FatStacks' Net Worth for May 2022


Assets Value Change ($) Change (%)
Cash $5,885 ($615) (9.46%)
Stocks $304 ($41) (11.88%)
Company equity $21,789 ($4,571) (17.34%)
HSA $12,569 $571 4.76%
Cars $61,597 - -
Home $210,000 $38,701 22.59%
Cryptocurrency $20,527 ($1,699) (7.64%)
401k (old employer) $134,932 $2,926 2.22%
401k (older employer) $174,665 ($280) (0.16%)
Profit Sharing (spouse) $59,183 - -
Boat $45,000 - -
$746,451 $34,992 4.92%
 
Debts Value Change ($) Change (%)
Home Mortgage (15yr 3%) $117,264 ($619) (0.53%)
Student Loans (2.8%) $5,900 ($134) (2.22%)
Credit Cards $3,082 ($379) (10.95%)
Car Loan (72mo 3.82%) $58,703 ($801) (1.35%)
Furniture (48mo 0%) $4,223 ($118) (2.72%)
HELOC (4.5%) $30,105 - -
Total Debts $219,277 ($2,051) (0.93%)
Net Worth $527,174 $37,043 7.56%
*All values shown in USD ($)
Notes:
We received an unexpected $4,571 disbursement from company equity of this month.
Added $4,813.03 to Crypto this month (almost entirely funded by disbursement). All-in for $20,765.37. I'm pretty much at the max comfort level for what I'm willing to lose in the market, so I don't expect to contribute any more at this time.

HELOC rate adjusted from 3.25 to 3.75% this month due to the increased Fed rate.

$1300 taken out to pay for the remainder of boat repairs. Also probably spent another $1000 or so in parts/random crap to get the boat ready for summer.

With that said, I'm in a weird "interim" period where I started my new job but not quite eligible for 401k, so the extra cash that'd normally go into my 401k is super helpful right now. When I am finally eligible, I'm going to increase my contributions to ensure I still max it out.

529: $55,137.03
FICO: 830

I also raised our home value to be more inline with the market (although still quite conservative, I think).

Comments

5/20/2022 10:02:55 PM Appliedvalueinvestor
Curious how come your AGI did not grow, but instead actually dropped in the past decade being in computer programming..
5/23/2022 10:22:10 AM FatStacks
Two main contributors. 1) I worked for the same company for the last 9 years and salary was very stagnant (105k-->135k). Looking back on it, I can't believe I stayed that long. 2) In 2019 we finally started contributing more to 401k/HSA which dropped our AGI.
5/23/2022 10:32:13 AM FatStacks
I should note that from 2010-2019'ish my wife was a stay at home mom, so that 2009 AGI was high because it included both our salaries.