Captain FI Net wealth Update Q1 2026

CaptainFIs financial and personal update for Q1 2026

Captain FI is not a financial advisor, does not hold an AFSL and this article is not financial advice. This website is reader-supported, which means we may be paid when you visit links to partner or featured sites, or by advertising on the site. For more information please read my Privacy Policy, Terms of Use, and Financial Disclaimer

Executive Summary

Q1 2026 Net Wealth: $2,743,487

Change from last quarter: +$294,741 (property valuation increase being main driver)

Savings rate: N/A – (slight increase in cash savings from $7k up to $10k – target is $40k)

Total spend so far Q1 2026: $26K – $9K spent on holidays (that were booked and mostly pre paid last year), Vehicles due for maintenance, insurance and registration, repairs and maintenance, utilities.

I will omit the ChatGPT summary for this update as it seemed to really rile up some of the readers last time- rest assured this is all typed by my two wonderful (and currently blistered from weeding) hands.

Big growth in property prices so far this year, I also received approx $20K in paid parental leave. Sold some more websites and old machinery. Traded / bartered a heap of produce from the farm (honey, bananas, bees etc) for things we needed like tradies to do some jobs and also for things my wife wanted off marketplace. Spent a lot of money in Tasmania, in Japan and on annual vehicle costs and farm costs (servicing, registration, insurance etc). I had also forgot to add my boat, tractor, tools and furniture to the running NW tally previously so now included that which is why it seems like a killer quarter growth its not actually as spectacular as it sounds.

At any rate, we are probably the living definition of asset rich, cash-flow poor – as a result my wife is currently contemplating to re-enter the workforce part time (1 day a week) doing medical assessments.

Captain FI’s personal update

The first Quarter of the year flew past (pun intended?). We had a Brilliant time in January visiting some very good friends down in Tasmania, and then in February we went over to Japan to catch up with family that lives in Tokyo. Japan turned into a big event as other family flew out to join, as well as a very good mate of mine who was actually already in Japan on the tail end of a 3 month Europe and Asia trip to celebrate him officially retiring (after reaching their financial independence figure several years ago). Congrats mate – you know who you are!!

Tassie was incredible – we love the north east coast (bay of fires) and life when we get to visit the shack is brilliant – slow, we did jigsaw puzzles, swam in the (freezing!) waters every morning and afternoon, and battled the winds and waves as we fished for crayfish. We managed to catch Kina (sea urchin), Red Velvet crabs, Blue throated Wrasse, and even a couple of crayfish. A highlight was also a pick-your-own blueberry farm in St Helens where my daughter probably ate her own weight in blue berries! Its just great to spend time with your mates especially now we all have kids.

Japan was a stark contrast – the cities were incredibly busy, flashing lights and sounds, people everywhere and just an absolute constant dopamine overload. We thankfully didn’t hang around in the cities too much, and got to enjoy some more regional areas. Having said that, I think I got over my aversion to the busy city in the end, but I did much prefer Sapporo and Osaka to Tokyo. Visiting Hiroshima and going to the Atomic Bomb museum was an incredibly powerful moment, it is hard to describe because the place just leaves you speechless, and honestly a little emotional and depressed. But for good reason.

An absolute highlight for me was riding the Shinkansen for the first time – reaching speeds (and comfort) akin to flying in an aircraft, but not having to deal with customs, immigration (or having to actually fly the plane myself!) was a real delight. As was cracking open an (AUD) $1.20 500ml can of Asahi lager and watching Mt. Fuji zoom past in the distance whilst I had my Kobe beef ekiben lunchbox.

We brought home some absolutely incredible kitchen knives which have been making cooking a pleasure, and even though they were expensive I think it was definitely worth it.

I won’t upload any photos here because I am a bit time poor at the moment, but I did put some good snaps up on socials (facebook and Instagram).

Otherwise family life is good – we have the in laws visiting at the moment for the next 6 months which is an absolute godsend, and its really nice to have the house feeling more filled up.

