April Wrap Up

Continuing my catch up – here’s how the Money Game fund looked at the end of April:

Monthly Deposits Beginning Gain Ending % Growth
         
July, 2016 0 $509.86 $509.86 N/A
August, 2016 $509.86 $1,214.77 $1,724.63 238.26%
September, 2016 $1,724.63 $1,422.87 $3,147.50 82.50%
October, 2016 $3,147.50 $1,493.36 $4,640.86 47.45%
November, 2016 $4,640.86 $1,119.90 $5,760.76 24.13%
December, 2016 $5,760.76 $1,502.69 $7,263.45 26.08%
January, 2017 $7,263.45 $473.73 $7,737.18 6.52%
February, 2017 $7,737.18 $979.77 $8,716.95 12.66%
March, 2017 $8,716.95 $3,795.91 $12,512.86 43.55%
April, 2017 $12,512.86 $896.85 $13,409.71 7.17%

On one hand, I was disappointed with April. I still haven’t found a way to make the MG earn its keep. On the other hand, it grew more than 5% which is what I hope to manage each month.

April also saw the completion of Level 161.

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5 thoughts on “April Wrap Up

  1. The only thing I’ve come up with for making my money work for me (as opposed to me working more by buying & selling things) is investments of some sort. I can’t contribute enough now to make a Betterment account worth it, but my MG funds are in my rewards checking account so they earn money there. I am still debating investing in real estate later on.

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    1. I’m beginning to feel like I need to realize that the process of grabbing money I see is working and not to try to force anything else right now. I think if I just keep seeing it as a fun game, ideas will surface more easily.

      I have bought and sold individual stocks at a profit but I’ve never had money pile up as quickly as it has when I just track it in the Money Game. The stress of worrying about an event hitting my stock position wasn’t worth the little bit I ended up netting.

      For me, anything I can save is huge. There’s no extra taxes to pay either. Looking back, I should have choose an hour being home to buy groceries and cook for the freezer over an hour of OT or on call pay.

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  2. Yes, so long as I’m seeing month to month increases that are better than a typical stock market annual return it seems counter productive to change process. Also, capturing savings is more rewarding to me as a process &result than making a sale–I’d rather write up & sell a little article about how to get the sort of deal I found than sell that item for a profit. If I don’t enjoy what I’m doing to increase the MG funds, it wouldn’t be a game anymore.

    I think the game aspect of this is why I am sticking with it. It’s about finding what works for me to get to the next level, not following someone else’s path.

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      1. Yes, 10-12% annually is what I recall is considered good returns, and I’ve seen people be happy with 7-8% in slower times. Some people recommend trying to find 12-15% returns to beat out the typical index bond return with room for inflation, but that comes with higher risk. As my fund grows, I would think 1% a month would be a good return, especially if it continues to have little to no risk. At some point even that will be difficult without another income stream, but I think I would reach the point of investing in real estate well before then.

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