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RSSMarch 2006 Net Worth Update (+$10,478)
Here's my net worth update for March as of 3/31/2006. Its my first 5 digit monthly increase this year. However, I received my annual bonus from IBM this month which accounts for a significant portion of this month's gains.
| | Feb-06 | Mar-06 | Change | % |
| Cash & Equivalent | $ 3,923.09 | $ 9,422.55 | $ 5,499.46 | 140.18% |
| Saving | $ 36,427.91 | $ 36,434.73 | $ 6.82 | 0.02% |
| Brokerage | $ 46,245.23 | $ 46,261.02 | $ 15.79 | 0.03% |
| Roth IRA | $ 22,236.00 | $ 22,912.04 | $ 676.04 | 3.04% |
| 401(k) | $ 75,143.24 | $ 78,415.04 | $ 3,271.80 | 4.35% |
| Stock Option | $ - | $ - | $ - | 0.00% |
| ESPP | $ 32,270.53 | $ 33,554.25 | $ 1,283.72 | 3.98% |
| Rental Equity | $ 41,211.82 | $ 41,397.93 | $ 186.11 | 0.45% |
| Other Assets | $ - | $ - | $ - | 0.00% |
| Receivable | $ 1,205.00 | $ - | $ (1,205.00) | -100.00% |
| Reserve Funds | $ - | $ - | $ - | 0.00% |
| Loans | $ (30,503.01) | $ (29,759.23) | $ 743.78 | -2.44% |
| Tax Liability | $ (3,000.00) | $ (3,000.00) | $ - | 0.00% |
| Total | $ 225,159.81 | $ 235,638.33 | $ 10,478.52 | 4.65% |
Highlights for March
-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 hit a milestone this month as my net worth reach 10% of my personal finance goal.
-I continued my indepth look into the 2005 return on my entire net worth (Net Taxable Investment Accounts:-$685, Net Company Ownership Return:-$8,892 ).
-I calculated the cost basis for my rental property and then determined the depreciable amounts of personal property, land improvements and building structures.
Stock Investments for March (Outside of 401k & ESPP):
$450 in Roth IRA
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:
2011 Net Worth Review (Jan 05, 2012) Its been a awhile since I posted an updated chart of our net worth growth. Here a net worth growth update including all of 2011: Progress continues to be made, but the better part of 2011 appears to be a...
December 2011 Net Worth Update (+$18,477) (Jan 04, 2012) Assets Nov-11 Dec-11 Change % Cash & Savings $ 22,960.53 $ 27,882.26 $ 4,921.73 21.44% Taxable Brokerage Accts $ 152,906.99 $ 158,906.63 $ 5,999.64 3.92% Roth IRAs $ 77,482.86 $ 82,652.93 $ 5,170.07 6.67% Pre-tax Retirement Accts $ 270,954.68...
November 2011 Net Worth Update (-$12,639) (Dec 12, 2011) It was no surprise that there was some pullback in our net worth value after a record setting gain in our October net worth. Assets Oct-11 Nov-11 Change % Cash & Savings $ 22,483.16 $ 22,960.53 $ 477.37 2.12% Taxable...
Comments (7)
DATE: 10:20 AM
Apologize for the table funky formatting. Will try to fix tonight.
Posted by 2million | September 10, 2006 3:17 PM
DATE: 4:05 PM
WOW!!! a 10k increase I am VERY impressed..I am amazed how you do it.. So you actually deposit 3k in your 401k?
Posted by pyroracing85 | September 10, 2006 3:17 PM
DATE: 4:20 PM
So if you contribuated 450 into your IRA that means you made 226 dollars?Not bad
Posted by pyroracing85 | September 10, 2006 3:17 PM
DATE: 4:35 PM
Yup thats a fair assessment on my Roth IRA.The $3k bump in my 401(k) should be contributions, matching contributions, and some gains.
Posted by 2million | September 10, 2006 3:17 PM
DATE: 4:57 PM
WoW!! See I never used any of these tools so I really don't know the potentional.. When I see a 10k increase hahah that is what I make in a half of year hahah...Wow the power of matching contributions of a 401k very impressive
Posted by pyroracing85 | September 10, 2006 3:17 PM
DATE: 6:44 PM
Hi,I would like to start my own net worth spreadsheet to keep track of my finances. Where do I begin? Do I need softwares like Quicken? any suggestions? Thanks.Milton C.
Posted by Anonymous | September 10, 2006 3:17 PM
DATE: 9:01 AM
Milton,I would suggest getting some personal finance software if your serious about tracking your finances. It will take some time to get everything set up, but I think you will notice a difference. I don't know how anyone manages their finances without some sort of system. I think Quicken and MS Money are both good choices.
Posted by 2million | September 10, 2006 3:17 PM