ZenFinance's Net Worth for June 2021


Assets Value Change ($) Change (%)
Cash $76,486 ($48,941) (39.02%)
Stocks $64,548 $49,377 325.47%
Bonds $0 - -
Annuities $0 - -
Retirement $909,652 $5,758 0.64%
Home $415,000 $50,000 13.70%
Other Real Estate $890,000 $115,000 14.84%
Cars $6,000 - -
Personal Property $20,000 - -
Other Assets $18,578 ($261) (1.39%)
$2,400,264 $170,933 7.67%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $288,642 ($2,435) (0.84%)
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $288,642 ($2,435) (0.84%)
Net Worth $2,111,622 $173,368 8.94%
*All values shown in USD ($)
Notes:
We finally reached the $2M mark!!!!

It took over 17 years to get our first $1M and just under 4 years for the 2nd million, thanks to the market! I hope to get the 3rd million in the next 4 years.

House prices update based on recent sales minus 6% RE commission.

Stock includes $5K pre-ipo investment

Comments

6/1/2021 8:40:50 AM ZenFinance
Big month since I realized the full increase in values for my 2 properties. We own a beach house which has increased in value by over 50% since we bought it in 2019. We explored selling and realizing the gain but would be hit with a major capital gains tax and we wouldn't get to enjoy it. We decided to do a Jumbo cash out Refi and pull out $250K of equity to buy another investment property. We are currently going through the process and received a 15 year fixed for 2.18% APR with a cash out. I am very worried about the impact of inflation and will be exploring all options to hedge safely against it.
6/1/2021 12:20:58 PM azphx1972
Congrats!