We are refinancing the investment property and the home mortgage just to improve our cash-flows, but will keep our main priority of paying down the mortgage as soon as possible, but switch the investment property over to Interest Only. As part of the refinance we are looking at withdrawing a chunk of equity to invest in solar panels and battery, so we are in the process of getting quotes and figuring this out. We have had some really high power bills lately so its going to make sense to upgrade our current (small 7kW) system eventually. Eventually this may lead to purchasing a second hand EV – especially if fuel prices continue to escalate!

We did some rough ‘back of the envelope’ maths though, and for our current amount of driving we probably wouldn’t break even unless fuel got up around $5-6 a litre. As always, its generally best for the majority of us, to just simply keep driving our current cars and to reduce our usage, before splashing out $50k+ on an EV. (with all the associated additional costs, and lost opportunity cost of investing).

We also got another dozen chooks, and currently seriously contemplating adding the sheep to our backyard paddock to keep on top of the grass. The orchard and gardens have been producing really well – we’ve been getting an abundance of honey, ginger, bananas, citrus, galangal, lemongrass, tumeric and a bunch of other herbs. I cant wait to eat my first custard apple which is ripening up soon, as well as our first lot of avocados. We also sold a few beehives that we had split, which was a great proof of concept for my idea to continue expanding the apiary and potentially become a hive supplier in addition to selling the honey.

Captain FI podcasts

I have No new podcasts but I am going to do a monologue shortly with just a life update, and there are a few interviews I am lining up for the year. Overall I don’t think we will ever see a high tempo podcast again, so they will more just be sporadic when I find a topic I find interesting or there is value to share in a discussion.

Check out the previous episodes of the Financial Independence Podcast on Spotify or now they have been uploaded to the CaptainFI YouTube channel!

Captain FI blog articles

I have been slowing down with the blogging while we adjust to life as parents on the hobby farm, and this quarter we really did a lot of travel.

Captain FI 2025 spending figures

As I have talked about in my last few updates, my spending has increased a lot since we bought acreage and started our family. For contex over the past few years, my total spending figures (cost of living) were roughly;

• 2019 – $25k – Renting a subsidised Sydney apartment (single), working full-time and non-tax/resident for half the year.
• 2020 – $30k – Renting subsidised Sydney apartment (single), working full time with lots of away trips
• 2021 – $43k – Renting subsidised Sydney apartment (single), then moved to Adelaide
• 2022 – $32k – Renting apartment 6 months, then moved back in with my Mum as her carer
• 2023 – $69k – Renting a small house with my girlfriend (our combined total household spending figure inc holidays)
• 2024 – $144k – Moved onto acreage with my wife (large expenses furnishing house, farm projects etc)
• 2025 – $119K – Projects around the property (fencing + landscaping), wifes new car, 2 x overseas trips, 2 x domestic trips
• 2026 – $26k – So far in Q1, 2026 – $9K spent on holidays (that were booked and mostly pre paid last year), Vehicles due for maintenance, insurance and registration, repairs and maintenance, utilities. More spending expected on solar panels and battery, landscaping and potentially building the new shed.

Our baseline cost of living estimate is around $70k per year (mortgage, groceries, rates, insurance, transport, health etc), and we seem to average around $15k a year on holidays and recreation. This figure always changes around because it isn’t a budget and doesn’t dictate our spending – it’s just what we seem to spend around, and works for us. In addition to that I have been spending money on farm projects and upgrades, which I am considering ‘one off expenses’ (that should end up making us money in the long run) and I dont factor those projects into the projected cost of living.

Going forward I’m estimating around a $85k annual spending figure, which is good because it means we only really need to generate around $8k a month income to cash-flow our baseline living costs after tax. This means any surplus we can put back into the business, shares or property upgrades (such as expanding the apiary, stock, fences, shedding and equipment).

