March 2022 Financial Update

Another month in the books! We finished the month of March in the black marking our first positive month the year. But like most of you, we experienced our first negative quarterly returns in two years. At the lows we are nearly $175k in the hole so it was nice to see a recoverey albeit a small one. There is a long way to go just to get back to breakeven on the year, but that is really out of our hands so we will just take it one month at a time.

Given the current geopolitical environment and rising interest rates the chances of a rally to higher levels, similar to what we had in the last three quarters of 2020, seam to be slim to none. If things continue down this road the best outcome we can probably hope for is a breakeven too slightly positive year. Even that might even be a stretch.

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Dividend Portfolio Update

It’s been almost two months since we have had a chance to give an update on our dividend portfolio. So far we have fared pretty well even as the markets have been extremely volatile. Since our last update the markets have experienced a correction, a war in Europe and the fed has started raising interest rates. Not exactly a great environment for price appreciation. But if you have cash on the sidelines there are a ton of opportunities.

While there is still a high level of uncertainty due to inflation and geopolitical issues the markets seem to be taking everything in stride. Now that the fed had started raising rates the picture is becoming a little clearer as to what their strategy is and because of this there has been a little bit of a relief rally off the market lows. It was a nice bounce but there is still too much going on in the world to be confident of a continued rebound.

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One Year On The Road

Towards the end of February we passed the anniversary date marking one year full-time on the road. We didn’t get a chance to celebrate this milestone. As a matter of fact, we didn’t even know it happened. The date came and went as we were busy preparing to hit the road once again and failed to recognize our accomplishment.

Reflecting on the last year we have come a long way and yet it seems as though we are just getting started. Perhaps this is because we began our adventures in February, but it took another seven months before we actually started living life on our own terms.

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Millionaire Interview 13 – RV-on-FIRE — Dividend Power

The post Millionaire Interview 13 – RV-on-FIRE appeared first on Dividend Power. Millionaire Interview 13. I have started a series called Millionaire Interviews. There is no better way to learn how to build wealth than from those who have already done so. Along those lines, I ask millionaire bloggers or even millionaires who are not bloggers…

Millionaire Interview 13 – RV-on-FIRE — Dividend Power

Hello again! We recently did an interview with the folks over at dividendpower.org. We are reposting it here for our readers.

Hope you enjoy it!

Joe

February 2022 Financial Update

The year is off to a rough start both at home and around the world making for difficult times for people’s lives, budgets and the financial markets. Thankfully we were busy in February and couldn’t devote much attention to the headlines or the marketplace. However, the impact is being felt throughout our portfolio.

The month started off with the markets looking to reverse course from correction levels. While I enjoyed seeing this, I felt it might be short-lived based on the Fed and the uncertainty surrounding rate hikes. Then the world was rocked when a scumbag dictator with little dick syndrome and delusions of a Soviet renaissance decided to invade Ukraine. This along with the complete failure of American politicians to take steps to combat inflation, remain energy independent and help free nations deter aggressive foreign dictators, has put our economy and our country in a precarious position. These developments have sent the financial markets on a rollercoaster ride and are showing a lot of resilience. It’s amazing they are not down another 20% during this time.

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10 Essentials For Your New RV

Before you know it spring will be upon us and thus begins RV and camping season. With the huge increase in popularity for RV’s it seems like a good time to put out an updated list of essential items, all of which we use.

We have some items that are standard must-haves and part of owning an RV. Then there are some items that are essential because they make life a little easier and traveling a little more efficient and safer. There is something to be said for practical use and being full-time on the road that has given us a lot of experience in necessities of RV life.

You can find our original list from 2019 here. It’s a good list and while we are including items that are essential, we also strive to include some items that are not typically included on the standard lists people post.

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January 2022 Financial Update

Anyone else happy to move on from January? Perhaps this update should be titled “The Good, The Bad and The Ugly” as it might be more fitting? January was busy, expensive, and at times, frustrating. I don’t mind rough months in the markets as they are needed in order to facilitate long term progress. I would prefer large market drops happen in months where we are not already committed to shelling out a lot of cash. As the Rolling Stones song goes “You can’t always get what you want.” Hopefully we got it all out of our system and can move forward to greener pastures. Let’s stick with our theme for a little levity.

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