX, VTCLX, VTMSX, VTMGX, VMMXX.
      1. 03/31/2015 $4K/$16K done         $12K remaining
      2. 06/30/2015 $8K/$16K done         $8K remaining
      3. 09/30/2015 $25K/16K done         $0K remaining
      4. 12/26/2015 $37K/16K done         $0K remaining
  3. Contribute $4800 to 529 College Fund (Done: 12/31/2015)
    1. Vanguard 529 Plan
      1. 03/31/2015    $1200/$4800          $3.6K remaining
      2. 06/30/2015    $2400/$4800          $2.4K remaining
      3. 09/30/2015    $3600/4800            $1.2K remaining
      4. 12/26/2015    $4800/4800            $0K remaining
  4. Deposit maturing CDs into passive income streams Done(01/17/2015)
    1. VCAIX: $35K   $30K
    2. VTMFX: $10K $20K
    3. VDIGX: $10K  $15K
    4. VHDYX: $5K   $10K 
  5. Keep scouting for a possible home (Not Done: 12/26/2015)
    1. A paid off house is a must for financial independence.
      1. 03/31/2015         No progress
      2. 06/30/2015         Finished mortgage analysis, finally!
      3. 09/30/2015         Scouting properties….not much luck.
      4. 12/26/2015         Prices way out of reach. Some discussions on relocating to a different state…not sure yet
  6. Start and finish Estate Planning (Not Done: 12/26/2015)
    1. Will, POD beneficiaries, Caretaker for our child, etc
      1. 03/31/2015        No progress
      2. 06/30/2015        No progress
      3. 09/30/2015        No progress
      4. 12/26/2015        No progress…definitely for the coming year
  7. Get a more stable job. (Not Done: 12/26/2015)
    1. Current job is on very shaky foundations
      1. 03/31/2015        No progress
      2. 06/30/2015        Interview preparation started!!
      3. 09/30/2015        Interview preparation slowed down 😦
      4. 12/26/2015        No resolution yet…need more will power 😦

Financial Independence Progress Report for December 2015

12/25/2015
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 38.05% 38.08%
Passive Income Streams ($4000 pm) $297.68 pm (12/2014)% $621.24 pm (12/2015)
Retirement Fund ($900K) 58.31% 57.76%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

I am going to wrap up a little early in this last month of 2015. I want to gain some time to plan for 2016. There is both good news and bad news in this last month of 2015. Lets tackle the bad news first.

  • Retirement Fund
    • Lost almost 0.5% of my portfolio this month.
    • In the same interval,
      • S&P 500 lost 0.16%
      • DOW Jones lost 0.29%
    • Nevertheless, looks like there is no Santa Claus boost for my retirement fund this month. The astute reader may notice that there are  still 3-4 market days left in December…miracles can happen you know 😉
  • 529 plan
    • Last month, through my kid’s graciousness, money set aside for the birthday party went unused and that went into the college fund. Inspite of that, the 529 barely eked out a positive gain. So, overall, no Santa Claus rally for this investment too.

Now for the good news.

  • Dollar Cost Averaging
    • Around Dec 21st, DOW had a nice dip of 300+ points. I took advantage of this and boosted my investments to dollar cost average VDIGX, VHDYX and VTMGX.
  • Passive Income Streams
    • Passive income for December 2015 continued the winning trend vs December of last year.
    • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
      • Total passive income is a sum of dividends + capital gains distributions.
      • December Passive Income = (total passive income in this year) / 12 == $621.24
      • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
    • My final goal for passive income is $4000 pm. This is going to take a while. So, my intermediate goal is to get $1000 pm in passive income first.
      • At the end of November, passive income was at $515 pm.
      • A nice amount of dividends from Dec 2015 has led me to $621 pm.
      • Assuming a 3% dividend return and 0% dividend growth, it will probably take me at least 3 more years to reach $1000 pm with a chunky sized investment each year. After reaching that, I plan to pretty much leave the investments on auto pilot. Wish me good luck 🙂

