| Net worth now relects combined net worth of my wife and I.
The Market had a decent Feburary although it was volitile. I replenished our emergency fund and plan on putting a future cash for the next couple months into equities. If I can gain 50% on portfolio in the next couple years I would consider paying of my mortgage. Will have to see how things go.
Retirement is looking good. Employer contributions for last year should be going in, in the next month or so.
Real estate is single family home, will appreciate at 4% a year average for my area which is 1500 a month. I only added 750 this month again. Do not want to get ahead of my self. This may also be understated.
Misc Asset is jewlery and is entered at appraised value.
Personal property is furniture, art etc in house. This is carried at nearly 1/3 or 1/4 of price paid.
Now 30, wife 27, net worth goal of $250,000 by 30 reached 9 months early on my own. Every entry before 10/10 reflects this.
We missed net worth goal of 600k by years end by 17k. Our goal now is 1 million net worth by the end of 2012. We maybe able to hit 1,000,000 of assets by next month. Depends what the market does.
A big part of our success has been due to very little debt with a heavy amount of assets, esp stocks. We are very equity heavy, holding NO BONDS. I look for stocks with very little debt, growing EPS, large cash balance, and increasing dividend.
Carry on..... |