Here’s the half year update from the resident non-trader, index funds only, buy never sell, stop trading and churning guy. I’m providing this simply as a benchmark of how my strategy is doing so far this year.
Total return +7.4%
I had to back out the new money we added and saved but this is pretty close. Our portfolio is about 30% bonds and 70% equity funds.
If we could maintain this for another 3.5 years, we’d be at 42x yearly expenses saved at the time we’re age 51. At that point, staying in our careers becomes pretty optional and at our discretion. Naturally, this assumes no black swan events. Personally, I would be satisfied with 7% a year for the next three years as opposed to every 6 months, which I do not think is realistic at all.
I’m sharing the prior paragraph of info as a personal validation of why I believe in this strategy.