Happy new years eve! It’s 12/31/22 and it’s time for another annual recap. First off, what another wild year … after an extremely strong 2021, we had a very challenging 2022. I had a lot of learning about the markets to do this year: Don’t be afraid to go short For speculative investing – pick
Category: Financial Journey
Investing in websites: ongoing case study
Over the years we’ve bought and sold many websites. The websites have been affiliate based sites, e-commerce, and software based (plugins, etc). It’s been awhile since we were actively working on a website besides ReachingFi (which we use as a journal), and frankly … I’ve got the itch. We have made good progress on our
First time home refinancing expectations
We are currently undergoing our first refinance, and have been learning as we go. We are a little late to the game, and not capturing the best rate we could have … reason being is that we were on the verge of moving when the rates bottomed out. Our local housing market in the price
2020 Recap – Did we get closer to reaching financial independence?
It’s December 30th, and we’re right at the end of 2020. What a year it turned out to be for the world, for our friends, and for our family. Outside of focusing on financial independence, 2020 created some very unique experiences with our kids … they are young enough that their memory only has recall
2020 Q1 CheckIn
We’re beyond Q1, but this gives an outline of how we’re pacing for 2020. Coronavirus took a hit to our investments, but we kept on going. We do not intend to liquidate anything at this point. Emergency Fund Contributions: $10,000 IRA’s: $2,951 Remodel Remodel ended up costing $25,000 (vs $15,000 planned) 529 Plan $100 Spouse
The Beginning: Refinancing Our Student Loans
Around 8 months ago we finally got serious about building our net-worth. We had been out of university a few years, lived in high-rises downtown, taken exotic trips, and lots of fun. However, our net worth was still negative by quite a bit. At this point we were not following a budget, and not aggressively
Paying off $30,000 USD of Student Debt in 1 Day
Recently we paid off approximately $30,000 USD of student loan debt. We were fortunate to close out an investment that we had for a few years, and have set aside the necessary amount for tax time. It’s an amazing feeling to see the accounts zero’d out now. Our remaining debt is as follows: vehicle loan