March 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 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: 10:20 AM
Apologize for the table funky formatting. Will try to fix tonight.

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?

DATE: 4:20 PM
So if you contribuated 450 into your IRA that means you made 226 dollars?Not bad

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.

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

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.

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.

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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

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