getagrip's Net Worth for June 2020


Assets Value Change ($) Change (%)
Cash $31,000 $2,500 8.77%
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $944,000 $136,000 16.83%
Home $330,000 - -
Other Real Estate $0 - -
Cars $12,000 ($500) (4.00%)
Personal Property $6,500 - -
Other Assets $0 - -
$1,323,500 $138,000 11.64%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $60,000 ($1,850) (2.99%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 ($1,010) -
Total Debts $60,000 ($2,860) (4.55%)
Net Worth $1,263,500 $140,860 12.55%
*All values shown in USD ($)
Notes:
Well, the market has rebounded for now, which is good. Home price still stable. Still teleworking so that is good. Spouse is back to work, that's helping. No one has been sick to date so thankful for that. Paid off the Home Equity loan so finally have only the mortgage to worry about. Was hoping by now I'd have the stimulus and refund from the cancelled cruise back, still waiting so cash is lower than hoped for. My goal is once I hit $40K to open a taxable account and start doing some investing. Plowing the previous loan payment into cash so in six months with the refunds we may have that amount. I'd like to have $100K invested in taxable accounts before I pull the plug on retiring in four or five years. As part of my BIL's estate I will be getting a used truck, which is just fine by me considering it's a 2017 and my current vehicle is a 2003 and our 2001 is nearing it's last legs. So I expect the car category to rise a bit. Finally we are getting a new refrigerator because our six year old one is crapping out and just freezing everything. Don't think that will hurt anything too much. On the down side my one child is still out of work and searching. For a young person, making under $35K and living in an expensive city, that they have the resources to last six months of not working is great, so they have until perhaps September before things get really bad for them, but an awful lot of people looking for work, an awful lot of places permanently or significantly injured between COVID 19 and the rioting and looting, so it's really hard to get a job in a major city and I suspect that will carry well into the fall. Here's hoping we don't have round two of COVID-19 come October.

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