Sneak preview of what’s coming in August

I’ve recently been working on a number of new posts that I think all of you will really enjoy and I wanted to give you a brief preview of them.

July net worth update – this one is going to be a LOT of fun to write, as the second half of my commission check came in and it has catapulted us to somewhere around $5M in net worth. Check back in a few days for the details.

July investment income update – this won’t be quite as fun as the net worth update, as we keeping the entire commission check in cash. This means that although our net worth has increased, our investment income hasn’t.

2017 goals update – I’ll be reviewing my goals for 2017 and looking at how I’m doing at the halfway mark. I have some big successes and some total failures. I’m hoping to use the second half of the year to work on the failures.

The Money Commando True Wealth Index (TMC True Wealth Index) – I’ve been working for a while on this idea. My goal has been to find a way to provide a more accurate measure of a person’s net worth. The goal is for this measure is to be less affected by the ups and downs of the market due to valuation multiples. I have a solutions for securities, debt (bonds), and real estate.

The Money Commando Safe Withdrawal Rate (TMC Safe Withdrawal Rate) – this is the post that I’m most excited about. Using the TMC True Wealth Index, I have “fixed” the “4% rule” and created a way to have a withdrawal rate with a higher chance of success than provided by the traditional 4% withdrawal rule.

 

Do you have any requests or suggestions for things you’d like me to write about?

2 thoughts on “Sneak preview of what’s coming in August

  1. Looking forward to the TMC True Wealth Index.

    I have a simple excel sheet that I call my Portfolio Ledger which is nothing more than each asset in a column that grows at a conservative 5% rate each year. I like to see, based on the current month’s activity, how I am going to fair in 5, 10, 20 years.

    Thanks for the preview.

    1. You’re on the right track, but I think that a 5%/year growth rate is probably a bit too conservative and doesn’t have a connection to the underlying economics of your investments. Stay tuned for the TMC True Wealth Index…

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