April seemed like an odd month with the markets veering up 1% one day and down 1% the next. In the end everything stayed fairly level.
So here is how the main markets and our own net worth adjusted in April 2018.
|Benchmark Vanguard 2040 Fund||0.39%||0.39%||-0.14%|
|Our Net Worth||0.25%||0.25%||-0.93%|
Fire Rate YTD = 2.31%
So through the year to date the market average is basically flat with the DOW down but the NASDAQ up, both by around 2%. The benchmark Vanguard 2040 reflects this as being down just 0.14%. Our own net worth as such is down just under 1%.
Our own FIRE rate sits at about 2.3%. which is under our our long term aim of 2.5% and our 2018 aim of 2.7%. So i’m happy with that.
April in Detail.
Our main day to day expenses were good at $2900 which is under our $100 a day aim (which would be $3000). However our larger ticket items were high this month as we had to pay our 2017 Oregon state taxes. We also had to pay our first installment of 2018 state taxes. This means that for 2018 we are effectively paying double taxes. Clearly this will have an impact on our 2018 numbers.
We had a largish vet bill come in, plus also prepaid most of our vacation hotels for our UK trip next month. Our grocery bill was $675 which was a bit higher than our aim (our 2018 average is now $638), but I think May will be better.
Our restaurant bill was at the lowest for 2018, but there is still some room for improvement. We don’t eat much, but we go to the pub now and again and have the odd lunch out.
Through April we are about $2300 ahead of our budget for the year (based on 2.5% FIRE). However our two largest expenses (school fees and property taxes) are due in Q3 so we need to be ahead.
I think May will be a decent month and i’m expecting to pick up around $2000 on our budget for the year. Then will come June and we will be on vacation for most of that month.
Hopefully everyone else had a good month!