Denkenberger🔸 comments on Still donating half

[Denkenberger🔸]

Thanks for all you two do! If you don’t mind me asking, how does the return on your investments factor in? E.g., is the negative savings offset by return such that your net worth is not falling?

[Jeff Kaufman 🔸]

Without running the numbers, I think our net worth is decreasing as we pull from savings to donate, but much less then you’d guess from analysis like this that excludes unrealized capital gains.

The biggest factor here is our highly leveraged purchase of our house, which has appreciated dramatically (despite needing a lot of money for resolving long-deferred maintenance).

I should calculate and share our mark-to-market net worth over time, though getting the historical data together may be challenging...

[Jeff Kaufman 🔸]

Here’s the actual answer, @Denkenberger🔸: https://​​www.jefftk.com/​​p/​​historical-net-worth