June 2015 Net Worth Update (+2,172)

Highlights for June

  • We have earned approx $3,400 (in gift cards, points, and miles) through credit card signup bonuses in the part year. We just finished the last 2 offers and will be looking for my next opportunity.
  • 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.
  • I received my employer's annual bonus in June. It was small, but better than last year's ($0) so a step in the right direction.
  • I took a step to move some of our available cash ($5,000) to accelerate paydown of the mortgage on Rental #3. Its the highest interest rate (5% fixed) debt we have.
  • In June we spent a week at Myrtle Beach for a vacation. These days I feel like we need a vacation every month. I would like more opportunities to slow down with the family.
  • In June I sold a significant portion of our Bank ETF (KBW) as it hit new highs and our investment portfolio monthly return (-2.12%) was slightly worse than our benchmark (-2.09%).

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 (1)

Great progress. Are you really going to stop at $2M?

Much of your assets are un-spendable, like RE. Hopefully they produce a great income stream.

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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: $1,938,393


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