Networthpey's Net Worth for August 2011


Assets Value Change ($) Change (%)
Cash $16,193 $2,674 19.78%
Stocks $26,631 ($1,463) (5.21%)
Bonds $0 - -
Annuities $0 - -
Retirement $20,003 $325 1.65%
Home $0 - -
Other Real Estate $0 - -
Cars $7,100 ($100) (1.39%)
Personal Property $2,000 - -
Other $0 - -
$71,927 $1,436 2.04%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $942 $54 6.08%
Car Loans $0 - -
Other $0 - -
Total Debts $942 $54 6.08%
Net Worth $70,985 $1,382 1.99%
*All values shown in USD ($)
Notes:
I would not say this has been my best wealth-building month. $1,300 in car maintenance (clutch, smog, exhaust, oil change, vacuum leak) more or less stole all the potential gains from me this month. On the plus side, I won't need to service my car for some time. I added a new position to my dividend portfolio this month: Waste Management (WM). Initially I bought in at $34 a share and added to my positions just below $31 a share. I'm looking forward to reinvesting these dividends for years to come. The debt ceiling debacle took a toll on my investment balances but I'm not going to let it get to me. I'm in this for the long haul and, if anything, this is a minor speed bump in the road to a happy and productive life. Doing my best to reach my goal of obtaining a net worth of $150,000 by the age of 30. I'll be 31 in February of 2014 so I'd better get moving...

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