February 2017 Net Worth Update (+$32,457)




Highlights for February

  • Stock markets drove another very good net worth gain for us this month with a $32k pop.
  • I signed my wife up for another Barclay Arrival credit card with 50,000 bonus points after $3,000 in spending (effectively a $500 bonus for us). I had read folks were able to leverage this bonus again as soon as they canceled their previous card. We cancelled my wife's previous Barclays card last year to avoid the annual fee so well see if this works.
  • Spending is higher than average in February primarily to us spending most of our 2017 healthcare deductible on long term prescriptions ($2,500+). I find utilizing my employer's high deductible insurance plan lowers our annual costs even though we are likely above average users of healthcare services. Still it mentally stings a bit early in the year as we meet our deductible.
  • Other notable expenses in February included our annual membership to a local summer pool $500 and a $1,000 prepayment to our local electric utility.
  • I moved some cash around in our taxable brokerage account to make some additional stock investments, hence the above average bump in our taxable brokerage accounts.

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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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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