Captain FI’s Investments

I don’t calculate a Net Wealth or Savings Rate Figure each month anymore, but I do try to keep a rough track of everything for these quarterly updates

My investments are split across the following areas;

• The ‘FIRE’ Portfolio of Index ETFs (SOLD December 2023 to fund dream home).
• Global shares – Betashares diversified high growth ETF (ASX:DHHF)
• Acreage – hobby farm in Queensland.
• Investment Property in New South Wales – Residential duplex
• My company – which runs a portfolio of content marketing websites
• Angel Investment in the investing platform Pearler
• Cash (Emergency Fund in the mortgage offset account)

NB – December 2023 I sold the ‘FIRE’ Portfolio (mix of Index ETFs) to fund my dream acreage purchase. In July 2025 I have started rebuying shares using the Betashares DHHF Diversified high growth ETF as the I believe the convenience of having an ‘all-in-one’ fund that is Australian domiciled for a incredibly small management fee of 0.19% is worth it for us.

My wife tracks her own investments separately and her investments include;

• Overseas property
• Global Shares – Betashares diversified high growth ETF (ASX:DHHF)
• Global shares index fund via her superannuation
• Cash (emergency fund)
• Shares of several family businesses including a hospital, aged care facility and school.

The ‘FIRE’ Portfolio (Exchange Traded Index Funds) – SOLD

The ‘Financial Independence Retire Early’ or FIRE Portfolio was a simple, passive share portfolio started in January 2018 with the aim of growing wealth through both capital gains and tax efficient franked dividend income.

It was split between three parcels of incredibly low-fee, index-tracking Exchanged Traded Index Funds (ETFs) to achieve global share market diversification – A200 (15%), VTS (60%) and VEU (25%), and I tracked the share portfolio using Sharesight, which means my portfolio accounting and tax reports were all completely automated.

After six years of passive index fund investing where I bought shares every payday with the intent to live off dividends once I retired, I finally sold the entire portfolio in December 2023 so I could buy my forever home – a large luxury home on acreage in the SE QLD hinterland where I can hobby farm and raise my family in peace and quiet.

Cashing in the chips I sold approximately $1.7M of shares with a total profit of $264,391.98 or in other words an annualised return of 10.51% – which was an incredible feeling. Whilst it was difficult to let go of that passive income stream and the market has continued to grow since I sold, I had achieved what I set out to do which was to become financially independent, retire early from the rat race, and buy my dream acreage to raise a family.

Global Shares – Betashares diversified high growth ETF (ASX:DHHF)

Back in July 2025 I started rebuying shares with a $5,000 purchase of DHHF. Whilst the priority at the moment is paying down the mortgage to reduce our overall risk and cost of living, I still wanted to get the snowball started. Whenever we refinance the investment property to pull out extra equity, we will likely roll this into buying more shares (to keep that portion of the loan tax deductible). It just makes sense to pay down the non tax-deductible debt first where possible, before adding to shares.

We decided it makes sense to also invest in my wifes name as well, which gives her control and also allows us to optimise tax a bit if we do decide to sell off any shares as we can pick who ever is earning the least that year.

Captain FI’s Primary Place of Residence

The current PropTrack automated online valuation estimate is $2710K, which is up $117K from the last time I checked it for the Q4 2025 net wealth update.

Because of a lot of recent spending, we have actually gone backwards so currently owe $500K on the mortgage, with $10K in the mortgage offset account. The net mortgage position is $490K, of which I pay a ~$4000 monthly repayment. Repayments went up recently with the interest rate rises.

In previous updates I had mentioned we had plans to Debt Recycle. After we crunched the numbers and spoke to our accountant, we discovered it’s not really worth it for us. Interestingly, doing the debt recycling would have made for great blogging as I could present lots of nice investing charts for my readers and potentially grow some new affiliates in that space, but realistically it wouldn’t be genuine as we personally want to focus on reducing our hobby farm debt and our overall risk now that we have a growing family. So for now that just means smashing down the loan as quickly as possible and accepting that this is a slow and steady, boring process.

