kinless' Net Worth for May 2010


Assets Value Change ($) Change (%)
Cash $151,275 $4,801 3.28%
ULI Total Value $1,743 $48 2.83%
Retirement $33,716 ($2,769) (7.59%)
Home $0 - -
Other Real Estate $0 - -
Cars $7,500 - -
Personal Property $10,500 - -
Other Assets $0 - -
$204,734 $2,080 1.03%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Credit Cards $2,053 $252 13.99%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $2,053 $252 13.99%
Net Worth $202,681 $1,828 0.91%
*All values shown in USD ($)
Notes:
Even though the house fund is continuing to accumulate nicely, the sagging stock market during May wiped out $2,500 of the retirement fund. Nothing to worry about long-term of course, but it does remind me that we're not out of this economic mess just quite yet. I think I may add some extra funds to the Roth IRA while it's at a low point. I kept spending somewhat to a minimum, although I finally broke down and bought a Nintendo Wii (since they now have a black version with more bundled items). I waited 3.5 years for that stupid color, haha. After getting some extra options and using gift card discounts, it was only $225. Not too shabby. That's the first game console I've bought in almost 8 years. Although it looks like the credit card debt is increasing, rest assured I pay off my balance in full every month. Sometimes I'll buy something expensive right after the billing period cut-off date, which means that amount will hang around for 50+ days before they yank it out of my account. June is another dreaded "pay up your quarterlies" month, so I don't think my net worth will head too far north for June. I do have some music gigs on deck to stave off any major damage. There's also some new software I'll need to buy (Office 2010, Visual Studio 2010, Adobe Creative Suite 5) that will drain my business account, although it's all deductible. I'll probably start with the cheapest option for now.

Comments