The Hoard: March 2017

Every good dragon has a hoard.  You know.  The collection of gold, jewels, and other valuables that the dragon guards in his or her cave.  For me, The Hoard is what I call my assets.  The collection of stocks, bonds, and other income producing assets that Mrs. Dragon and I have collected thus far.

Mythological fire breathers have to protect their hoard from knights seeking glory, wizards wanting power, etc.  Real-world FIRE breathers have more mundane, but very real dangers to their own hoards: the tax man, the cable company, lifestyle inflation, high-fee brokers, and many more.

This is one post in a series that documents my progress towards financial independence.

You might recall that I don’t include our primary residence in the assets (it doesn’t produce income) and I don’t include our primary mortgage against the assets.  If we had a rental house, I would include it in both parts of the equation, but I’ll address the primary residence in a separate category.

I do not differentiate between tax-advantaged accounts and taxable ones in the number for The Hoard.  Assets are assets.

We use the excellent (and free!) service Personal Capital to keep track of how The Hoard is coming along.  It lets you view all your accounts on a single homepage for a convenient snapshot of your financial life.  It is a top-notch service.  Highly recommended.

Mrs. Dragon and I want $600,000 in liquid assets and a paid-off house to consider ourselves financially independent. We’re hoping to accomplish this by February of 2025.

How are we currently doing?

The current market value of the hoard is $232,991 (vs $225,144 last month).  This is about 38.8% of our $600,000 goal.

Primary residence: The mortgage is $92,092 (vs $92,357 last month), which means it’s about 6.03% paid off.

These were the numbers as of March 15, 2017. That’s all for now. Hopefully this summer I can get back to more regular posting.

The Hoard: February 2017

Every good dragon has a hoard.  You know.  The collection of gold, jewels, and other valuables that the dragon guards in his or her cave.  For me, The Hoard is what I call my assets.  The collection of stocks, bonds, and other income producing assets that Mrs. Dragon and I have collected thus far.

Mythological fire breathers have to protect their hoard from knights seeking glory, wizards wanting power, etc.  Real-world FIRE breathers have more mundane, but very real dangers to their own hoards: the tax man, the cable company, lifestyle inflation, high-fee brokers, and many more.

This is one post in a series that documents my progress towards financial independence.

You might recall that I don’t include our primary residence in the assets (it doesn’t produce income) and I don’t include our primary mortgage against the assets.  If we had a rental house, I would include it in both parts of the equation, but I’ll address the primary residence in a separate category.

I do not differentiate between tax-advantaged accounts and taxable ones in the number for The Hoard.  Assets are assets.

We use the excellent (and free!) service Personal Capital to keep track of how The Hoard is coming along.  It lets you view all your accounts on a single homepage for a convenient snapshot of your financial life.  It is a top-notch service.  Highly recommended.

Mrs. Dragon and I want $600,000 in liquid assets and a paid-off house to consider ourselves financially independent. We’re hoping to accomplish this by February of 2025.

How are we currently doing?

The current market value of the hoard is $225,144 (vs $216,315 last month).  This is about 37.5% of our $600,000 goal.

Primary residence: The mortgage is $92,357 (vs $92,615 last month), which means it’s about 5.76% paid off.

The market has started out really strong in 2017, thus the run-up in The Hoard’s value. I’m not complaining, but I’m not rejoicing either. Mr. Market can be pretty moody and I’m expecting a turbulent ride for the next couple of years.

But, at this rate, we might be able to hit $300k by the end of the year!  That would be absolutely incredible! Our contributions are all still on autopilot, so for now we are just plugging along and living our lives.

As a side note, being a parent is pretty great. Baby Dragon is a pretty even-tempered child thus far so it’s been a lot of fun.

Expenses: February 2017

Expense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like you track the days of our lives.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for February (rounded to the nearest dollar):

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Expenses: January 2017

Expense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like you track sands through the hourglass.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for January (rounded to the nearest dollar):

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The Hoard: January 2017

Every good dragon has a hoard.  You know.  The collection of gold, jewels, and other valuables that the dragon guards in his or her cave.  For me, The Hoard is what I call my assets.  The collection of stocks, bonds, and other income producing assets that Mrs. Dragon and I have collected thus far.

Mythological fire breathers have to protect their hoard from knights seeking glory, wizards wanting power, etc.  Real-world FIRE breathers have more mundane, but very real dangers to their own hoards: the tax man, the cable company, lifestyle inflation, high-fee brokers, and many more.

This is one post in a series that documents my progress towards financial independence.

You might recall that I don’t include our primary residence in the assets (it doesn’t produce income) and I don’t include our primary mortgage against the assets.  If we had a rental house, I would include it in both parts of the equation, but I’ll address the primary residence in a separate category.

I do not differentiate between tax-advantaged accounts and taxable ones in the number for The Hoard.  Assets are assets.

