January 2014 Net Worth Update (+$4,719)

Highlights for January

  • We jumped back into utilizing our credit score for $1,000 in credit card signup bonuses this month.
  • 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 January Zillow property estimates are: $214,401; $129,051; $299,015; and $241,164 (total: $883,631).

  • Our January net worth growth was muted this month, largely due to declines in the stock market and offset by my employer's annual 2013 401k match paid out on Jan 1st. We ended up getting about ~$10k in 401k match at the beginning of the year.
  • I installed a water heater timer to help continue to reduce our cold weather utility costs. So far so good - we haven't noticed any differences so far.
  • We are starting to think about replacing my 1998 Nissan Sentra. The car did not respond well to being left idle for 7 months. I hit 200,000 miles on the car in May 2011 and was hoping I would be able to hit 250,000. Unfortunately we are not going to make it, but it was a great run. I only hope my next vehicle will hold up so well.
  • My employer announced a sale of part of my business unit in January! I'm excited about the possibility of taking a new role and what future possibilities may be.

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)

That's a pretty generous 401(k) match. My employer only matches 50% of the first 6%!

My employer had the same match originally and when they phased out the cash balance pension program they bumped up our match to basically 8% of salary.

This is amazing for this month MM. How did you pull off a positive gain with such a poor January for the markets? Did you beat your investment benchmark this month?

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A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,938,393


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