August 2017 Net Worth Update (+$3,767)




Highlights for August

  • August was a pretty muted month for us in terms of net worth change. We still ended up slightly positive.

  • I have bumped up my short term bond allocation in my 401k. I can't find any investment that Im excited about so parking more dollars in closer to cash equivalents.
  • We track our real estate holdings based on their cost basis. I believe this is a conservative approach to measure net worth given the illiquidity of real estate in general. For example Zillow estimates our current real estate values are $220k+ higher than what we track them at here.
  • Im still waiting for agreement on the car accident claim from the other parties' insurance company for our accident at the end of June.
  • I wrapped up a 3-week business trip to China in the 1H of August. I expect this is the last business trip for me for at least the next couple months.

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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