February 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.

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 (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

DATE: 9:34 AM
you beat me too it....its updated now

DATE: 9:55 AM
I am wrong - still having problems - I'll update it tonight.

DATE: 1:38 PM
Keep it up and you'll be at $2 million in no time! ;-)

DATE: 9:29 PM
what kind of major purchases are we talking about? signed a curious gal in richmond

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.

DATE: 12:28 AM
What is define under rental equity?

Post a comment

(Comment moderation enabled.)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,574,185

Sponsors

New Personal Finance Articles




PF Blogs