Networthpey's Net Worth for May 2011


Assets Value Change ($) Change (%)
Cash $13,098 $1,822 16.16%
Stocks $25,216 $831 3.41%
Bonds $0 - -
Annuities $0 - -
Retirement $13,965 $842 6.42%
Home $0 - -
Other Real Estate $0 - -
Cars $7,400 ($100) (1.33%)
Personal Property $2,000 - -
Other Assets $0 - -
$61,679 $3,395 5.82%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $570 $27 4.97%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $570 $27 4.97%
Net Worth $61,109 $3,368 5.83%
*All values shown in USD ($)
Notes:
Been doing a bit of freelance research work on the side, which has helped boost my income by about 25 to 35% each month. 25% of this income has gone towards my 403(b) accounts, the rest has gone into my cash account. Additionally, I secured a nice raise as of May 1st, which will provide more income, so my net worth accumulation is back on track! I've continued to reinvest my dividends in all my retirement and stock accounts, though I'm considering taking my dividends in the form of cash in investment account in order to accumulate more capital to buy undervalued stocks. Though I believe passive investing is the true path to wealth, I'm apprehensive about reinvesting my dividends in companies with historically high P/E ratios. More on this in the future as I decide the best path to take. Let's keep it moving! My goal is to double my net worth in the next 12 months. I'm curious to see if I can accomplish this...

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