September 2008 Net Worth - $86,009.44
What can I say, the financial crisis is doing an efficient job of giving our investment portfolio a beat down. It is looking increasingly impossible for us to hit $100,000 by the end of the year. We’ve increased our net worth by about $14,000 so far this year, and we’re still about $14,000 [...]
August 2008 Net Worth - $88,811.12
June and July were a bit rough on our net worth, so we were glad that August turned out to be a pretty decent month for us. A $3,471.82 gain is our 3rd highest gain this year, and our 7th highest gain of all time.
I’ve accumulated a bit of money in my Emigrant Direct [...]
July 2008 Net Worth - $85,339.30
We managed to just eek out a positive month in July. It’s a little frustrating to watch my portfolio continually get beat down, but I’m staying the course and anticipating the eventual bounce back.
The wife is no longer working, so we’re down to one income. Her school schedule for the upcoming semester just [...]
June 2008 Net Worth - $84,881.80
I ran these numbers at the beginning of the month, but I haven’t gotten around to publishing them until now. Maybe because the numbers were kind of depressing. June was pretty brutal to the stock market and we felt the effects in all of our investment accounts. Our last two months were [...]
May 2008 Net Worth - $87,264.27
After having our largest net worth increase ever last month, we followed it up this month with our 2nd largest ever net worth increase, beating the previous record by just a few dollars. Two strong months in a row like that let me know we are doing something right.
We hit a [...]
April 2008 Net Worth - $82,394.84
Wow! April turned out to be a surprisingly good month for us. In fact, $6,587.24 is the largest net worth gain in a month that we’ve ever had. And the good news is that it wasn’t due to any one time irregular income like a tax rebate or economic stimulus payment (still waiting [...]
March 2008 Net Worth Snapshot
Things got a little better for us in March and we posted a gain of $2,571.12. You’ll see that we took some money out of Emigrant Direct, but we used it to make a $2,000 deposit into the wife’s Roth IRA. That $2,000 will ensure that she hits her 2008 $5,000 limit [...]
February 2008 Net Worth Snapshot
Despite a significant market drop on the last day of the month, we still managed a small amount of positive growth for the month of February. We pay our mortgage bi-weekly, and this was a month where one of the extra half-payments was paid directly into the principle. We put the surplus cash we had [...]
January 2008 Net Worth Snapshot
A brutal start to 2008. We eked out a positive gain of $224.24 only because the market had a couple of positive days at the end of the month. In order to reach our 2008 net worth goal, we’ll now need to average a gain of $3,000/month for the rest of the year. A tall [...]
Net Worth Growth Chart: 2005 Through 2007
Sometimes it’s nice to have a visual representation of your progress. With that said, here’s what our last three years look like:
(Click to view full size)