Captain FI’s Investment property

The current PropTrack automated online valuation estimate is $894K, which is up $67k from the last quarters estimate.

Its currently negatively geared and this property costs me about $100 per week to hold. We do get a small amount back on tax so the actual end of year cost is probably closer to $75 a week at the moment. However when we switch to interest only, the repayments will drop and it will become cash-flow positive, and we can start funneling that money into paying down our non tax deductible home loan debt.

Our current mortgage has about $527k remaining, so if we can refinance the existing loan for a higher amount we would just be putting the difference into growing our shares portfolio to rebuild the passive income stream (the trick here is you MUST reinvest the money into an cash flowing investment asset or else that portion of the loan ceases being tax deductible – if in doubt talk to your accountant).

In a couple of years, if property prices keep going the way it has been going, we could probably sell the IP and take the capital gains tax hit, and then use the proceeds to pay off the mortgage on the hobby farm and then throw the rest into shares for more passive income.

I have previously written a full separate article on the IP build if you want to know more about the process – CaptainFI’s residential property development investment.

Captain FI’s Online Business (website portfolio)

I make money from this website and others through a content and affiliate marketing strategy. These make money semi-passively from display Advertising through managed ad networks such as Google Adsense and Mediavine, and affiliate programs such as Amazon Associates .

I’ve written a pretty detailed article here about how to make money online, and I recently published a few more articles about how to start making money online for beginners, as well as an ultimate list of blog income reports for anyone wanting a peek into the industry.

The overheads are pretty low – just some software subscriptions, and I’m back to doing everything myself again to save on outsourcing costs – previously I used a bunch of virtual assistants and writers, but I’m avoiding this cost at the moment to maximise how much I can pay myself (so I can service my mortgage!).

I have also started to do some more active style work with consulting and freelancing on web design, SEO and marketing – if you need advice, get in touch.

On one hand I want to be transparent with my investing and money, but when it comes to the websites I have to maintain privacy about SEO, traffic, contracts and cashflows as it is my business and I don’t really want to invite direct competitors into my space. So that’s why I don’t publish my business income or valuations anymore.

A while ago I decided to shift my strategy and just work on a couple of bigger sites rather than trying to spread myself too thin on a massive portfolio. Right now my personal focus is on making as much money with as little effort as possible, so I can spend my time on the farm with my family.

As a result, in the past year I have sold off 15 content sites and if I am honest, I do feel better for it as my workload feels a lot more manageable and there are less ‘balls in the air’ to keep juggling.

I’m still keeping a few ‘Irons in the fire’ though as there are still a couple of niches I am really interested in, and I think I have the potential to grow the sites.

I still have a couple for sale if anyone is interested in giving this side hustle a go – price depending on how established and how much time, money and effort I have put into them. They range in age and have various backlink profiles, number of published articles, and traffic. You can check out this article on website operation if you are keen as I’ve listed all the details in there. Feel free to send me an email through the contact form or get in touch on social media if you are interested in getting started.

I originally learned these skills through the eBusiness institute over the past 7 years – I have done a pretty comprehensive review of the eBusiness institute as well as interviewed Matt and Liz Raad about this on the podcast a couple of times where we go over a huge list of frequently asked questions about online business if you want to learn more about this. They also provide some free introductory training for CaptainFI readers.

Check out these podcast episodes for more information

• Podcast | Q and A Session with Matt Raad – Part THREE
• Podcast | Q and A Session with Matt Raad – Part TWO
• Podcast | Q and A Session with Matt Raad – Part ONE
• Captain Fi Podcast | Online Business with Matt Raad
• Podcast | Digital Marketing with Richard
• Podcast | Entrepreneurship with Liz Raad
• Podcast | Digital entrepreneurs Matt and Liz Raad

I have also recently finished the Authority Hackers TASS (The Authority Site System) Course as well as the Making Sense of Affiliate Marketing course which has been a cool way to consolidate the skills I have learnt from the eBusiness Institute, and I have published a few comparison review articles such as Authority Hacker vs Making Sense of Affiliate Marketing and eBusiness Institute vs Authority Hacker which might help you choose between training providers.