We use the excellent (and free!) service Personal Capital to keep track of how The Hoard is coming along.  It lets you view all your accounts on a single homepage for a convenient snapshot of your financial life.  It is a top-notch service.  Highly recommended.

Mrs. Dragon and I want $600,000 in liquid assets and a paid-off house to consider ourselves financially independent. We’re hoping to accomplish this by February of 2025.

How are we currently doing?

The current market value of the hoard is $216,315 (vs $211,606 last month).  This is about 36.1% of our $600,000 goal.

Primary residence: The mortgage is $92,615 (vs $92,871 last month), which means it’s about 5.49% paid off.

Despite Mrs. Dragon not working in the fall, our numbers have continued to climb at a nice pace. Most of that is due to the fact that the markets have been trending upwards for a few months.

But Mrs. Dragon goes back to work this month and gets her paycheck again in February. Score! Back to dual incomes!

*I had this scheduled to come out January 17, but for some reason it didn’t go out. Whoops!

Expenses: December 2016

Expense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like you track calories in January.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for December (rounded to the nearest dollar):

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The Hoard: December 2016

Every good dragon has a hoard.  You know.  The collection of gold, jewels, and other valuables that the dragon guards in his or her cave.  For me, The Hoard is what I call my assets.  The collection of stocks, bonds, and other income producing assets that Mrs. Dragon and I have collected thus far.

Mythological fire breathers have to protect their hoard from knights seeking glory, wizards wanting power, etc.  Real-world FIRE breathers have more mundane, but very real dangers to their own hoards: the tax man, the cable company, lifestyle inflation, high-fee brokers, and many more.

This is one post in a series that documents my progress towards financial independence.

You might recall that I don’t include our primary residence in the assets (it doesn’t produce income) and I don’t include our primary mortgage against the assets.  If we had a rental house, I would include it in both parts of the equation, but I’ll address the primary residence in a separate category.

I do not differentiate between tax-advantaged accounts and taxable ones in the number for The Hoard.  Assets are assets.

We use the excellent (and free!) service Personal Capital to keep track of how The Hoard is coming along.  It lets you view all your accounts on a single homepage for a convenient snapshot of your financial life.  It is a top-notch service.  Highly recommended.

Mrs. Dragon and I want $600,000 in liquid assets and a paid-off house to consider ourselves financially independent. We’re hoping to accomplish this by February of 2025.

How are we currently doing?

The current market value of the hoard is $211,606 (vs $206,543 last month).  This is about 35.3% of our $600,000 goal.

Primary residence: The mortgage is $92,871 (vs $93,127 last month), which means it’s about 5.23% paid off.

I am late posting this so I just went to Personal Capital and pulled the balance from December 15. January’s post will be up soon with more details.

Expenses: November 2016

Expense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like Santa tracks who’s naughty and nice.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for November (rounded to the nearest dollar):

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The Hoard: November 2016

The Dragon's Hoard

Every good dragon has a hoard.  You know.  The collection of gold, jewels, and other valuables that the dragon guards in his or her cave.  For me, The Hoard is what I call my assets.  The collection of stocks, bonds, and other income producing assets that Mrs. Dragon and I have collected thus far.

Mythological fire breathers have to protect their hoard from knights seeking glory, wizards wanting power, etc.  Real-world FIRE breathers have more mundane, but very real dangers to their own hoards: the tax man, the cable company, lifestyle inflation, high-fee brokers, and many more.

This is one post in a series that documents my progress towards financial independence.

You might recall that I don’t include our primary residence in the assets (it doesn’t produce income) and I don’t include our primary mortgage against the assets.  If we had a rental house, I would include it in both parts of the equation, but I’ll address the primary residence in a separate category.

I do not differentiate between tax-advantaged accounts and taxable ones in the number for The Hoard.  Assets are assets.

We use the excellent (and free!) service Personal Capital to keep track of how The Hoard is coming along.  It lets you view all your accounts on a single homepage for a convenient snapshot of your financial life.  It is a top-notch service.  Highly recommended.

Mrs. Dragon and I want $600,000 in liquid assets and a paid-off house to consider ourselves financially independent. We’re hoping to accomplish this by February of 2025.

How are we currently doing?

The current market value of the hoard is $206,543 (vs $199,502 last month).  This is about 34.4% of our $600,000 goal.

Primary residence: The mortgage is $93,127 (vs $93,383 last month), which means it’s about 4.97% paid off.

Not much to report here except that the market bounced back a little bit after some pre-election turbulence. I will note that for the couple of updates (this one included) we are not receiving Mrs. Dragon’s paycheck because she is on unpaid maternity leave.

That definitely puts a dent in our income since we make the same salary, but you never get the early years back. Part of the reason that we are saving for FI in the first place is for the ability to make choices independently of their financial implications.

I just bring it up because our progress may be slow for the next several months without her paycheck.  We’ll see.

Do you think we are on track for FI by Feb 2025?

Expenses: October 2016

ExpensesExpense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like a witch tracks her familiars.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for October (rounded to the nearest dollar):

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