jaymanc's Net Worth for August 2022


Assets Value Change ($) Change (%)
Cash $89,532 $983 1.11%
Stocks $69,770 $4,548 6.97%
IRA $0 - -
Retirement $483,676 $53,970 12.56%
529 Plan $10,391 $1,404 15.62%
Home $310,000 ($5,000) (1.59%)
Cars $5,500 - -
Personal Property $0 - -
Motorcycle $2,500 - -
$971,369 $55,905 6.11%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $180,245 ($907) (0.50%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $3,637 $3,377 1,298.85%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $183,882 $2,470 1.36%
Net Worth $787,487 $53,435 7.28%
*All values shown in USD ($)
Notes:
Realized that I neglected to include the balance of my 401k from my day job - that should explain some of the upward movement.

A couple of houses are up for sale in my neighborhood and the market seems to be moving slower as a result of the interest rates and fears of recession. I removed $5K of value in my homes notional value as a result of this.

Big jump in credit card balance as a result of acquiring materials for a bathroom renovation. All together, I'm estimating around a $9K reduction in overall cash when it's completed. Perhaps an upward adjustment in Home value will follow - too soon to tell.

I am expecting to complete my orders with the USNR at the end of September. Going back to the IT firm will result in a substantial reduction in income when I revert back. This will impact my ability to invest across the board. It has come to my attention that there is another opportunity for orders coming available but it would put me in competition with other applicants and it's far from a guaranteed assignment. Another year's worth of income and investing would be nice but I'm also ready to apply my energy to excelling in my IT discipline.

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