July 2017 Net Worth Update (+$25,312)




Highlights for July

  • Another great month in the books for 2017. If this was a typical net worth month for us we'd be financially free in < 2 years. Wishful thinking; we are in a marathon, but we'll take months like these when we can get them.

  • I've ramped up post-tax contributions to my 401k plan. I intend to try out a new conversion feature in my 401k plan that will let me convert these to Roth IRA contributions at some point soon.
    This would effectively allow me to contribute at much higher levels to my Roth IRA than the current $5,500 contribution limit.
  • We completed our 2 week+ family road trip to Canada, 2,987 miles. Major stops included: Lancaster, PA; Niagra Falls, Toronto, ON; Montreal, ON; Quebec City; Bar Harbor, Maine; and New York City. It was alot of fun with a ton of great memories. It would be great to spend more time and do it slower once we are financiall free! I also mentioned last month that we got into a minor car accident on day 3, we are finally in the process of filing the claim with the insurance.
  • I am in the middle of a 3-week business trip to China for the last part of July and into August.

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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