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AUGUST 2018 NET WORTH: $589K, UP $22K

Another rockstar month!Image may be NSFW.
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Expenses continue to come in hot with these babies on the way. We purchased the services of a doula, bought baby artillery, and clothes for the misses.

However, the MOREs net worth managed to rise nearly $22K in net worth with most coming from market growth. For August, the S&P 500 clocked in at 3.03% while the MORE portfolio came in at 3.85%. Not bad, I attribute this to a little debt pay down, options performance, and, of course, steady retirement contributions.

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Retirement accounts +$18,672: Tesla continues to underperform. Ugh. Otherwise healthy gains across the board. My 401k quickly passed the $400K mark and is headed toward $500K. However, I shouldn’t expect this until the latter part of 2019 (assuming ~$50K in contributions and ~12ish% growth). I did plop another $500 into our HSA.

Non-retirement +$1,937: Our non-retirement money did great. Despite not being able to “save” any money into our savings account, we had $100 in cash back from our credit card and interest from our high yield Marcus savings account (1.85% on $12K). Additionally, Apple continued to perform exceedingly well. My Tesla short puts did super well. I think I’ve got this options trading thing down and hope to write a post about it soon.

Home Equity -$17: Nothing exciting here.

Debt +1,233: A few more pennies added to knocking out debt. Same ol’ boring progress here. 

Our annual net worth growth target is $614,000 and we’re ~$25,000 away. Looking forward to the end of the year for many reasons.


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