| Unbelievable. We hit $11MM+ net worth after just turning $9MM this January and $10MM this summer.
Here are the highlights from this month.
1) Still sitting on a paper loss of ($270,000) on a long trade, much improved over last month's paper loss of ($720,000), but I'm still riding it out and, actually, the loss should be dropped by $40,000 because I wrote some covered calls for December and would be happy if the shares were called away at the strike price (I'd make an additional $200,000+ if that were to happen). In general, however, the market has recovered from the "flash crash" in August and I should recover fully in the next 30 days.
2) I met with a Realtor about my primary home and potentially selling it. I don't think I will be selling after all, but the value is higher by quite a bit, although I still use a very conservative, after-tax value for all my RE. To keep this less confusing for me, however, I've added taxes that I would owe on my real estate to the "other debts" section. That keeps me from having to adjust me values to account for taxes all the time.
3) I negotiated a deal to sell one of my businesses for $650,000, although it's still pending on some other things ... the increase in value is simply to reflect the sales proceeds. |