With school out and multiple birthdays and other celebrations, we cut loose in June. Were we able to keep our nest egg growing, or did we raid it all in the name of good times?
You can check the latest and greatest info on the Track Our Progress page.
First, the numbers:
Net Worth:
- End of June Balance: $890,173 up $20,591
- Year to Date (YTD): Up $129,793 (up 17.07%)
- Since January 2018 (this is when I started tracking our net worth): Up $564,582
Portfolio:
- End of June Balance: $752,709 up $21,105
- YTD: Up $136,838 up (22.22%)
- Since January 2018: Up $512,709
June Highlights
Cel-e-brate Good Times!
We packed a lot into June. We started the month out by taking our kiddos to Great Wolf Lodge to celebrate school getting out and our oldest daughter’s birthday. A couple of fun days in slides and tubes, water in the ears, KC BBQ, and endless Magi-Quest had everyone howling!
Next we had a joint birthday party for our daughter, my mom, my neice, my nephew, and brother… Whew! I guess good things come in bunches?
Then… my wife and I celebrated our 10-year anniversary in Missouri wine country. We spent a couple nights in a lovely bed and breakfast. Randomly, I believe this was the first time we have sat down for breakfast somewhere since before COVID. How weird. From there we rushed home to celebrate Father’s day.
So we had a lot of fun this month. But my waistline, wallet and liver need a vacation from these vacations now!
CRYPT-NO!
Let’s check in on my cryptocurrency experiment. How’s that doing?
Yikes! Just your run of the mill, garden variety, 50% pullback. Nothing to see here. Good thing I plan on holding my crypto for a long time. Because now I need to!
Extreme volatility in the crypto space really is more the rule than the exception. I’m still bullish on the much longer term prospects, but times like these certainly put the ol’ Diamond Hands to the test.
***Side note for all you crypto traders out there: I think it is important to note that guidance indicates that you can generate a taxable event by selling your crypto (makes sense)… but you can also have a taxable event when you trade from one crypto to another. So if you like swapping coins left and right, you can run up sizeable tax bill. Please be sure to do your due diligence folks!***
Coming Up in July
Blowing off the Pandemic Steam, Part II
We started to get out there quite a bit in June and that trend is going to continue all summer long. Case in point: We have a double dose of mini-vacations planned for July.
If you live in Missouri, you aren’t more than a couple hours from some absolutely beautiful Ozark streams and rivers. Well, we are getting out for a weekend to do some floating and camping. Float trips can be a great time at a very reasonable cost. Even better: it’s adults only! First one of those my wife and I have had in years.
Not to be outdone, we are planning a short weekend to experience the Southern Illinois Wine Trail with another couple. 2021 may be the end of my liver!
With all this fun stuff going on, I’m gonna wrap this one up a bit shorter than normal this month to enjoy it. Thanks for reading and drink responsibly!