February 2014 Net Worth Update (+$21,948)

Highlights for February

  • We are in the middle of earning $1,000 in credit card signup bonuses for 2 credit card signups w/ spending requirements. Im not spending extra, but focusing our spending on these new cards to earn the bonuses.
  • 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 February Zillow property estimates are: $214,838; $130,790; $298,749; and $236,374 (total: $880,751).

  • Our February net worth growth was better than I expected, largely due to paper gains in the stock market.
  • We had additional reimbursements from my employer from our foreign work assignment last year which boosted our cash flow for the month.
  • Otherwise February was a very quiet month for us. We have two looming purchases in the next couple months: a new roof for a rental property, and a replacement car for myself we are gearing up for.

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Comments (2)

The markets have clearly helped, but $20k+ month-on-month increase is nothing to be scoffed at!! Good work!

march will appear to be more cruel to the investment property, so hopefully we will not get hurt to bad.

Great job so far!

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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: $1,701,144


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