Angel Investing

I made an ‘Angel Investment’ of $10,000 into the Fintech platform Pearler in 2021. Pearler was founded in 2018 and launched in 2020. Since then, Pearler has carved out a niche market in the financial independence community as one of the best investing platforms available. Since I made the investment the company has grown heaps, but there isn’t really a secondary market for these shares until Pearler either lists on the ASX or has a corporate buy out – so I can’t really get an updated official valuation till then.

Cash – Mojo Emergency fund

I currently have $11,000 cash in my emergency fund – I will be aiming to build this back up to around six months expenses or around $40k in the offset account.

Captain FI’s Net Wealth progression

During my journey to FI I roughly documented my net wealth progression via monthly updates and a graph which was rather crudely constructed in Excel. It demonstrates the ‘somewhat exponential’ journey over my 14 year ‘working’ career. You can access the archives for my Net Worth updates here to see how it’s gone over time. Check out the graph and all the updates below to see how it has gone since the beginning.

When I FI/RE’d, I stopped putting out regular net worth updates and stopped calculating my net worth, and tried to just put out quarterly ‘updates’ but I was pretty slack. I am trying to keep up with quarterly tempo, and recently calculated my net worth after selling shares to buy my dream farm (hence the lack of data points on the graph below lately).

Date	Net worth	Difference	Saving Rate	Notes
Jan 09	$5,000.00		?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 10	$24,000	+$19,000	?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 11	$40,000	+$16,000	?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 12	$92,000	+$50,000	?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 13	$130,000.00	+$38,000	?	Estimate NWbased on historical Super, Bank statements and assets at the time	LINK
Jan 14	$161,000.00	+$31,000	?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 15	$200,000.00	+$39,000	?	Estimate NWbased on historical Super, Bank statements and assets at the time	LINK
Jan 16	$281,000.00	+$81,000	?	Estimate NWbased on historical Super, Bank statements and assets at the time	LINK
Jan 17	$340,000.00	+$59,000	?	Estimate NW based on historical Super, Bank statements and assets at the time	LINK
Jan 18	$482,000.00	+$142,000	?	Estimate NWbased on historical Super, Bank statements and assets at the time	LINK
Jan 19	$542,000.00	+$60,000	?	Estimate NWbased on historical Super, Bank statements and assets at the time	LINK
Jul 19	$578,900.00	+$36,900	84%	Finally began tracking NW this like a proper adult.
Aug 19	$560,100.00	-$18,800.00 (-3.2%)	78%	Share market slight correction, Ok savings.
Sep 19	$584,744.88	$24,644.88	72%	Share market rebound, savings rate not so good.	LINK
Oct 19	$600,386.00	$15,641.12	84%	Good saving this month. Normal salary, plus allowances,  dividends from index funds, tax refund, eBay selling and was working abroad in asia where things are cheap.	LINK
Nov 19	$612,917.21	$12,531.21	76%	Falling short of my savings goal of 80%. Mostly domestic legs this month with higher costs. Also invested in hydroponics.	LINK
Dec 19	$625,350.00	$12,432.79	76%	Good savings of cash (for development) and investment, however higher spending due to Christmas period (Travel and Gifting).	LINK
Jan 20	$865,212.00	$239,862.00	55%	Super settlement was a HUGE boost to NW. $9K growth from stock market. Expensive month lots with lots of unexpected bills – weddings, travel, Booking flights, fines etc.	LINK
Feb 20	$851,802.0	-$16,592 (-1.9%)	52%	Large increase in spending on myself this month, still managed to tuck away $5K to put into shares and property. Corona Virus market scare resulted in a correction and gave NW a small negative trend. Time in the market not Timing the market! Became Single again.	LINK
