December 2015 Net Worth Update (-$15,351)

Highlights for December

  • Well we ended up closing out 2015 on a down month. On the surface our net worth grew $59,700 which isn't great, but growth none the less. Our stock investments ended up slightly in the RED for 2015.
  • 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 spent another 2 weeks traveling for work in December, and hope I am done for a few weeks. Increased business travel is becoming a new normal my family and I are trying to adjust to. As I have mentioned previously, now with young kids and increased obligations at home, I view business travel as having a slight negative impact on our savings ability.
  • December is a big expense month for us as I now pay annual real estate property taxes for 2 of my investment properties in December.
  • In December I received 2 small employer bonuses that helped offset the real estate taxes we paid this month.
  • Overall expenses were up significantly in December primary for Holiday gift giving. I estimate we spent collectively in excess of $2,000 in gifts in Dec.
  • Target ran a 1 day special in late Dec for 10% of Target gift cards. We have a Super Target very close to our home which we use as our primary grocery store and typically spend $500+ each month there. We purchased approximately $2,160 in Target gift cards in December which we will consume in the next 4-5 months with our normal spend run rate at Target.

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 (0)

Post a comment

(Comment moderation enabled.)


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


New Personal Finance Articles

PF Blogs