ba70's Net Worth for February 2020


Assets Value Change ($) Change (%)
Cash $16,567 $8,784 112.86%
Stocks $148,926 ($10,196) (6.41%)
Bonds $3,172 $31 0.99%
Annuities $0 - -
Retirement $874,681 ($2,178) (0.25%)
Home $339,181 - -
Other Real Estate $0 - -
Cars $0 - -
Personal Property $0 - -
College Savings $102,280 $3,579 3.63%
$1,484,807 $20 0.00%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $1,443 ($45) (3.02%)
Total Debts $1,443 ($45) (3.02%)
Net Worth $1,483,364 $65 0.00%
*All values shown in USD ($)
Notes:
02/01/2020

A month ago the idea of a Corona brought a smile to my face. Now, not so much.

We have finally decided to get serious about lowering our equity exposure, putting together a plan to move from 85% down towards 60% by mid-year. We put in our first sell order of roughly $50k just before the market started to head south. Between our sale and the market downturn our equities now stand at 80%, and our networth remains essentially unchanged from the start of the year.

We hope we have what it takes to keep with our plan, selling about $50k a month. But selling gets a whole lot harder when the market takes a tumble. With an ugly virus claiming more and more victims we have to wonder if our plan is a bit ill timed...


02/06/2020

The market is having a Trump party. Who cares about a little virus... Time to buy some TSLA!!!


02/27/2020

Welp... we got about 90k to the sidelines before all hell broke loose. I think we will put our plan of reducing our equity holdings on hold for a bit.

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