Twitter
Email
RSSDecember 2005 Net Worth Update (+$3,539)
Here's my net worth update for December as of 12/31/2005. It marks the end of a great year where I exceeded my goal of a net worth of $205,000.
| | Nov-05 | Dec-05 | Change | % |
| Cash | $ 3,355.59 | $ 6,767.92 | $ 3,412.33 | 101.69% |
| Saving | $ 30,980.74 | $ 31,578.16 | $ 597.42 | 1.93% |
| Brokerage | $ 40,820.91 | $ 41,444.02 | $ 623.11 | 1.53% |
| Roth IRA | $ 20,080.20 | $ 20,508.99 | $ 428.79 | 2.14% |
| 401(k) | $ 66,507.31 | $ 71,494.39 | $ 4,987.08 | 7.50% |
| Stock Option | $ - | $ - | $ - | 0.00% |
| ESPP | $ 31,598.51 | $ 29,249.98 | $ (2,348.53) | -7.43% |
| Rental Equity | $ 40,476.04 | $ 40,842.21 | $ 366.17 | 0.90% |
| Other Assets | $ - | $ - | $ - | 0.00% |
| Receivable | $ - | $ - | $ - | 0.00% |
| Reserve Funds | $ - | $ - | $ - | 0.00% |
| Loans | $ (30,368.38) | $ (31,894.81) | $ (1,526.43) | -5.03% |
| Tax Liability | $ - | $ (3,000.00) | $ (3,000.00) | - % |
| Total | $ 203,450.92 | $ 206,990.86 | $ 3,539.94 | 1.74% |
Highlights for December
-All credit card debt (except current month's purchases) is in the form of 0% APR balance transfers earning interest in my savings accounts.
-I saved some money on a car repair by buying the car parts myself and having the mechanic install them.
-I added an estimated $3,000 in tax liability to offset my estimated increased tax liability.
-I began thinking about what my 2006 net worth goal should be and finalized my net worth goal for 2006 at $265,000.
-I determined my annual saving rate for 2005 was almost 57% of my pre-tax income.
-After I met my 2005 net worth goal, I splurged and took advantage of some of the after christmas sales to celebrate my success.
Stock Investments for December (Outside of 401k & ESPP):
$1150 in Pfizer DRIP
$200 in Roth IRA
by 2million on
01/03/06
|
Tweet
| Add to del.icio.us
| Comments (3)
Related in Net Worth Archive:
May 2012 Net Worth Update (-$28,098) (Jun 10, 2012) Highlights for MayWe like to take advantage of 0% APR balance transfers and other credit card offers for free money. We are actively looking at taking advantage of new credit card arbitrage opportunities. Our properties are listed on our...
April 2012 Net Worth Update (+$2,763) (May 09, 2012) Highlights for AprilWe like to take advantage of 0% APR balance transfers and other credit card offers for free money. We are actively looking at taking advantage of new credit card arbitrage opportunities. We received $1,000+ in rewards cash...
March 2012 Net Worth Update (+$22,032) (Apr 11, 2012) Highlights for MarchWe like to take advantage of 0% APR balance transfers and other credit card offers for free money. We are actively looking at taking advantage of new credit card arbitrage opportunities. We are close to earning ~$1,000...
Comments (3)
DATE: 10:34 AM
Congrats on meeting and surpassing your goals!ncnblog.com
Posted by ncnblog | September 10, 2006 3:05 PM
DATE: 4:23 PM
Congrats on ending positive going into the new year. Since I am more of a visual person, I entered the net worth percent changes for the past four months (when available) of personal finance bloggers and created the following graph. I will include your data shortly.http://neos-nest-egg.blogspot.com/2006/01/personal-finance-bloggers-net-worth_03.htmlNeo
Posted by Neo | September 10, 2006 3:05 PM
DATE: 7:39 AM
If I was a thief I would have some clues about you !I learnt once that money can help to bring happiness but you better have to be a bit discret about it usually if you want to enjoy it.Good luck anyway !
Posted by Marc | September 10, 2006 3:05 PM