DIGIT savings….2015 year end update

In February of this year (2015), I stumbled on a new way to save some additional money. That new way was called DIGIT…my first post on DIGIT is here. It is a new way of squeezing out some extra cash from my bank account. My goal was to squeeze some leftover money after accounting for all the budgeted categories (expenses, savings and investment goals). Every time the DIGIT savings account accumulated to a couple hundred bucks, my plan was to withdraw it and apply towards my Financial Independence goals….more specifically, my home down payment fund. I had a few monthly updates that  I wrote about here here. But, once the savings picked up steam and became regular, I stopped the monthly updates….why bore people hey 😉

That said, this is the end of year 2015 already. So, how well did DIGIT save money for me this year?

  • $184.34        Dec
  • $440.51        Oct + Nov
  • $280             September
  • $302.06       August
  • $654.03        July
  • $296.64       June
  • $161.86        May
  • $238.29       April
  • $2692.51     Total for 2015

The amazing thing is that this is money, all $2692.51 of it, that I did not know I could save! In fact, I am pretty sure I would have spent it on something if it were to remain in my checking account. This is almost $2600 towards my home down payment fund without as much as batting an eyelid.

DIGIT savings is an opportunistic savings vehicle for me…in addition to my planned monthly savings towards home down payment. I am really glad I signed up for DIGIT in 2015 and will continue for the next year as well!

PS: If you want to sign up and try it out, go directly to Digit’s website here at https://digit.co/

Link to Yahoo Article: http://finance.yahoo.com/news/29-old-invented-painless-way-170000170.html

Financial Independence Progress Report for November 2015

11/30/2015
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 36.52% 38.05%
Passive Income Streams ($4000 pm) $226.42 pm (11/2014)% $515.17 pm (11/2015)
Retirement Fund ($900K) 58.03% 58.31%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

Markets made a small move on the positive side and the following portions of my portfolio definitely saw some benefit from it.

  • Retirement Fund
    • Moved some more of my gains from my Vanguard IRA into VGSLX (Vanguard REIT Index). This moves my VGSLX % to 6% of my IRA holdings….final goal is to have it be 10% of my IRA and add a solid dividend stream in my IRA account.
  • 529 plan
    • Money set aside for a birthday party for my kid went unused and that went into the college fund. So, positive markets and the small funding boost, courtesy my kid’s generosity, helped propel the 529 fund.

I did take advantage of some down days in VTMGX (Developed Markets International fund) and boosted my investments to dollar cost average my investment in VTMGX. I am hoping for some decent dividends from the International fund…mainly to diversify my dividend income stream across many countries.

The passive income portion of my portfolio is chugging along nicely. Passive income for November 2015 continued the winning trend vs November of last year.

  • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
    • Total passive income is a sum of dividends + capital gains distributions.
    • November Passive Income = (total passive income in this year) / 11 == $515.17 pm.
    • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
  • My final goal for passive income is $4000 pm. This is going to take a while. So, my intermediate goal is to get $1000 pm in passive income first. Right now, I am at $515 pm. But, next month is December….the biggest month for dividends for me and possibly for most people. I am expecting monthly passive income to reach $600 pm. Can’t wait to get to the end of this month.

Financial Independence Progress Report for October 2015

10/31/2015
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 33.94% 36.52%
Passive Income Streams ($4000 pm) $214.08 pm (10/2014)% $492.51 pm (10/2015)
Retirement Fund ($900K) 54.62% 58.03%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

Markets made a reasonably noticeable turn towards the positive side and the following portions of my portfolio definitely saw some benefit from it.

