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I'd highly question that you get even half the value of the pool back. How do you get 2x?
I think its in conjunction with my house being a foreclosure dragging value around me down and a house nearby on the same street just sold for 850k with the same squareft and pool.
Yeah pool usually yield you 50% of what you paid..but when it comes to high end pools, you can claim it cost 150k or 175k to build it and they believe you(not to mention we got a quote of 150k for the same pool). So I would say my pool probably adds 75k to the property value.
Just checked my savings. Noticed that fidelity no longer displays the account value change graph it used to have on my home page (can't even find it anywhere).
Overall 401k gained 8-9%; IRA gained 15%; taxable under my control gained 15% (not considering tax); RE gained maybe 5%. 2016 has been good to me (I know it's been even better for wife).
Because of this thread, I started working on some numbers last night. I know it's a bit of a waste of time because I'll have to do it again in a few days but I was bored.
Assuming the market doesn't crash in the next 48 hours, it looks like we made out reasonably okay. Despite some big expenditures, our portfolio is up about 7-8%. I didn't look at the debt figures. We paid off a car, reduced our mortgage balance, and took out a new student loan so it should be fairly even.
I turn 34 today! Gosh time flies..used to age slowly...now every year just goes by so quickly.
Yearly report.
NW beginning of 2016
~950k-1 million
Income post tax: ~250k (401k already taken out)
Expenses:
-110k on a pool/summer kitchen
-7k on a used car when factored in the one we sold to replace this
-~40k in living expenses, vacations, gas, food, electricity, property taxes, everything
Savings for the year:
28.5k for Child's prepaid college tuition
56k in Peerstreet
24k in vanguard taxable
18k in 401k
5.5k in roth IRA
5k in Lending club
7.5k in preferred stocks.
31k of random money that needs to be invested
Liabilities: 0
House value: beginning of 2016: ~620k
End of 2016 ~850k (mostly it's the pool)
401k Beginning of 2016: ~144k
401k End of 2016: 187k
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