February 2015 – networth and expenses

February was a very good month, but not spending wise. I was over my goal of 2.5k (and this for the shortest month of the year).

  • brokerage account 122.0k
  • mutual funds 60.4k
  • cash 6.9k
  • alternative investments 30.0k
  • total 219.3k

This is a gain of 8.6k (+4.1%) compared to last month and marks a new all time high. Besides huge gains in my brokerage account (6.3k or +5.4%) the mutual funds also rose nicely (most of it is in a very conservative fund) by 1.2k (+2.0%). Also our cash is recovering. I do consider my conservative fund as “quasi cash”. (I sold a portion last month to pay taxes.)

Monthly expenses

  • January 2.5k
  • February 2.7k

Roughly 400 Euros is for my kids – we bought an used bed, a new mattress and a lot on the flea market. The bed alone would have cost 1.000 Euros. So despite the big expenses I’m very happy.

The Paleo diet is starting slowly. I noticed grocery expenses will rise quite a bit. Also, my wife will join (except breakfast). I really welcome the support of my wife and I’m totally fine with the increased expenses, even if that means missing my yearly goal of below 33k expenses. I think that money is very well spend (by living longer and better).

(Monthly) goals for 2015

  • 1 of 6 months below 2.5k
  • 0 of 1 month below 2.0k

No changes compared to January.

Update for my networth goal

This month I had a revelation about my networth planning. In the mean time I showed the table my wife – at least she was not totally uninterested. She even high-fived me and said “let’s go for it” in regard to the million which we would reach at the end of 2023. And I can open another brokerage account and increase the account size a little bit. All in all very good news. I really need more capital at risk to reach these aggressive goals.

Advertisements