jaymanc's Net Worth for July 2022

Assets Value Change ($) Change (%)
Cash $88,549 ($1,382) (1.54%)
Stocks $65,222 $6,700 11.45%
Retirement $429,706 $16,789 4.07%
529 Plan $8,987 $8,987 -
Home $315,000 - -
Cars $5,500 ($2,500) (31.25%)
Personal Property $0 - -
Motorcycle $2,500 $2,500 -
Other Assets $0 - -
$915,464 $31,094 3.52%
Debts Value Change ($) Change (%)
Home Mortgage(s) $181,152 ($1,850) (1.01%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $260 $90 52.94%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $181,412 ($1,760) (0.96%)
Net Worth $734,052 $32,854 4.69%
*All values shown in USD ($)
Decided to adjust the presentation a bit here to reflect some of my assets better. Including the addition of a line for the 529 plan I opened last year.

I also divided the truck and motorcycle into two separate lines. I think the 2007 motorcycle has depreciated to its lowest amount. It's in great condition, is garage kept, decently maintained with low mileage, and still runs. If I were to sell, I'd ask for more but I don't imagine the book value to be less than $2,500 for it. I did however have a friend reach out recently to see if I'd be willing to sell it (to him). I passed. I don't ride much any more but still not ready to let it go.

The credit card has some charges on it that I believe my wife will pay off during her next paycheck.

The truck on the other hand is tired. I just spent $600 on new bearings for her and the tire pressure sensors have failed. The paint on the exterior is flaking in parts and the plastic dash is cracked. There are other issues too (broken window switch in back, inop seat heater). I still have no idea what I'd replace it with and the thought of payments is not something I'm looking forward to.

I have other outlays I'm anticipating: replacement laptop, home improvements, possible career training. All things I wish were only minor inconveniences.

I went back through my previous posts and it's always nice to see how far you've come. With what I know now, I would have made some different decisions but who wouldn't with the added benefit of hindsight. Primarily, I would have continued to pay down my student loans in 2009 and upped my TSP contributions earlier. I wasn't committed to contributing to my IRA. Based on one of my comments, I suspect that my deposits were sitting in a money market fund awaiting assignment but that took me some time to figure out.

I also know I was attempting to stockpile cash at the time and was paying tuition at the local CC for an attempt to apply to medical school. I don't regret that even though I didn't apply (or go).

I recently got promoted at work. It looks like I'm netting an additional $400 per pay period. That may even out to a lesser amount given that I've only had one paycheck to compare. It may be my terminal pay grade as I'm losing my appetite for continued military service. Being on active duty has been nice for the temporary increase in salary and combined 2.5% pension increase per year but I'm feeling considerable burnout. I'll have to stay for three more years to retire in this pay grade and I'm anticipating roughly 40% pension. I haven't made a disability claim and if assigned a rating, additional income pay come from that. We'll see how things go, I have time to make a decision.

In the fall, I'll return to the job I've been on a leave of absence for from the past two years. I'm excited to return but also feel like I've forgotten a considerable amount given that what I've been doing isn't even close to similar. Been reading some tech blogs and Reddit. Also, I've seen other contributors on this site that are doing what I think I would enjoy and their listed Net Worth suggests that they're making a good living doing it.

Ideally, I'd have this house paid off along with the renovations that I'd like to have completed. A recent model-year vehicle paid off and be able to afford (be partner in) an airplane so that I can get away from time to time on my family's schedule. Unlimited PTO, remote work, affordable health and dental, and a resume chock-full of marketable experience would also be ideal.