TheMoneyRat's Net Worth for August 2016


Assets Value Change ($) Change (%)
Cash $103,306 ($87,725) (45.92%)
Stocks $31,044 $3,044 10.87%
College Fund $162,000 $688 0.43%
Retirement $448,792 $2,174 0.49%
Home $315,000 - -
Other Real Estate $0 ($175,000) -
Personal Property $0 - -
Other Assets $95,000 $95,000 -
$1,155,142 ($161,819) (12.29%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 ($241,625) -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $10,739 ($632) (5.56%)
Total Debts $10,739 ($242,257) (95.76%)
Net Worth $1,144,403 $80,438 7.56%
*All values shown in USD ($)
Notes:
Sold former primary home converted to rental for significant loss -- had to write a check for $98,000 to pay off mortgage. However, tax benefit for realizing suspended losses plus loss on sale will equal approximately $105,000. Booking tax benefit at conservative $95,000. Will shake out when I file 2016 taxes in April 2017. But, another goal reached: completely mortgage free!! Opened a HELOC with local credit union for future cash management for college costs, home improvements, etc.

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