January 2011 Net Worth – $198,127.47
Another solid month, and a good start to 2011. So close to $200K, it will be nice to cross that milestone. The first net worth update I ever posted was for January of 2006, so 5 years ago. Our net worth back then was $27,640.03. Gains were slow in the beginning and 2008 was brutal, but we’ve come a long way since then, due in large part to the last two years.December 2010 Net Worth – $190,028.10
We finished 2010 out pretty strong. This year our net worth grew $62,423.01 which was a 48.92% increase from where we started. Hopefully we can keep continue this progress and even ramp it up more where possible going into 2011. I can see a quarter of a million dollars on the horizon…November 2010 Net Worth – $182,018.56
November was another solidly positive month. I’ve always followed the pay yourself first policy, but I’ve attempted to push the limits of what I feel comfortable paying myself which has resulted in the larger increases in savings over the last few months.October 2010 Net Worth – $175,951.00
October was another good month. I always worry that after a big month like we had in September, it will be that much harder to make any gains the following month. Fortunately, that wasn’t case and we pretty much saw gains across the board. Things have been going pretty well, and the more progress we make, the more I am motivated to find ways to ratchet it up. $200k is getting close.September 2010 Net Worth – $167,674.58
Wow, another big month. Can’t complain about months with a 5 digit increase. As you can see, most of the gains came in my investment portfolio, so we’ll see if some of it gets taken back by the end of October.August 2010 Net Worth – $155,927.38
Not a particularly exciting month. Most of our investment accounts dropped a little, but we were able to make up for it with some extra contributions to our savings account. I am getting kind of sick of seeing my 401k and Roth IRA hovering just below $50k and $40k respectively. I’d like to see them breakthrough those barriers.July 2010 Net Worth – $154,237.55
Wow, stock market gains at the end of July really gave a big boost to our net worth. (Never mind the fact that those gains have probably all been lost in today’s market beatdown.) So, although the nice vacation we enjoyed took a couple of thousand out of our savings, it was way more than made up for in gains. July set a new record for gains in a single month.June 2010 Net Worth – $143,211.14
A bit of a late net worth update again. I guess when we have these negative months, I have a little less motivation to post them for all to see. There’s not much we can do about the stock market losses, which is where most of our net worth losses come from, so we continue to prod along and make our regular investments and let dollar cost averaging do it’s work.We do have an expensive trip Continue article...
