Investorman's Net Worth for June 2011


Assets Value Change ($) Change (%)
Cash $9,000 $200 2.27%
Stocks $0 - -
Bonds $0 - -
Annuities $13,100 $410 3.23%
Retirement $52,828 $700 1.34%
Home $225,000 - -
Other Real Estate $505,000 - -
Cars $37,150 ($150) (0.40%)
Personal Property $35,000 - -
Other Assets $7,865 $448 6.04%
$884,943 $1,608 0.18%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $168,664 ($300) (0.18%)
Other Mortgage(s) $382,432 ($765) (0.20%)
Student Loans $25,553 ($200) (0.78%)
Credit Cards $7,943 ($2,125) (21.11%)
Car Loans $0 - -
Other Debts $0 - -
Total Debts $584,592 ($3,390) (0.58%)
Net Worth $300,351 $4,998 1.69%
*All values shown in USD ($)
Notes:
We hit an important milestone this month...$300,000!! I love that we hit this right before our daughter arrived. It is certainly something to celebrate. We've made some great progress in paying down the second mortgage and should have it extinguished in just a few more months. After it's gone we'll have to decide whether we continue to pay down debt or pile up some cash. Right now I'm personally leaning towards maxing out our existing Roth IRAs. Since contributions can always be withdrawn tax-free they may be the ideal way for us to build an emergency fund. I don't want to just set up a savings account at a local bank for fear that it will be too easy to access the money. I'm also looking for a hedge against inflation so I would prefer the ability to have exposure to commodities, other currencies, etc. Debt-to-Assets = 66.06% Legend: "Annuities" = Investment Property Savings (minus security deposits) "Other Assets" = Health Savings Account "Other Real Estate" = Investment Properties (current market values) "Other Mortgage" = Investment Property Mortgages "Credit Cards" = 2nd mortgage

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