Mar 20	$819, 354.6	-$31,806.95 (-3.7%)	80%	Another small step backwards in the NW due to the ‘corona crash’ in full swing. FIRE Portfolio of ETF/LICs down about 15% this month, however due to high savings rate and structure of my superannuation annuity the NW is only down 3.7%. Savings rate good at 80%, higher than usual income (with some slightly higher spending, too). Picking up shares on discount – this is the best outcome for someone in the accumulation phase with good income!	LINK
Apr 20	$847,023	+$27,668	85%	$11,000 in rebound of stock market capital prices alone (up 6%), plus first quarter dividends paid (heavily reduced due to banks withholding dividends). Great savings rate due to COVID-19 lock-down = no spend. Increased entrepreneurial efforts and selling down of physical possessions provided side hustle income. Two standard paychecks from flying activity; domestic day trips only so no allowances. All cash unfortunately had to go into the property development due to contract timing, I am chomping at the bit to buy some more index funds before they go back up in price too much – hence why I am selling most of my toys!	LINK
May 20	$857,859	+$10,836	92%	Some Great sales as I let go of my Super Sport Motorcycle, Some gym gear, expensive flying equipment and a few other various bits and bobs and invested this money. Flying still reduced, but increasing from April. The share market grew as I continued to make my fortnightly investments. I also wrote down the ‘value’ of some of my possessions (liabilities) such as my car, tools and furniture by around $10K to align them to market price (“tell him hes dreaming…!”).	LINK
June 20	$858,650	+$791	90%	Small Net Worth gain as I continue to declutter and simplify my life, despite being off work due to a family emergency. Share market not doing much.	LINK
July 20	$888,218	+$29,568	68%	Majority gain due to share market going back up, low spending due to being on the family farm and at home because of lock down.	LINK
Aug 20	$1,029,293	+$141,075	74%	Became a millionaire. Achieved this massive milestone I set out for myself in Dec 2019. Included unrealised gains in my property development as well as website business. Good savings rate due to not much spending, invested in Aus and total world shares. Investing in my web business. Starting to shift focus away from $$$ and more into looking after my mental health.	LINK
Sep 20	S1,045,486	+$16,193	60%	Officially took time off work for the rest of the year to be close and look after family during major operations. Continued to sell down physical possessions and work on digital business while at home. NW gain mainly due to valuation of websites.	LINK
Oct 20	$1,064,399	+$18,913	80%	Base income (retainer) and leave loading, dividend and websites provided income, as well as raiding my P2P lending capital. Significant bill for property due to design not meeting standards which effectively lowers my equity position, as well as fence being stolen.	LINK
Nov 20	$1,143,433	+$80,394	82%	Big gains came from share market growth (influencing both the Financial Independence share portfolio and Invested superannuation), Business gains (due to increased earnings) and a $30K boost to my annuity thanks to me logging in and checking the fine-print on the accumulation stats. I only invested around $7K. Insane that in one month, I accumulated nearly more net worth than I did in four years from 2009-2012	LINK
Dec 20	$1,152,920	+ $9,487.32	84%	Share market slight drop, Earnings from Business, Contract work, Selling possessions. No share market investments this month (oops! I forgot and money was tight). Invested a lot into the website business this month (way more than planned) and it is still running at a decent loss (plans to turn it cash flow positive in 3 months).	LINK
Jan 21	$1,165,678	+$12,757	79%	Great returns from the share market. Earnings from Business, Dividends, Flying wage, flipping items on consignment. Regular share contribution, investing in micro investing platforms, P2P lending, Investment property and big reinvestment into the business (still running at a loss)	LINK
