Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable.
When does the correction come?
Kudos to you for keeping track since 2006.
Well done on the 41% increase in savings rate. I love a good savings rate. Seems like you may have drawn down or received a distribution on the private equity investment you have going on and put into savings (net of tax).
Would you mind elaborating on this investment? I am curious about all alternative investments.
Thanks for sharing!
Hi Church,
Back in April I had the chance to invest some money in a relatively small private company. I purchased ~$20k of equity in the company at it’s then valuation. Since that time, some things have gone poorly for the company and they have lost some clients. If there was a new valuation done today, the number would be lower, and with it the value of my equity would be lower. So, while I still own the same equity in the company, I tried to give a better reflection on its true value. I will be tracking this a little differently in the upcoming year.
Thanks for stopping by!