jaymanc's Net Worth for April 2022


Assets Value Change ($) Change (%)
Cash $91,370 ($1,329) (1.43%)
Stocks $74,222 ($1,598) (2.11%)
Retirement $514,475 ($14,092) (2.67%)
Home $315,000 - -
Cars $10,000 - -
Personal Property $0 - -
Other Assets $0 - -
$1,005,067 ($17,019) (1.67%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $186,131 ($4,686) (2.46%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 ($781) -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $186,131 ($5,467) (2.85%)
Net Worth $818,936 ($11,552) (1.39%)
*All values shown in USD ($)
Notes:
Been a rough first quarter with the market. Inflation has hit record highs and there's news of a recession in the forecast. As a result, my investment accounts took a beating which has reduced my net worth. I'm still contributing to my IRA for the year to max it out while also trying to contribute at least $4K to a 529 plan this year for my kid. $4,000 is the max amount to see a tax benefit for my state. I may put more in since I wasn't doing this in years past - catch-up contributions. Hopefully things will turnaround in the market despite the Ukraine-Russian conflict that is ongoing along with the uncertainty that brings. Anticipating a reduction in cashflow (in perpetuity) come October when I experience a job change (end of orders).

Comments

4/1/2022 4:12:52 PM JayManC
Been a rough first quarter with the market. Inflation has hit record highs and there's news of a recession in the forecast. As a result, my investment accounts took a beating which has reduced my net worth. I'm still contributing to my IRA for the year to max it out while also trying to contribute at least $4K to a 529 plan this year for my kid. $4,000 is the max amount to see a tax benefit for my state. I may put more in since I wasn't doing this in years past - catch-up contributions. Hopefully things will turnaround in the market despite the Ukraine-Russian conflict that is ongoing along with the uncertainty that brings. Anticipating a reduction in cashflow (in perpetuity) come October when I experience a job change (end of orders).