May 2007 Net Worth Update (+$18,615)

This month's net worth gain is $74 shy of my record set in my August 2006 net worth update. Regardless, its great to see such strength in my monthly gains -- a larger and larger portion due to paper investment gains.

Assets

Apr-07

May-07

Change

%

Cash & Savings

$ 50,695

$ 28,747.21

$ (21,947.82)

-43.29%

Taxable Brokerage Accts

$ 65,202.00

$ 67,420.60

$ 2,218.60

3.40%

Roth IRA

$ 35,443.64

$ 36,982.78

$ 1,539.14

4.34%

Pre-tax Retirement Accts

$ 133,740.18

$ 138,322.94

$ 4,582.76

3.43%

Stock Options

$ 6,256.00

$ 10,600.00

$ 4,344.00

69.44%

ESPP

$ 33,981.19

$ 35,805.03

$ 1,823.84

5.37%

House #1 - Rental

$ 160,000.00

$ 160,000.00

$ -

 

House #2 - Primary

$ 128,225.00

$ 128,225.00

$ -

 

Receivable (Payable)

$ 3,061.00

 

$ -

 

Other Assets

$ -

$ -

$ -

 

Total Assets

$ 616,604.04

$ 606,103.56

$ (10,500.48)

-1.70%

Liabilities

 

 

 

 

Credit Card Balances

$ (41,062.54)

$ (11,163.78)

$ 29,898.76

-72.81%

House #1 Mortgages

$ (116,146.24)

$ (115,954.54)

$ 191.70

-0.17%

House #2 Mortgages

$ (102,942.33)

$ (102,830.99)

$ 111.34

-0.11%

Rental Deposits

$ (1,000.00)

$ (1,000.00)

$ -

0.00%

Additional Tax Liability

$ (1,564.00)

$ (2,650.00)

$ (1,086.00)

69.44%

Other Liabilities

 

 

$ -

 

Total Liabilities

$ (262,715.11)

$ (233,599.31)

$ 29,115.80

-11.08%

Net Worth

$ 353,888.93

$ 372,504.25

$ 18,615.32

5.26%

Highlights for May

Additional Stock Investments May (Outside of 401k & ESPP):

  • $25 in ConocoPhillips DRIP
  • $100 in USG DRIP
  • $250 in Vanguard Roth IRA
  • $50 in Pfizer DRIP

You can see my previous monthly net worth updates here.

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 (5)


2million, I was wondering- with the 0% APR credit card balance transfers- how long after you pay off the balances and restore your balance/credit limit ratio does it take for your credit scores to normalize?

18K! What's your secret? Credit card interest is only a fraction of that :)

This month was primarily driven by the stock market. IBM stock jumped and added ~$4-5k to my gains.

Heck I averaged about a 3%+ return (for just the month of May along) in my Roth IRA, brokerage accounts, and stock retirement accts. That helped big time.

Wow I thought my month was pretty good but this has been a crazy good month for you! Congratulations.

You are doing great. It is always nice to watch your networth going up each month. I will be rooting for you. I am also working hard to improve myself financially. I have set a goal to pay off $72,900 worth of debt by April 2009. You are a great inspiration. =)
www.MyDebtFreeGoal.com

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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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