Practical approach to sustainable wealth
In our journey to Financial Independence, I have been tracking three key metrics: Net worth, defined as total assets – total liability Accessible net worth, discounts equity in the primary residence, and Adjusted accessible net worth, which further discounts funds in retirement portfolio which are inaccessible without penalty until age 59. We achieved our first […]
It is the time of the year when I do an annual review of how AVI family performed financially. The progress report on years past can be seen under– 2019, 2020, 2021, 2022. Here is the summary report on how we did on various personal finance metrics that I like to track (as percent of […]
Its again time of the month when I report net worth status for AVI family. For folks who are new to this blog, I want to quickly summarize how I report net worth and what are the key metrics that I track month-to-month. The basic Net Worth equation is: [math] \text{Net Worth} = \text{Total Asset} […]
STEP stands for (S)imple, (T)olerable, (E)nduring and (P)assive. Before I dig deep into my revised investment philosophy and the changes in AVI portfolio that it has entailed, lets take a look back into the 3-years of investing life that was guided by my prior investment philosophy, which I put to pen in late 2017. For […]
Time for yet another monthly update on AVI family net worth status. As I noted in my last net worth update post, AVI family net worth has surpassed the semi-retirement phase of the 4 phase FIRE path (these being: accumulation; semi-retirement; financial independence and traditional-retirement), i.e., net worth is equal to or greater than AVI […]
Wow! its mid March and for the very first time in a very long time, I missed out on updating AVI family net worth status on time. In the hind sight the delay in reporting has been worth it! As of this writing, I am happy to announce that AVI family has achieved their first […]
Note: I began writing this article last weekend, but for some reasons could not finish it. A few updates since, Gamestop stonk seems to have fizzled; markets seem to have re bounced back very nicely from the 3 % decline of prior week and it looks very likely that Biden 1.9 Trillion dollar bill will […]
Back in June, I talked about flavors of FI/RE, in particular the two versions there of, coast-FI/RE and flamingo FI/RE. These flavors of FI/RE are quite similar in their core ideas, i.e., transition from the rat-race of full-time employment to financial independence and retirement, through an intermediate step of semi-retirement. The essense of this idea […]
I have been meaning to complete my series on Portfolio Hedging for some time now. However, with two kids enrolled in full-time online classes, my mornings are now occupied taking care of kids and their schooling needs. Much of my for-pay work now happens in the evenings and as a result the times that I […]
This has been a big month for AVI family. Of the three key metrics on the path to FI that I track, two metrics have now crossed their threshold value. Have a look at the numbers below (highlighted in red): Net Worth (as a fraction of FI number) (NW): 78.12 Liquid Assets/ Debt Ratio (LDR): […]
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