Littlehai's Net Worth for January 2011


Assets Value Change ($) Change (%)
Cash $1,811 $794 78.07%
Stocks $36 ($14) (28.00%)
Retirement $32,626 $1,351 4.32%
Home $0 - -
Cars $0 - -
Personal Property $0 - -
Kid 1 529 $0 - -
$34,473 $2,131 6.59%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Student Loans $15,092 ($168) (1.10%)
Credit Cards $539 ($31) (5.44%)
Car Loans $0 - -
Other Debts $1,600 ($300) (15.79%)
Total Debts $17,231 ($499) (2.81%)
Net Worth $17,242 $2,630 18.00%
*All values shown in USD ($)
Notes:
401(k) had an OK month. Current contribution % at 6%. Opened an individual Roth IRA with Fidelity Investments. Putting $200/mth. But since its so little, have to wait till I have atleast $500 to invest in anything. Bought my first stock. Pretty proud of that. However, it went down... Other Debt I have added: Been paying parents life insurance loan. Down to $1,600 owed. Other debts not added: Paid wife $500 borrow from our joint account. Still owe another $1,000. Current Strategy: 1. Use my credit card for all purchases and pay it all off at the end of the month. Accrues cashback. 2. Pay $200 to my student loan. The interest rate is only @ 2.625% but that's still over $30.00 in interest a month wasted. 3. Save at least $200 month. 4. Put $200/mth into Roth IRA. (Automatic) 5. Automatically invest $100/mth in stocks through Sharebuilder.

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