April 2012 Net Worth Update (+$2,763)




Highlights for April

  • We 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 on 2 Chase Ink credit cards (one for my wife and 1 for myself) after we spent each spend $3,000 on each card in 3 months. We used Amazon Payments to maximize our credit card spend to qualify for these offers.
  • Our properties are listed on our balance sheet based on their cost basis, not current market value. I believe real estate is too illiquid to list based on recent sale transactions. For those interested our March Zillow property estimates are: $198,800; $122,80; $278,800; and $224,500
  • We continue to focus our free cash flow in 2 areas: rebuilding our cash position and paying off rental #1 primary mortgage to improve our monthly cash flow.
  • April was pretty much a wash after a disappointing performance from our investment portfolio. I'll post additional details of our investment activities in April later this month.
  • In April I posted about what I thought was working well and what we need to focus on in our journey to reach our financial freedom goals.

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...

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...

February 2012 Net Worth Update (+$23,526) (Mar 08, 2012) AssetsJan-12Feb-12Change%Cash & Savings $ 27,618.74 $ 29,545.33 $ 1,926.59 6.98%Taxable Brokerage Accts $ 164,890.42 $ 170,312.04 $ 5,421.62 3.29%Roth IRAs $ 86,835.15 $ 90,658.28 $ 3,823.13 4.40%Pre-tax Retirement Accts $ 287,564.04 $ 299,168.34 $ 11,604.30 4.04%Stock Options $ - $...

Comments (2)


When is your baby due? And is it a boy or girl? So excited for you both. My wife and I will have our first baby next week, a boy!

Steve - good luck with everything. This is your first I believe? Sleep while you can. Our baby girl is due in September.

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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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