ataraxia's Net Worth for February 2019


Assets Value Change ($) Change (%)
Cash $456,600 $456,600 -
Stocks $1,956,000 $1,956,000 -
Bonds $1,938,000 $1,938,000 -
Annuities $0 - -
Retirement $0 - -
Home $891,000 $891,000 -
Other Real Estate $0 - -
Cars $0 - -
Personal Property $0 - -
Other Assets $0 - -
$5,241,600 $5,241,600 -
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $32,642 $32,642 -
Car Loans $0 - -
Other Debts $2,315,000 $2,315,000 -
Total Debts $2,347,642 $2,347,642 -
Net Worth $2,893,958 $2,893,958 -
*All values shown in USD ($)
Notes:
Been a long time since NetworthIQ.

The reason for the large other debt is I was offered investment pricing at a pretty competative rate at 0 margin above the interbank offer rate. As of last pricing, that's about 1.035% and I've used the lending to purchase investment grade 6 year bonds yielding about 3-4%. After interest, the yield on cash for the bonds is about 8-9%. If my cost of borrowing approaches the bond YTM, then i'll probably sell them off to get rid of some of them to pay off the debt. At least that's my plan.

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