ZenFinance's Net Worth for April 2024


Assets Value Change ($) Change (%)
Cash $299,365 $78,786 35.72%
Stocks $0 - -
Bonds $43,688 $128 0.29%
Annuities $0 - -
Retirement $1,143,619 $47,062 4.29%
Home $485,000 - -
Other Real Estate $1,112,000 - -
Cars $55,000 - -
Personal Property $52,000 - -
Other Assets $1,430 $327 29.65%
$3,192,102 $126,303 4.12%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $280,992 ($1,672) (0.59%)
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $280,992 ($1,672) (0.59%)
Net Worth $2,911,110 $127,975 4.60%
*All values shown in USD ($)
Notes:
This includes bonus and 401k profit-share

Comments

4/8/2024 1:22:03 PM ZenFinance
I am sitting on a lot of cash in my savings account earning 4.2%. My original thought was to hold cash in order to have the ability to buy an investment property but it's hard to find a deal. I am thinking about putting the money back in the market, so I'd like to get some feedback from the group on 1) What ETF's or stocks do you hold in your taxable accounts? 2) How much cash do you keep for emergencies?
4/9/2024 12:55:15 AM azphx1972
I like to own broad-based low cost index funds in my investment accounts (including taxable brokerage) and they're pretty tax efficient, although you can also go with BRB-K if you don't want any dividends. The Bogleheads wiki page on tax-efficient fund placement is a pretty good read. How much cash to keep in your portfolio depends on your job security and risk tolerance. I'm not a fan of bonds, so I hold cash in lieu of bonds, and try to keep most of my money working for me but maintain enough cash to survive through a typical recession (usually 1-3 years). Currently my cash reserves represents around 5% of my net worth, and that helps me stay aggressively invested with the rest of my portfolio.