Feb 21	$1,135,272	-$30,406	76%	Significant write down on property development due to council DA rejection and redesign requiring more money and creating less equity. Offset by small increase to Business value and investments. Simplified my investments and switched over to Pearler.	LINK
Mar 21	$1,155,594	+$20,322	71%	Continued investment into the portfolio as well as growth of investments and business. Gave my notice at work and looking for part time job at home for ‘Barista FI’	LINK
Apr 21	$1,242,220	+$86,727	74%	Property development back on track	LINK
May 21	$1,379,469	+$137,248	72%	Massive gains in the website portfolio due to revaluation based on recent business income, big growth of superannuation due to annuity increasing (salary increment) and shares generally went up. Crypto went down by about 40% or so.	LINK
June 21	$1,469,989	+$89,757	41%	Quit flying role and moved to Adelaide. Great month for investments, websites producing serious income so accordingly they are valued higher. Spent a lot on furnishing the new apartment and on enjoying some more luxuries. Seeing a therapist to help deal with anxiety from leaving work.	LINK
July 21	$1,543,959	+$74,732	N.A.	Set myself up in Adelaide. Did basically nothing for the whole month except spent time with family, relax, sleep and go to doctors appointments. Massive boost to website portfolio AdSense and affiliate incomes, as well as general share market performance.	LINK
Aug 21	$1,624,116	+$70,156	N.A.	Relaxed again, focused on mental and physical health, and spending time with family and my partner. Big increases to spending (too afraid to calculate a ‘savings rate’) but also big increases to NW through website portfolio income growth. Finally got the slab poured on the investment property (foundation).	LINK
Sep 21	1,640,663.85	+$16,547	N.A.	Stocks, super etc went down, but business income from websites increased, plus business valuation increased. Property build. got to frame stage, and I also got a dog! Expenses for vet surgery well worth it. Moved into a nicer apartment	LINK
Oct 21	$1,705,907	+$65,243	30%	Big boost from website valuation due to securing new affiliate contracts for recurring income, shares went up nicely. No massive changes to this month. Calculated a savings rate and found myself pretty low due to spending a lot on my garden and going out quite a lot – I don’t think I will calculate this savings rate figure any more.	LINK
Nov 21	$1,739,144.23	+$33,236	–	Great month. Relaxing (somewhat). Spent a lot of money doing ‘fun’ things like winery tours, a fine dining experience and self education. Shares moved sideways (well slightly down) but everything else went up. Building got to enclosed stage (roof, walls, windows and doors) but have had some issues with build quality and weather / covid delays. Put a $1000 deposit on the puppy. Stopped tracking Savings Rate.	LINK
Dec 21	$1,764,516	+25,372	–	Spent nearly the whole month with family, did some work on the website portfolio. Traffic recovered from google algorithm changes. Invested $10K into Stockspot and Sixpark, $1K into ACDC, $100 into Comsec pocket and $100 into Bamboo, $260 into BTC, $4K into ETFs through pearler. Paid the $3000 balance for the puppy.	LINK
Jan 22	$1,826,633	+$62,117	–	Stock market slightly down, Massive boost to website traffic (overall its more than doubled). Invested $10K VTS, 2K VEU through pearler, Paid for Angels cancer surgery, bought more BTC and ETH, bought a parcel of ETHI on commsec pocket.	LINK
Feb 22	$1,757,210.57	-$69,422.93	–	Stock market down, Website business revenues down and additional spending on content and staff for business, Additional property development bills, some unexpected expenses, Wrote down the value of some of my personal property (and gave stuff away).	LINK
Mar 22	$1,701,410	– $55,799	–	My last ‘regular’ monthly Net wealth update as I give notice at work and finish up my non-flying job.	LINK
Q3, 2022	Over $2M	N.A	–	Six months of Early Retirement in Rest mode! I stopped tracking my net wealth post-FI, my dog passed away, I gave away most of my physical stuff and moved to become my mums live-in carer, met a lovely girl, bought a puppy. Had some incredible months with semi-passive website income but overall neglected the business and regular (stable) revenues decreased.	LINK
