| We went to a wedding this month, which had considerable expense, but overall it wasn't a bad month. I began selling some stocks with I believe to be overvalued and moving the proceeds into my cash account and paying down principal on my mortgage. I would like to get rid of PMI within the next 12 months and refinance to a lower monthly payment, if possible.
Taxable account dividends received in August of 2012:
02Aug, VZ, $15.80
15Aug, ABT, $11.74
15Aug, HAS, $19.64
15Aug, PG, $4.51
16Aug, AAPL, $7.95
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August 2012 taxable dividend receipt total: $59.64
I continued with my 401(k) contribution of 5% -- plus a 4% match -- which will allow me to sock away about $5,500 a year to my tax-sheltered account and I'm also contributing $5,000 a year to the Roth IRA.
I believe I'm still on track to reach my goal of obtaining a net worth of $150,000 by the age of 30. I'll be 31 in February of 2014 and I believe I can make this goal. It may come down to the housing market, when determining if I can make this goal, but I'm optimistic.
Prediction of net worth change: + $1,500 |