Tag Archives: growth

How I Increased My Networth 13% in 2015

Last year I increased by net worth from $309,894 in January of 2015 to $352,066 in January of 2016 (increase of $42,112 or 13% YoY increase.) This is not accounting for the last week of declines, which may or may not hinder 2016 growth. With a total net worth of $352k to start this year, I’m focused on my goal of hitting $400k by the end of 2016. Although this isn’t my original goal of $500k by the end of 2016, I think $400k is still a very aggressive and challenging goal for this year.

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In 2015, my stock portfolio increased from $144k to $171k. My retirement portfolio increased from $152k to $171k. Thus, the year concluded with approximately $342k in active investments (mostly stocks.) This is why when the market dips my portfolio significantly decreases. Since I have a substantial amount of funds in the stock market I tend to wait now a bit before putting large sums into play beyond what is already invested.

Goals for 2016:

Stocks: $200k, including $15k additional in Vanguard admiral healthcare fund, which has a $50k minimum. This would = $29k in net new investment, or ~$2.5k per month. If the market drops lower than monthly investments will have to increase to make up the difference.

  • $1250 / month — Vanguard Healthcare Fund (to get to $50k admiral minimum)
  • $400 / month — loyal3 fee-free partial stock investing
  • $850 / month — Vanguard fund TBD to get to $10k admiral (might reinvest in the dividend growth fund I sold for losses after a month or so. We’ll see.)

Retirement: $190k (max out 401k and IRA for 2016 — $23.5k additional investment, or $2k per month)

  • $18k = 401k max
  • $5.5k = vanguard IRA (post tax)

Cash: $10k – I’d like to close out the year with a $10k emergency fund.

This = a total monthly investment of approximately $4.5k per month, up to $6.5k if the market drops further. $6.5k is fairly impossible w/ my general monthly expenses plus the wedding, so I think the $4.5k goal (esp with some of it in pre-tax dollars) is a reasonable objective. If the market sucks this year then I probably won’t get to $400k, but I’ll still be buying discount stocks which will hopefully go up at some point in the next 10 years to make up for any losses.

If I can do this then and maintain my job I should be able to close the year out with $400k net worth. This would be a very exciting achievement for this year, as I’d still be on target to hit $500k prior to 35 (2018.)

Massively, Massively Overwhelmed.

Life is good right now, so why can’t I let myself enjoy it? I have a new job, a new apartment with my not-so-new boyfriend, I’m moving up in the world, I’m excited about all the opportunities on the table, and yet I can’t just pause to relax and enjoy the present. I can’t take a week to just stop and reset. Instead, I feel like I have to close a thousand loose ends at my old company. At some point I guess I just need to walk away. But that’s hard for me. I know any projects I leave unfinished will remain that way. I like completion.

So how do I stop being so damn anxious all the time and just learn to enjoy life? It goes by fast and I’m watching it blur before my eyes. I want to take two weeks to go on a road trip and not have to worry about work or think about work projects, but unfortunately that won’t be possible as I start my new job pretty much right away. I don’t know when the next time I’ll have any real time off between projects will be. Probably when (if) I have a kid, and that certainly won’t be time to hit the road and drive to anywhere. This is it. This is really my 30s. This is feeling all the opportunity in the world as a pressure pushing down on me, trapping me, yet allowing me to fly. Continue reading