After a few months of saving a little more and trying to get over the $50,000.00 mark, we finally reach another goal. This month was a little crazy with having to pay close to $700.00 in vehicle maintenance. Along with having to pay for a few wedding things. The stock market is really the reason we jumped up this month. We are going to enjoy March because the next few months are not going to be a good to us(at least I believe)Lets break it down:
Cash & Savings: Still smooth sailing with the cash savings, a nice little $1500.00 jump. I would love to have this growth every month. This has a few fund in it that we are saving instead of reinvesting. For the most part, this money grows from money directly transferred from paycheck to my money market. I do not see this money unless I have a big emergency. It is the money that we are saving for a downpayment on a house.
This bracket holds the funds for insurance, auto maintenance, Roth IRA, and vacation. This is why it can be a little deceiving, it also holds my monthly budget in it. It has about 13-15k sitting around as savings the rest are funds that are going to be used at some point over the year. The rest is used on a daily bases for covering expenses, rent, food, auto, etc...
Stocks/Brokerage: Stocks still seem to be slowly growing. I bought more stocks and sold out of my (FAZ). I have decided to hedge with commodities rather than a leveraged ETF. I bought the rare earth metals I was watching last month (AVARF). I purchased some Royal Gold Inc. (RGLD) at the end of the month as well. The other gold/silver and mining stocks and couple other random ones - (GLD)(SLV)(EGO)(AUY)(ZQK) ZDK finally took off after their earnings report, now I wish I owned more, it is up 103% since I bought it. I am one month from dollar cost averaging in silver every month. I believe that silver is going to be one of the best investments and that it could get up to $100 (spot).
As you can see I am heavy in commodities in my brokerage account. This is all based on my thought that over the next decade the best investments are going to actually be in hard assets. My Roth/IRA/401k are in pretty common index funds and mutual funds so I figure I can go more risky with brokerage. I believe these will out perform equities in the next decade and if nothing else I feel more comfortable with my portfolio diverse. I am bearish on the US Dollar and US Economy, I believe that trillion dollar deficits are not going bode well for the USA.
Retirement 401k: This braket is just me adding money to my 401k every month. Saw a nice little jump this month with the stock market. I'm not really checking on this bracket(daily/weekly) as it really long term and I just keep pumping money into it every paycheck.
Retirement IRA's: Slow growth here this month. I still think the market is going to correct itself. I will keep cash on the sidelines and just try and max out my fiancés and my Roth's next year. In this bracket I have all Vanguard Funds (VTSMX, VGSTX, VEIEX)
Debts and Liabilities - Vehicle under 10K!! Credit Cards done...
Credit Cards: This is just a more car maintenance along with purchase of airplane flights to a wedding that I put on credit, it will be paid off before I am charged - I pay off any Credit Card debt monthly.
Car Loan: I am paying 4% APR on it so I am paying a little, but not a ton. Still looking to pay it off early-will probably be a goal this or next ear. I ended paying near $458.00 dollars in interest last year, but still just contemplating paying off early. We are still saving up for a house so not sure its in our best interest to get rid of our cash sitting to be debt free on my vehicle.
March was another great month considering how bearish I am on the economy, sovereign debt, and our government. Next few months are going to remain crazy with all the wedding stuff with time and money so we will see how everything goes, would love to keep having months like this one.
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