Money and Finance
Hi Everyone,
Hope all is well. I continue to embrace the blogging community and I continue to love it. Just a quick post tonight about my 401K Portfolio. I said that I would post about the 401K when big changes were made or about twice a year in July and January. Usually in June and December, some of my funds pay some dividends and after 6 months of new capital, there are a decent amount of shares added. My company's 401K policy is that employees receive 3% company match throughout the year and then a bonus of 2% at the end of the year. My portfolio now looks like this:
At the present time, I view my 401K Portfolio as an added bonus to my path to financial independence. The overall goal of my investing journey is to retire at an age much younger than most which is why I am mostly invested in a taxable account. I need to be able to retrieve those funds and more importantly, the dividends that are generated to support our family when the time comes. I call my 401K an added bonus because from what I have read, I cannot touch that money until at least age 55 (depending on stipulations that I may or may not be able to take part in) but most likely 59.5 without incurring penalties. Therefore, this money will sit in my account just compounding away for the next 32 Years!
Combining both my 401K and my taxable account, I hold roughly $143,000 in investments!
This is an increase of about $30,000 from my last post in February!!
Thanks,
ADD
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Money and Finance
401K Update - July 2015
Hi Everyone,
Hope all is well. I continue to embrace the blogging community and I continue to love it. Just a quick post tonight about my 401K Portfolio. I said that I would post about the 401K when big changes were made or about twice a year in July and January. Usually in June and December, some of my funds pay some dividends and after 6 months of new capital, there are a decent amount of shares added. My company's 401K policy is that employees receive 3% company match throughout the year and then a bonus of 2% at the end of the year. My portfolio now looks like this:
As of 7/5/2015:
At the present time, I view my 401K Portfolio as an added bonus to my path to financial independence. The overall goal of my investing journey is to retire at an age much younger than most which is why I am mostly invested in a taxable account. I need to be able to retrieve those funds and more importantly, the dividends that are generated to support our family when the time comes. I call my 401K an added bonus because from what I have read, I cannot touch that money until at least age 55 (depending on stipulations that I may or may not be able to take part in) but most likely 59.5 without incurring penalties. Therefore, this money will sit in my account just compounding away for the next 32 Years!
Combining both my 401K and my taxable account, I hold roughly $143,000 in investments!
This is an increase of about $30,000 from my last post in February!!
Thanks,
ADD
- Financial Changes To Help With Taxes
Good Afternoon Everyone! In the past, my wife and I have done quite well with regards to our taxes at the end of the year. I do not think either of us have ever had to pay taxes at the end of the year. Well, this year is no different. ...
- 401k Update - January 2016
Hi Everyone, So a follow up post to the Dividend Income - the 401K Portfolio update. I said that I would post about the 401K when big changes were made or about twice a year in July and January. Usually in June and December, some of my...
- 401k Update - January 2015
Hi Everyone, Hope all is well. I've been really embracing the blogging world this past week and man, it is time consuming.... but I love it! Commenting on others posts and getting more involved requires a big commitment but it makes me...
- Dividend Income - December 2014 Update
Hi Everyone, It's that time again when I get to post about a favorite topic of mine, dividends! I hope this post inspires other investors out there to start saving and investing as soon as they can. The power you feel knowing that you...
- Savings Rate And Monthly Investing
Hi Everyone, Hope you all have had a nice couple of weeks. I have been incredibly busy with work and as such, haven’t had much time to write. With July 4th write around the corner, we are over half way through 2014 and the year is just flying...