{"id":1256,"date":"2023-01-17T10:23:02","date_gmt":"2023-01-17T15:23:02","guid":{"rendered":"https:\/\/rthomas.xyz\/?p=1256"},"modified":"2023-01-17T10:23:04","modified_gmt":"2023-01-17T15:23:04","slug":"start-of-2023-financial-talk","status":"publish","type":"post","link":"https:\/\/rthomas.xyz\/?p=1256","title":{"rendered":"Start of 2023 Financial Talk"},"content":{"rendered":"\n
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From PixaBay<\/figcaption><\/figure><\/div>\n\n\n\n

2022 was a shit year financially and also a rough one for most investors, including me. Last year, there were a few times where the my portfolio and my overall “profit” for this year went down 3 or 4 grand in two weeks. I do my finances every two weeks (I missed a week last year and it was 3 weeks at one point) and there were times where I painfully entered a number in the red. Now, I feel sorry for people with failing businesses. In the end of 2022, with both my portfolios and retirement, I gained $7,000. This year, it was the first for adding retirement to the whole deal. If it weren’t for adding that, I’d likely miss on my “profit” for this year.<\/p>\n\n\n\n

With dividends, I did predict I wouldn’t get 2.95 times extra on 2022. In 2020, I got $220 in dividends & interest. In 2021, $658 in dividends & interest (6.58\/2.20=2.29) plus #379 in other gains, equaling to $1037. In 2022, $1303 (about 1.99) in dividends and $347 in other gains, equaling to $1650. For 2023, I think things will improve and I’m going for an overall of $3400 of all gains, dividends & interest in 2023. I think I’ll go past the double mark in dividends this year. I’m thinking about $2800. We’ll see where I’m at this time next year.<\/p>\n\n\n\n

I did say that 2022 was going to be a bad year financially<\/a>. I just thought it would reveal it’s self later than sooner. But by January, the stock market took a good shit and there were about four more big drops. <\/p>\n\n\n\n

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From TradingEconomics<\/figcaption><\/figure>\n\n\n\n

I suppose it got bad sooner than later. One of the reasons why I did not get a good multiple on dividends in 2022 is, one of course, the shit economy. But also, I didn’t put as much in the stock market in 2022, as much as 2021. Again, I’m confident in 2023 being a better year. And so far as of this writing, my portfolios and retirement went up over $3000. Of course, this big gain as much as this won’t be every two weeks, there will be shit two week intervals in 2023, but I don’t think I’ll see as much. (Saying “as much” quite a lot here).<\/p>\n\n\n\n

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