Hope all is well. I continue to embrace the blogging community and I continue to love it. Just a quick post tonight about my 401K Portfolio. I said that I would post about the 401K when big changes were made or about twice a year in July and January. Usually in June and December, some of my funds pay some dividends and after 6 months of new capital, there are a decent amount of shares added. My company's 401K policy is that employees receive 3% company match throughout the year and then a bonus of 2% at the end of the year. My portfolio now looks like this:
As of 7/5/2015:
At the present time, I view my 401K Portfolio as an added bonus to my path to financial independence. The overall goal of my investing journey is to retire at an age much younger than most which is why I am mostly invested in a taxable account. I need to be able to retrieve those funds and more importantly, the dividends that are generated to support our family when the time comes. I call my 401K an added bonus because from what I have read, I cannot touch that money until at least age 55 (depending on stipulations that I may or may not be able to take part in) but most likely 59.5 without incurring penalties. Therefore, this money will sit in my account just compounding away for the next 32 Years!
Combining both my 401K and my taxable account, I hold roughly $143,000 in investments!
This is an increase of about $30,000 from my last post in February!!