  • Retirement Fund
  • 529 plan

I did take advantage of some down days in the market and boosted my investments to dollar cost average some of my mutual fund investments (another post on this coming up on how). But, October has been a super busy month for me, including a couple days spent in the hospital for a freakish accident of cause unknown. So, I am happy to see a positive gain without putting in any serious effort…..the precise definition of passive income 😉

The passive income portion of my portfolio is chugging along nicely. I am aggressively funding my passive income portfolio and (try to) make use of every down day in the markets. My funding sometimes is as low as $100 and as high as $500. Most of the days, I have gotten lucky and dollar cost averaged down my mutual funds….a tiny bit, but hey, each bit matters right 🙂

Passive income for October 2015 continued the winning trend vs last year.

  • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
    • Total passive income is a sum of dividends + capital gains distributions.
    • October Passive Income = (total passive income in this year) / 10 == $492.51  pm.
  • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
  • I did take advantage of the down markets and added to my investment in VDIGX , VTMFX and VTMGX (developed markets ex-north america). All these investments have hovered around their respective 52 month lows These new investments will contribute towards dollar cost averaging my holdings.
  • November will be a slow month for me as usual…but looking forward to December for the next big dividend income month.

Financial Independence Progress Report for September 2015

09/30/2015
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 33.77% 33.94%
Passive Income Streams ($4000 pm) $178.58 pm (08/2014)% $439.96 pm (08/2015)
Retirement Fund ($900K) 54.66% 54.62%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

Markets are continuing the roller-coaster ride…the DOW Jones index lost more than 200 points more than once this month. I did take advantage of this down market (another post on this coming up on how).
I expected a downturn and planned for it (here)…but, that did not soften the blow much. At the end of August, my portfolio had taken a beating….so, how did September do?

  • September was a much better month for markets than August.
    • College fund stayed even
    • Retirement funds stayed even.
  • Passive income for September 2015 continued the winning trend vs last year.
    • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
    • Total passive income is a sum of dividends + capital gains distributions.
    • September Passive Income = (total passive income in this year) / 9 == $439.96 pm.
    • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
  • I did take advantage of the down markets and added to my investment in VDIGX and VTMFX. Both these investments dipped to their 52 month lows when the DOW Jones index dropped more than 200 points. These new investments will contribute towards dollar cost averaging my holdings. Yeah for that!

Financial Independence Progress Report for August 2015

09/05/2015
Emergency Fund ($72K) 100.0% 100.0%
College Fund (80K) 35.00% 33.77%
Passive Income Streams ($4000 pm) $148.74 pm (07/2014)% $353.74 pm (07/2015)
Retirement Fund ($900K) 58.51% 54.66%
Roof for our Family($1 mil) 00.00%
Medical Fund 00.00%
Life Insurance Done (term life insurance payments initiated)

Main Takeaways

I came back after a two week travel on work related matters and every day of that trip was a emotional roller coaster. Markets up and markets down…sometimes, within the same day. I expected a downturn and planned for it (here)…but, that did not soften the blow much. At the end of August, my portfolio has taken a beating….but so did a lot of people. So, what were my main takeaways this month?

  • August is a soft month for dividends…so, not much cushion to soften the blow from the down markets. September is a much better month for dividends…so, looking forward to next month.
    • College fund took a hit
    • Retirement funds took a bigger hit.
    • Last month’s zero gain is looking good now 🙂
  • Passive income for August 2015 continued the winning trend vs last year.
    • I compute Passive Income per month as (total passive income in this year) / number of months completed this year.
    • Total passive income is a sum of dividends + capital gains distributions.
    • August Passive Income = (total passive income in this year) / 8 == $53.74 pm.
    • Doing it this way keeps the monthly passive income more realistic because I can instantly know which of my monthly expenses are covered by this amount. I keep a separate tracker for this which I will write about at a later date.
  • I did take advantage of the down markets and added to my investment in VDIGX. My cost basis was close to $23 per stock before the market hit a downturn…but I invested about $1500 at an average of $21.50 per stock. This new investment will contribute towards dollar cost averaging my holdings. Yeah for that!