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)
2007 Our Financial Year in Review
We are pretty happy with 2007. We met our major goal of a $70,000 net worth and we got rid of all debt other than our mortgage. We increased our net worth by about 20% more than we did in 2006. Sometimes I feel like we could be doing a little [...]
December 2007 Net Worth Snapshot
December wasn’t a particularly impressive month, but considering the extra expenses we had, (Chirstmas, tuition for spring semester, and a trip across the country to see the in-laws), and the continued poor performance of the market, I guess we should be happy with our $1,000 gain.
We made an extra $350 payment to the wife’s Roth [...]
November 2007 Net Worth Snapshot
In a month where the stock market, and subsequently our investments, took a beating, we were still able to pull out enough of an overall increase to reach our 2007 net worth goal of $70,000. Woot! Woot! And to think, the wife didn’t think it was going to be possible. [...]
October 2007 Net Worth Snapshot
October was another step in the right direction. In fact, we are less than $250 away from hitting out year end goal of $70k. With a little luck, we’ll actually finish the year closer to $75k.
Because I just started my new job, I am not currently eligible to contribute to the 401(k) plan, so it [...]
