retireby50's Net Worth for March 2012


Assets Value Change ($) Change (%)
Cash $4,185 $2 0.05%
Stocks $15,323 $503 3.39%
Bonds $0 - -
Annuities $0 - -
Retirement $65,928 $6,278 10.52%
Home $0 - -
Other Real Estate $0 - -
Cars $21,205 - -
Personal Property $0 - -
Other Assets $0 ($9,655) -
$106,641 ($2,872) (2.62%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $843 ($5,256) (86.18%)
Car Loans $0 - -
Other Debts $2,676 $2,676 -
Total Debts $3,519 ($2,580) (42.30%)
Net Worth $103,122 ($292) (0.28%)
*All values shown in USD ($)
Notes:
Took some pretty good financial steps from my last entry on NetworthIQ. I was able to finally withdraw about $9,600 from the SDP fund and use part of it to pay down my credit card debt and the other part to max out my 2011 Roth IRA with Vanguard. I still need to take the time to research new investments, but at the same time, I cant possibly stand-by idly and not do something with my money. Additionally, I took the added steps of setting up an automatic withdrawal to place $300 into my savings account monthly. I also came up with a good plan of action to put money into both my Vanguard Roth IRA and taxable mutual fund twice per month. Filed taxes this year and happy to see that I will be refunded approximately $5,000 for the last two years. Definitely plan on using the money to pay down my debt and save a little bit as well. Started to take steps to motivate myself to commit more of my time to studying financially so I can make better decisions regarding my circumstances. Started by listening a little bit to a motivational speaker named Tony Robbins. He is definitely a passionate man who has caused me to take steps to critically think about why I really want to be financially stable and how to take massive action immediately. Listening to his audio lessons caused me to buy a financial book called The Intelligent Investor. I can’t wait to get this book so I can continue to become financially savvy. Decided to separate my cadet loan from my credit card bill by listing it in another block of the liabilities section.

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