August 2018: The Net Worth and Investments
Sherry’s August 2018 Net Worth
Or an increase of…
+$40,263.92 or +5.14%
In the past TWO months alone, my net worth has gone up by $100K
This is surreal. I have to keep checking my numbers because I sort of don’t believe them.
$100K net worth gain in 2 months? WHAAAAAAAT??????
I think this koala says it all:
And over the past year it has steadily gone up (and REALLY up in the past 2 months), so I’m pretty dang happy:
Oh and everyone….
I am now a three-quarters millionaire!
I’ve already hit my original YEAR END goal of $750,000 so I will aim for $850,000 now.
If we just take straight income, I should be around a net worth of $850,000 by the end of the year, but give or take stock returns, I don’t want to say something more and end up being disappointed, you know?
But the way things are going, I wouldn’t put it past hitting $900,000 this year. *secretly hopes and wishes*
This is bananas to me, really, how much I have earned over the years and accumulated as a net worth.
I’m really quite proud of myself. Even with all of my spending, my guilty harping about this and that… I’ve done well.
(If only I drank! But in lieu of that, I shall go for a massage & a pedicure.)
But you know what.. I just realized that by the end of the year, I would technically be only $150,000 off from being a millionaire…. in my own right.
(My partner is already past this mark.)
CAN YOU BELIEVE THIS!?!?!?!?!
By next year, I could be a millionaire by the time I’m 35. That is … unbelievable.
Just.. Wow. Then it’s time to aim for the second million, personal million.
You know what they say.. a million is a start to a billion… LOL
Who knows how the future will turn out? Right now, it’s looking pretty good. Remind me of this when I start bitchin’ about life, okay?
Little Bun’s August 2018 Net Worth
Or an decrease of…
+$1305.45 or +4.77%
This is how I invest his money in the stock market…. but the drop in his net worth this month is NOT 100% due to the investments, it is because the government clawed back money because his parents make too much, and they re-assessed everything. *eye roll*
Poor Little Bun. <3
It isn’t his fault. It’s ours for making so much money.
That’s okay, Daddy will retire soon, stop making money, and then he’ll be in good shape. 😛
DIVIDENDS FOR THE PREVIOUS MONTH
I am working on this, but you know.. need money saved first, before I can invest it to make more $$$$.
I need to spend time on this. I need a weekend where I just sit down and go through my accumulating list of stocks and research them intensely.
I have about $20,000 earmarked for this by the end of the year. Maybe a bit more.
The plan as a freelancer is to ALWAYS near the end of a contract, about 3 months off, to STOCKPILE CASH like a mofo, so that you don’t have to (like I did), sell off investments in desperate need of living $$$.
So. This means until I get any confirmation (if at all) that I am coming back for the next little while and am extended, I will NOT be plowing any more into the stock market until the papers are signed.
And then, bam, I’ll drop another $20,000 at a minimum into my dividend plans, upwards to $50,000. I haven’t decided yet what the final amount is.
LENDING LOOP INVESTING FOR CANADIANS
This is my new FOURTH stream of income.
What are the 4 in total you ask?
- Day Job – Primary source of $$ about $230K / year
- Blog – Secondary ~$12K / year
- Dividends – $5000 / year
- Lending Loop – HELLO THERE!
It is dead easy to sign up and move funds to Lending Loop (<— Psst! Referral code = $25 for you $25 for me, easy peasy).
Minimum to invest:
You need to put in AT LEAST $200.
FYI — It is definitely riskier than the stock market – you are investing in INDIVIDUALS or individual businesses, but it doesn’t hurt, although I would not put the family piggy bank into just this income stream, I’d say start off with a small modest amount you are comfortable with losing (so to speak), and give it a try.
How it works
Then you just look at the different investments people want you to fund, and how much they will pay in interest. It’s pretty simple.
You click on View, you commit an amount you want to send to them, and it’s done.
How much I have invested
$1200 so far. I am putting in a max of $10,000 and letting the money ride. 🙂
Interested? You should be.
My Lending Loop Referral here for $25 for you and $25 for me … yep. FREE MONEY. $25 in FREE MONEY.