January 2016 Net Worth (-$63,181)

Highlights for January

  • Well 2016 is off to an interesting start! Ive been pessimistic about valuations over the past couple years and now I'm starting to get excited. Its hard to be patient, as already some stocks appear interesting. I believe my primary mistake was jumping in too early last time around, so this time I'm dabbling, but prepared to wait and see.
  • 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 January. I've roughly spent 50% of the past 6 months traveling for work and hope this dies off later this year, but still have a busy 1H2016. 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.
  • January was fairly quiet as we recover from the annual Dec spending blitz and start to buckle down agaon.
  • In January we booked vacation to an all-inclusive resort in Jamaica in March for the family. The vacation is largely being paid for from airline/hotel points, but we will spend ~$1k in airline taxes/fees and a couple nights we were unable to pay for with hotel points. My wife and I are both excited about it and expect the resort will give us more of the down time that we are looking for!

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...

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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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