The markets were tough during the month of November, with no safe place to hide. We continued our approach of reinvesting any dividends and increasing the income generation potential of the portfolio. With usual corporate dysfunction at the current job, I am actively considering a combination of taking time off and changing employers. With that in mind, we also made some portfolio moves to increase our monthly income generation. Monthly expenses were unusually high as we paid annual property taxes worth $17,000, which explains the decrease in the cash position. With that, here’s the update on the finances.
Net Worth: $2,921,759 ( -1.8%: -$54,750)
| Cash | $34,519 |
| 529 Kid 1 | $170,403 |
| 529 Kid 2 | $180,073 |
| Pension | $30k @60 |
| Annual income from Taxable | $129,006 |
| Annual income from Retirement | $72,100 |
November Expenses:
| Taxes | $17,379 | High property taxes in Texas! |
| Travel | $1754 | Unexpected trip to see parents abroad. |
| Groceries | $932 | |
| Restaurants | $669 | |
| Credit Card fees | $600 | Amex Platinum |
| Automotive | $529 | New battery and service |
| Home Maint | $488 | Biweekly cleaning, lawn care |
| Online Shopping | $446 | |
| Utilities | $422 | |
| Household | $327 | |
| Kids Classes | $268 | |
| College Application expenses | $241 | |
| Personal Care | $225 | |
| Checks | $220 | |
| Telephone | $202 | |
| Clothing/Shoes | $176 | |
| Gasoline | $147 | |
| Cable/Satellite | $96 |
- Total: $25,121
Excluding one time costs ( Taxes and Travel)
November spend: $5988.
November Income:
- Taxable account distributions: $8447
- Retirement account distributions: $4339 (automatically reinvested)
- Paycheck: $19,100