Q1, 2023	Over $2M	N.A	–	One year of Early Retirement! A lot of (sad) changes, the passing of my mother and family feuding resulting in temporary homelessness, selling my ‘nursery’ of plants, and traveling overseas for a few months. Finding a new home to settle, couple of domestic trips flying to Tasmania and Queensland a couple of times, and plenty of camping and road trips within SA. Did not work much on the business at all and lost a few more contracts and had to cut staff.	LINK
Q2, 2023	Over $2M	N.A	–	Getting back on top of things with podcasting and blogging more regularly. Focusing on building our ‘rich life’ and deliberately increasing spending in areas such as food, travel and convenience. Did a few interviews and went on a few podcasts.	LINK: CaptainFI Q2, 2023 Net Wealth Update
Q3, 2023	Over $2M	N.A	–	Big focus on health and fitness, fixing diet and losing excess weight. Continue to sell a few websites from portfolio and focus on largest ones. Attended some FIRE events and lots of road trips	LINK: Captain FI’s Q3, 2023 Net Wealth Update
December 2023	$2.26M	N.A	+$260K (21 months since last calculated)	Interim calculation due to share sales prior to purchasing property – no update published	No update published
Q2, 2024	$2,417,426	12% – Calculated to see where we sat	+$157,426 (6 months since last calculated)	Mid year 2024 Net Wealth update. Sold shares, crypto and 5 websites, Purchased the farm in Queensland, received $250K inheritance, significant cost in setting up the property.	LINK: Captain FI’s Q2, 2024 Net wealth update
Q3, 2024	$2,485,000.00	N.A	+$67,574.00 (3 months since last calculated)	Q3 2024 update. Lots of spending on wedding and bought a boat, preparing to debt recycle. Properties saw great paper gains.	LINK: Captain FI’s Q3, 2024 Net wealth update
Q1, 2025	$2,482,000.00	N.A	-$3,000	Q1, 2025 update. Write down of business valuation due to reducing income. PPR valuation estimate down, IP up. Slowly paying off debt. Farm life is great!	LINK: Captain FI’s Q1 2025 Net wealth update
Q2, 2025	$         2,431,487.00	N.A.	-$                 50,513.00	Q2, 2025 update. Property prices up, continued to pay down debt, some big spending: household help, fencing, retaining walls and chicken enclosure projects, bought second car, paid for international trip and 3 x domestic trips.	LINK: Captain FI’s Q2 2025 Net wealth update
Q3, 2025	$         2,398,487.00	N.A	-$                 33,000.00	NW down again! third quarter in row… My father passed away. I have been spending time with family on the farm and raising our baby, our mother in law has been staying with us for six months. I have hardly done any (paid) work at all, mostly household / dad / hobby farm stuff. Got our flock of chickens and getting lots of “free” eggs… Made first shares investment for years (DHHF all in one fund). Property prices steady – switched back to monthly repayments to improve cash flow, bought some more upgrades for the farm. Paid the rates, rego (cars, trailers, boat), insurance, tax bills, and some BIG electricity bills ($$$!). Considering selling the investment property to pay down home loan and simplify finances. Probably should work more…	LINK: Captain FI’s Q3 2025 Net wealth update
Q4, 2025	$2,433,746	N.A	$35,259	Property price valuations increased, driving NW higher. Fair bit of spending including pre paying $15K for two holidays in the new year, total spend for 2025 coming in at $119K, $44K above total yearly budget due to buying new car, tractor, farm projects and travel.	LINK: Captain FI’s Q4 2025 Net wealth update
Q1, 2026	$2,743,487	N.A	+$294,741	Big growth in property prices, received approx $20K in paid parental leave, and growing business.. Sold some websites and old machinery. Also spent a lot in Tasmania, Japan and on annual vehicle and farm costs. Forgot to add boat, tractor, tools and furniture to NW tally previously so now included that which is why it seems abnormally high growth.