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Friday, June 7

Making Progress Towards My Goals - May 2024 Update

I experienced another month of substantial earnings in May.

Financial

My goal this year is to invest 40% of my gross income from meeting work - 30% to index funds and 10% to something more aggressive.  In May I moved 40% of my meeting income to investment accounts.

In May, I earned $7,192 from meeting work.   I transferred $800 to the brokerage account where I make more aggressive investments followed by $1,200 for the June amount (why not get ahead!?!) and $2,500 to my other brokerage account as well as $2,500 for June. 

I purchased shares of the Vanguard Total World Stock Index Admiral Fund for the 30%.  For the "more aggressive" investment, I added to a PUT option on Beyond Meat.  When the meme gamblers started buying up zombie stocks again in May, I decided to add to a PUT option against Gamestop as well.

In addition to these investments, I made a $1,000 contribution to my ROTH IRA in May.

*This will not match what I report in my income blog as payments aren't always received in the month the work was performed.

Health

I'm doing well meeting my exercise goals by exercising at least 5x/week.  

Simplify

I canceled the Chase Ink Business Preferred Card and the $95 annual fee was refunded.  

Have Fun, on a Budget

Finally, a vacation.  I booked some travel for July.  I will visit my mom in Richmond, and then meet my partner in Charlotte.  We will drive to Asheville and spend 5 days there.  This is the first vacation we've taken this year other than a two night Margaritaville cruise we took in January.  Since I redeemed points and miles, this should be a relatively frugal vacation.



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