Well what a crazy year its turning out to be already. As I type this update the stock market is having a mini crash “correction” and due to rampant manipulation and HFT action wiped many people and their retirement plans out this week in less than a few of hours. If you are a long-term investor many years from now this will only be blip in your portfolio. I find my FI journey hit by more than a temporary stock market drop but also an unexpected health crisis. After running my out-of-pocket insurance and health costs I find that my FI track-able date has been pushed back. It was 7.24 years in December and now has turned to 8.95 years per end of January. These extra working years and the next couple of years recovering from the cancer treatment I will receive is a small price to pay for my long-term health. Thankfully in my retirement journey I started early enough to pack away a sizable chuck of money some of which will now be used to cover my part of the health insurance coverage.
On a lighter note it seems my electric experiment has worked and as in my area we are already transitioning into spring weather it will be coming to an end soon probably after next month. I haven’t yet quite figured out how to cut electricity/gas in a summer desert environment. In my next newsletter I’ll detail the steps I took the past winter to cut my gas heating bill.
Below is my annual tracking of the utility bill.
Jan 2014= $186.35 Feb 2015=$214.66 Feb 2016=$215.18
Feb 2017=$285.81 Feb 2018=$75.72
Now on to the FI status graph:
What are your thoughts on the stock market these days?
Any suggestions on ways to cut cooling bills for this upcoming summer?