Financial Freedom Update #3

April – 3 Months

It’s that time again, a new month calls for a new update.  

Our investment accounts have been rolling for 3 months now, let’s see how they are doing.

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Betterment High Interest Savings – Initial Deposit $5,000.00.  Last month’s total: $5,014.84. Interest Gained $4.10.  In order to capitalize on the Coronavirus induced market downturn I moved $4,000.00 from this account into my General Investment Account.

Total Amount Invested: $1,000.00

Total Interest Earned to Date (Passive Income): $18.94

Running Total: $1,018.94

Betterment Investment Account – Initial Deposit $10,000.00. Surplus March deposit $10.39.  Additional investment made to capitalize on the market downturn $8,000.00 ($4000 from income tax return & $4000 from Betterment Savings Account).

Total Amount Invested: $18,010.39

 Last month’s total: $9,105.87. March’s Betterment Performance -$1,021.48.

Total Dividends Earned to Date (Passive Income): $45.15

Running Total: $16,094.78

My personal retirement savings now totals:

$137,236.75

I will admit that investing more money into the market at this time is a little bit stressful. All over the news you are hearing about how the stocks are plunging due to the coronavirus outbreak, which has also detrimentally affected my Thrift Savings Retirement plan.  At the same time, when the markets are low it is time to invest, also with the stimulus plan passed the markets will no doubt rebound. Of course, with time, this crisis will pass, and when it does I look forward to reporting my fortuitous gains.

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I will be focusing our additional monthly savings due to our budgeting into restoring our Betterment Savings Account back to its full strength, unless of course another advantageous investment period rears its head once again.  

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