November 2013 Net Worth Update (+$23,958)

Highlights for November

Our properties are listed on our balance sheet based on their cost basis, not current market value. We have done this during the the real estate market highs and lows. I believe real estate is too illiquid to list based on recent sale transactions. For those interested, our November Zillow property estimates are: $208,815; $125,814; $295,570; and $234,105 (total: $864,304).

Our November net worth growth is largely driven by paper gains in the stock market and cash flow savings.
November was a peak savings month from a cash flow perspective. We incurred minimal travel expenses as our big travel expenses during November was paid for back in September. The $9k growth in cash on our balance sheet comes from this monthly cash flow savings and some stock sales we executed.
We are gearing up to come back to our home in the US in December as my work assignment winds down. I am expecting December to be an expensive month between the holiday expenses and expenses associated with our move back to the US.
I continue to shift small amounts to increase our cash position. I sleep better at night with more cash available for future opportunities. We still have a high stock allocation in our portfolio - look at our for 401k for example: roughly 84% stocks, 16% bonds/cash.

Related in Net Worth:

July 2018 Net Worth Update (+$52,101) (Aug 03, 2018) Highlights for JulyI come out of July feeling optimistic all the way around. We had positive developments on numerous fronts including the bottom line.In July we purchased our 5th rental property! The property market is very hot around our...

June 2018 Net Worth Update (+$22,779) (Jul 08, 2018) Highlights for JuneIn June our activity picked up a bit and we closed with another solid month in the books.Our largest individual stock holding (Genworth) had a breakout month as the US govt (CFUIS) approved the deal for it...

May 2018 Net Worth Update ($20,481) (Jul 04, 2018) Highlights for MayIn May we closed on some long term financing (5.375% 30 yr fixed) for our rentals that we used to pay off our equity line and reloaded our cash for the next acquisition. Ive started looking for...

Comments (3)

Thanks for the regular updates. Are you still holding on to your BBRY position?

Posted by LMill | December 4, 2013 7:23 AM

LMill, Thanks for reading -- yes still have it and added a little in Nov.

Posted by 2million | December 5, 2013 12:21 AM

Any concerns over domestic inflation? That might be the biggest issue over the next years, if the USD starts to weaken in addition to all the stimulus... Not as big a deal if you stay domestic, but travelling is a fantastic luxury.

Posted by Sambuca | December 6, 2013 8:37 PM