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RSSFebruary 2006 Net Worth Update (+$8,354)
Here's my net worth update for February as of 2/28/2006. I'm happy to report another solid month of gains. At this rate I have underestimated my 2006 financial goals and may need to revise them to challenge myself further for the rest of the year.| | Jan-06 | Feb-06 | Change | % |
| Cash | $ 8,322.69 | $ 3,923.09 | $ (4,399.60) | -52.86% |
| Saving | $ 32,182.28 | $ 36,427.91 | $ 4,245.63 | 13.19% |
| Brokerage | $ 45,559.61 | $ 46,245.23 | $ 685.62 | 1.50% |
| Roth IRA | $ 21,476.28 | $ 22,236.00 | $ 759.72 | 3.54% |
| 401(k) | $ 72,649.45 | $ 75,143.24 | $ 2,493.79 | 3.43% |
| Stock Option | $ - | $ - | $ - | 0.00% |
| ESPP | $ 28,929.72 | $ 32,270.53 | $ 3,340.81 | 11.55% |
| Rental Equity | $ 41,026.58 | $ 41,211.82 | $ 185.24 | 0.45% |
| Other Assets | $ - | $ - | $ - | 0.00% |
| Receivable | $ - | $ 1,205.00 | $ 1,205.00 | NA |
| Reserve Funds | $ - | $ - | $ - | 0.00% |
| Loans | $ (30,341.25) | $ (30,503.01) | $ (161.76) | 0.53% |
| Tax Liability | $ (3,000.00) | $ (3,000.00) | $ - | 0.00% |
| Total | $ 216,805.36 | $ 225,159.81 | $ 8,354.45 | 3.85% |
Highlights for February
-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 have started to take an indepth look into my 2005 return on my entire net worth. I was shocked to learn my net worth only increased a net $2,094 (excluding savings) and am still trying understand what happened (Net Cash Return:$778, Net Retirement Return:$8,331 ).
-I revealed a little bit more of my background and how I got to my current financial state.
-I took a small trip for work this month and as a result am expecting reimbursement for ~$1200 in travel expenses (see receivable line item above).
Stock Investments for February (Outside of 401k & ESPP):
$500 in Roth IRA
$504 in JNJ in my Sharebuilder Account
Since I am still trying to increase my cash on hand (for major purchases in the months ahead), I refrained from additional investing for the month.
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Comments (7)
DATE: 9:05 AM
good job 2million! you continue to do well. can you update your networth on the top right?financeguyhttp://finnews.blogspot.com
Posted by Anonymous | September 10, 2006 3:17 PM
DATE: 9:34 AM
you beat me too it....its updated now
Posted by 2million | September 10, 2006 3:17 PM
DATE: 9:55 AM
I am wrong - still having problems - I'll update it tonight.
Posted by 2million | September 10, 2006 3:17 PM
DATE: 1:38 PM
Keep it up and you'll be at $2 million in no time! ;-)
Posted by FMF | September 10, 2006 3:17 PM
DATE: 9:29 PM
what kind of major purchases are we talking about? signed a curious gal in richmond
Posted by Anonymous | September 10, 2006 3:17 PM
DATE: 4:56 PM
Congrats on an excellent month. You've been included in the February Bloggers' Net Worth Index at http://www.moneysmartz.com/weblog.
Posted by Moneysmartz | September 10, 2006 3:17 PM
DATE: 12:28 AM
What is define under rental equity?
Posted by Anonymous | September 10, 2006 3:17 PM