Tag: investing

Champagne Plans On A Beer Budget

Published on by RV-on-FIRE.comLeave a comment

As camping season begins, we are contemplating how we are going to manage our budget and still not short change ourselves on the experiences we have planned. Up to this point, we never really took budgets into consideration. When it came to vacations, our attitude was always “we are on vacation, what does finances have to do with it?”

To say I’m a little nervous about the upcoming adventures would be an understatement. We did well on our first test when we went on one of our regular Vegas trips, which you can read about here and here. The real question now is how do we maintain that momentum throughout an entire summer? A summer in which we will have numerous small trips planned to go along with a two week, six state journey. Continue reading “Champagne Plans On A Beer Budget” →

Sometimes, It’s Better To Be Lucky Than Good

Published on by RV-on-FIRE.com1 Comment

I wanted to take a moment to write a little more about our personal story. Early in our relationship we had what I would consider an amazing run of luck that would shape our financial lives. While the events were planned, the timing of those events coincided with significant runs in different markets that helped launch our financial portfolio and shape our lives to this day.

Before my wife and I got married in 1999, we had acquired a decent amount of stock in Intel (INTC). Little did we know this investment would blossom into an actual portfolio and set us on the path to financial freedom before we even considered the possibility. Continue reading “Sometimes, It’s Better To Be Lucky Than Good” →

Haters On FIRE!

Published on by RV-on-FIRE.comLeave a comment

I have been reading various financial articles and blogs and it appears some people just don’t get it! Or could it be something else?

The latest article I read was from a well known business publication doing a Q & A session with a so called financial expert. Continue reading “Haters On FIRE!” →

The Stock Market Ride

Published on by RV-on-FIRE.com1 Comment

Anyone who has watched or invested in the stock market knows that it is not always for the faint of heart. The market has a way of making you really feel good just before it punches you in the gut.

I enjoy watching the daily ebb and flow of the market. I know I’m in it for the long haul. I don’t worry about big drops or big gains on any given day. The dollar amounts can be sizable, but I don’t need that money today. If you are a person who’s stomach turns at the thought of losing the equivalent of someone’s annual salary on a bad day, week or month, then it’s best you focus your attention elsewhere and stay away from CNBC. Continue reading “The Stock Market Ride” →

RV Buyers Guide

Published on by RV-on-FIRE.com2 Comments

When it comes to RV’s, there is certainly no shortage of choices. In fact, it can be downright overwhelming if you are new to the industry and trying to decide on the first rig for your family. Do you want to tow it? Do you want to drive it? Do you want a trailer? Do you want a 5th wheel? Class A? Class B? Class C? Gas? Diesel? Tiny house? Ok, not so much on the tiny house, but they are an option now and I’ll admit I do enjoy the show on tv. Continue reading “RV Buyers Guide” →

April 2019 Financial Update

Published on by RV-on-FIRE.comLeave a comment

April is always one of the worst saving months for us historically. Unfortunately, this April was no different. I always play a little game of Russian roulette with our taxes because I despise government spending and waste in general. I choose to hold onto my money as long as possible before the politicians get to waste it; especially state government like we have in California who waste countless taxpayer dollars on lame ideas like a high speed rail line. Um, it’s California! We like our cars and we are not taking a stupid train anywhere, but I digress. Continue reading “April 2019 Financial Update” →

First Quarter Update

Published on by RV-on-FIRE.comLeave a comment

The first quarter of 2019 was a welcome change from the end of 2018. It was also what I consider the beginning for us in terms of our pursuit to achieve financial independence.

We had purchased our new RV in the middle of 2018 for which we used a significant amount of cash. Then I stumbled upon a blog by Mr.1500 at 1500days.com which peaked my interest in the #FIRE movement. Following his blog and journey to #FIRE was an awakening for me. It made me question our lifestyle and ultimately helped set us on our own journey to achieve a life detached from the constraints of a required work day. It’s amazing that such a simple concept can change one’s life so dramatically.

Here is how we ended the first quarter of 2019.

Portfolio- $935,504 (Cash and Investments)

Portfolio Goal – $1,500,000

Amount needed to reach goal – $564,496

Our portfolio increased by $104,025 which is about 12.5% from the end of 2018.

Net Worth – $1,125,231