The Investment Road to Freedom

May 1st, 2014 at 2:20 pm

April 2014 – Month in Review

Another month gone by, taxes done and looking forward to summer. April was not a bad month. I paid down my credit card debt a little and also picked up my second ever bonus at work.

New Purchases: $295

As discussed in my post on the 28th I brought 0.3039 shares of Apple (AAPL), 1.0165 shares of Disney (DIS) and 0.6275 shares of Wal-Mart (WMT). These were all in my Loyal3 account.

Sales: None.

Option Trades: None

Dividends: $2.44

  • Coca-Cola (KO) – $2.44

Not a great month but I beat April 2013 by 8.93%. Total dividends for 2014 stands at $43.64.

Forward 12 Month Dividend Forecast: $181.49

First month I’ve actually tracked this.

Deposits: $643.26

Much better than last month. Out of this $643.26, $103.26 went to my 401K, $245 to my Roth IRA, $25 went to my taxable account, $25 went to Lending Club and $245 to Loyal3. Total deposits for the year stand at $2121.43 or an average of $530.36 per month. My goal is $1000 so I need to really pick this up.

Investment Road to Freedom fund value:

The fund value stands at $28376.07. +3.80%

The breakdown of the individual accounts show

  • 401k = $12114.90 +1.88%
  • IRA = $5823.10 +7.04%
  • Taxable = $7362.07 4.20%
  • Other = $1804.06 -2.26%
  • EF = $149.80 +5.29%
  • Lending Club = $273.89 +10.81%
  • Loyal3 = $848.27 +900.80%

The drop in my taxable is because I transferred $500 to my Loyal3 account – hence the big increase in that account. I’m looking forward to getting the fund past the $30k mark in the next few months.

Credit Card Debt: $2424.14 -26.30%

Really good month for this. The bonus I got at work I put towards this.

Car Loan: $30168.37 -1.46%

New vehicle is almost a year old. I’m looking forward to paying this down even more.

Mortgage: $174466.54 -0.13%

Our monthly payment is $1210.

Income from Pay: $4674.51

This is my take home amount including the bonus I got.

Income from Credit Card Rewards: $225

Nice month for credit card rewards. $175 of this was from my Amex Blue Preferred card and the remaining $50 is from my Wells Fargo card. I am at $326.96 for the year.

Net-worth: $75313 -0.89%

My first drop since May 2013 which is when I purchased the new vehicle.

Summary:

Highlights this month was paying down the credit card by 26% and the $225 in credit card rewards. They are going towards a vacation this month.

Hope everyone had a great month!

 

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8
  • Martin
    5:30 pm on May 1st, 2014 1

    I like that you are open with posting your accounts, trades and values. I do the same as I want my readers to see, that my strategy really works and that I make money.
    Not many financial bloggers are that open and post their extended numbers. Great job.

  • investmentroadtofreedom.com
    11:02 am on May 5th, 2014 2

    Thanks Martin. Seeing figures posted on bloggers sites helps see the results and can help one choose a direction to go in. Thanks for stopping by!

  • DivHut
    1:24 pm on May 5th, 2014 3

    Great progress. Just keep it up. Do you plan on adding any new holding to your investment portfolio? You seem pretty focused and wonder if you plan to broaden your stock holdings.

  • investmentroadtofreedom.com
    4:46 pm on May 5th, 2014 4

    Hi DivHut, I hope to add another two or three companies this year and more the following year as funds become available. Thanks for stopping by!

  • Brent @ All About Interest
    7:18 am on May 7th, 2014 5

    Congrats on paying down your credit card. I think it’s highly important to eliminate any higher interest debt first. Keep up the good work!

  • investmentroadtofreedom.com
    7:12 pm on May 7th, 2014 6

    Hi Brent,

    It felt really good to drive that amount down. I know with hard work I can eliminate that forever.

    Thanks for stopping by!

  • Ryan
    5:55 pm on May 9th, 2014 7

    Congrats on the bonus and CC rewards while chipping away at that credit card debt and car. I hope the vacation is fun! You’re making really great progress here, keep at it :)

  • investmentroadtofreedom.com
    9:41 am on May 10th, 2014 8

    Thanks Ryan. Chipping away at that credit card was a good feeling and one that should be potentially gone this year. Thanks for stopping by!