BA70's Net Worth for October 2010


Assets Value Change ($) Change (%)
Cash $8,918 $990 12.49%
Stocks $49,366 $3,225 6.99%
Bonds $46,181 $12 0.03%
Annuities $0 - -
Retirement $282,146 $9,964 3.66%
Home $214,000 $2,000 0.94%
Other Real Estate $0 - -
Cars $0 - -
Personal Property $0 - -
Other $0 - -
$600,611 $16,191 2.77%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $174,580 ($1,711) (0.97%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other $0 - -
Total Debts $174,580 ($1,711) (0.97%)
Net Worth $426,031 $17,902 4.39%
*All values shown in USD ($)
Notes:
10/01/10 Made our quarterly update to our home's value - we're up slightly from our last update, which was unexpected. We thought with the home buyers tax credit now long gone we'd see a drop of 4% or so, but we're happy to see that was not the case. Also on the home front, we put down another $1k principal payment down on the mortgage. 2 payments down, 176 to go... The market continues to creep ahead slowly, helping to push us over $600k in assets once again. Part of this gain has come on the back of our holdings in DIG of which we own about 1,000 shares. We bought half these shares at $36, and half at $28. The shares have rallied nicely over the past few weeks, and we are now just about even. Given that the trade at $36 was a pure greed/emotion play we're considering the sale of our shares to break even. We would then wait for a dip to get in again at a more reasonable cost basis. Of course it's really hard to sell while you watch your stock rise steadily. We'll have to see if we have the discipline to get out now, or if greed will get the better of us... We are starting to worry that a car purchase may need to happen soon. Our 1997 Civic is starting to show it's age - we believe we'd need to put about $1,500 in repairs into the car to keep it road worthy for another six months or so. With Winter approaching and the inspection on the car not far off we're going to need to figure out a plan soon... One last note - Going through our homegrown spreadsheet - which is where all the data I enter on this site comes from, I found a minor math error in our Cash calculation. That said, we've updated the Cash value for all entries from 2009 forward to reflect the correct data. In most cases the error was about $100. 10/13/10 What a rally...

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