August 2016 Net Worth Update (+$27,077)




Highlights for August

  • Our net worth hit $1.5M for the first time in August. It took 43 months to growth $500,000 since January 2013 when our net worth first crossed $1M to get here.
  • I signed up for a US Bank Business Edge credit card offer I received in the mail in August. The card offered a $500 bonus after spending $4,500 in the first 90 days.
  • I had business trips to both Mexico and China this month. I miss the days when I came out ahead on business trips, but these days my expenses run higher with business travel so I am not as nearly excited about the travel.
  • Our net worth in August had a nice pop driven significantly by our large investment holding in Genworth Financial as its our 2nd largest individual stock holding. The very volatile stock nearly doubled in the month of August alone. We have also seen the stock fall by nearly 1/2 in previous months so we will see if the momentum continues.

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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: $1,701,144

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