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Net Worth Update 42: Back to Normal?

June 3, 2021 by Mr. Heartland on FIRE

With vaccination numbers rising, change was in the air in May. I’ve been called back to work from the office for the majority of the week now and a return to the office is also in the wings for Mrs. HoF. While our feelings towards going back into work are mixed, at-best, a whole new world of opportunities is starting to open back up… which is quite exciting.

You can check the latest and greatest info on the Track Our Progress page.

First, the numbers:

Net Worth:

  • End of May Balance: $869,582 up $2,059
  • Year to Date (YTD): Up $109,202 (up 14.4%)
  • Since January 2018 (this is when I started tracking our net worth): Up $564,582

Portfolio:

  • End of May Balance: $731,604 up $15,338
  • YTD: Up $115,733 up (18.79%)
  • Since January 2018: Up $491,604

May Highlights

BTFD!

As I mentioned in last month’s post, I took the plunge into the world of cryptocurrencies. So of course, there was a major pullback across the board a few weeks after I bought in.

So I did what any crypto HODLER would do and Bought The F*&king Dip.

I threw a few more bucks into a 50/50 split between Ethereum and Bitcoin. I feel like I am done throwing money at crypto for the year… but as volatile as these things are…

CAMPING OUT

We took our first mini vacation of the year and went camping at a local state park. It was a bit chilly at first, but turned into a fantastic weekend. We got to bum around at the camp site, visited a local brewery and winery, and got some hiking in within the state park and an adjacent nature preserve.

Watching our kids run around the campsite and enjoy the campfire warms my soul. The icing on the cake is that camping can be an incredibly low cost trip. The total camping fees for the state park were $40 for a three day weekend.

Now, that doesn’t tell the whole tale, obviously. There are lots of supplies needed for camping (food, gear, etc.). You really can make camping as expensive as you want. Thankfully, we acquired most of our supplies last year, so only a few items needed to be replaced or acquired.

SHELLING OUT SOME DOUGH

If you look at the net worth and portfolio numbers closely, you might be able to surmise that we spent A LOT of money in May. A few “highlights”:

  • We had to render unto Caesar what is Caesar’s (pay the taxman).
  • We paid out our insurance deductible for the roof replacement.
  • The credit bill was due for our new King bed and frame.
  • We started to dine out a bit more since things are opening back up.
  • We paid for lodging for a weekend vacation coming up in June.

Coming Up in June

HITTING THE ROAD

One of the most exciting aspects of things returning to normal is that travel is becoming feasible again. And we are taking advantage.

In June, we have trips to both Kansas City and Hermann, Missouri lined up. Plus more trips are being planned for July and August. After trying to book a kennel for our dog during these trips (with limited success) it is quite obvious that we are far from alone in our traveling plans. The pent up demand for vacation finally is real.

CELEBRATE GOOD TIMES

June is a month of celebration for our family. We have birthdays for our oldest, my mom, our niece, and our nephew. There is Father’s Day. And last, but not least, we have our anniversary! Good times are on tap!

THE SPENDING SPREE CONTINUES

On the flipside, we need to pay for all these trips, gifts, and excitement. We’ll have everything covered, but cash flow will be a bit tight for another month or so.

Thanks for reading!

Filed Under: Annual Planning, FI Progress, Lifestyle Improvement, Uncategorized Tagged With: Investment Performance, net worth update, personal finance

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