In the middle of February, Mrs. Groovy and I achieved our highest net worth ever. The economy was humming along and my investing acumen was never more fruitful. But then the scourge of the Wuhan virus hit our shores, a nationwide lockdown ensued, and the economy tanked. By the end of March, our once glorious …
Our financial groin has been getting stomped on by the coronavirus. Since 2/19/2020, our net worth is down $289,000. And for this month thus far, our net worth is down a staggering $175,000. Check it out. And, yet, Mrs. Groovy and I smile. Stocks are on sale and we’ve already exchanged $90,000 worth of bonds …
If you’re a FIRE enthusiast, and you don’t want to be mocked and vilified by other FIRE enthusiasts, you better know the following numbers like the back of your hand. Monthly Expenses In order to know your FI target number—the amount of money needed to be considered financially independent—you need to know your monthly expenses. …
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When my good friend Fritz over at The Retirement Manifesto calls for a chain gang, I don’t ask questions. I do whatever I have to do get in on the chain. In this chain gang challenge, Fritz drew inspiration from JW over at The Green Swan. JW devised a handy tool to gauge your progress …
Oh my gosh. We’re practically half way through August. FinCon 2017 is just around the corner. Sadly, Mrs. Groovy and I aren’t attending this year’s conference in Dallas. Too much on our plate. (I know. Lame excuse.) But if we were attending, I’d be nervous as hell. After all, to the blogging community, I’m a …