Site icon Fired to FIRE

End of April and on the Move

The last ten days have been very interesting. I continue to wake up early and drive around prior to starting my work-from-home day. On my drives I’ve been getting quality education from podcasts. This week I heard Jeff Booth interviewed on two different podcasts (The Investors Podcast and The Pomp Podcast) and he really impressed me; I even bought his book, The Price of Tomorrow, which discusses the underlying deflationary effect that technology has on society. I hope to write an update after I read some of the book but let’s get to the 10-day refresh:

10-day BS Refresh

Analysis Intelligence

The Opening NW in the 4/30/2020 column is the closing NW from the 4/20/2020 column. 

Fortunately my properties didn’t go down in value quite as much as I thought; housing values may go down after more of the COVID pain is felt and more numbers come in. Long term, with the money printing, one would expect for the asset prices to go up but I would have thought in the near term that some would be trying to liquidate, at fire sale prices.

The cells in the white are the actual numbers compared to my projections at the beginning of the ten-day period.  I spent a little more than I thought the last ten days. I bought Jeff Booth’s book and I bought five 100-Day Goal Journals, which I’ve grown to love as a helpers for actuarial exams. I also put a bit more cash to work with Bitcoin purchases. I remain bullish on Bitcoin and think the May halving will reinforce the fixed supply of Bitcoin idea that can be contrasted with the world printing of fiat currencies.

My takeaways are as follows:

Crystal Ball

4/30/2020 I ended with a NW of $304,577. I inadvertently counted my 5/1 paycheck towards this 4/30 number; and so going to 5/10 I won’t collect another paycheck. I will be collecting the NC house rents and the Michigan rents hopefully. My property manager said about 30% percent of his 300+ rentals have expressed trouble paying for May, none of them being mine, but fingers crossed. I’m paying off a lot extra of mortgage on the Michigan properties as I still plan on having them all paid off by 12/1/2020.  

Ideas for increasing NW


Exit mobile version