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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 away.

It’s not fun to consider things like the fact that 1 year ago my Roth IRA was worth more than it is today and I’ve investing $5,000 into it since then. So much for compounding interest. Really, it’s all part of the journey and it’s why it’s nice in the investing game to have a long time horizon.

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  •    September was a good month.  In fact, the increase of $3,846.66 is actually our second highest increase ever, just beating January 2006's gain of $3,842.11 by a couple of dollars. 
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  •   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.
  • October 2006 Net Worth Snapshot
  •   October was another good month similar to September with a 6% increase in net worth. We crossed a new milestone as our net worth passed $40k for the first

    Comments

    2 Responses to “September 2008 Net Worth – $86,009.44”

    1. MG on October 5th, 2008 2:47 pm

      Clint, You are not alone. Look to the long term….

      ..MG

    2. Clint on October 6th, 2008 9:43 pm

      MG,
      You’re right, and I am. Watching the net worth decrease is never enjoyable, but I am focused on the end game, and expect both the ups and the downs that come along the way.

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