mtthomso's Net Worth for February 2021


Assets Value Change ($) Change (%)
Cash $189,397 $175,646 1,277.33%
Stocks $14,045 ($6,864) (32.83%)
Retirement $695,402 ($159,768) (18.68%)
Home $1,730,000 $10,000 0.58%
Other Real Estate $1,531,000 - -
Cars $16,000 ($1,000) (5.88%)
Personal Property $30,000 - -
Crypto $803,229 $234,736 41.29%
$5,009,073 $252,750 5.31%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $905,688 ($1,947) (0.21%)
Rental Property Mortgages $708,126 ($1,761) (0.25%)
Credit Cards $0 - -
Total Debts $1,613,814 ($3,708) (0.23%)
Net Worth $3,395,259 $256,458 8.17%
*All values shown in USD ($)
Notes:
Another great month. After 15+ years of slow and steady gains, it's nice to have a couple months with a "pop". This was almost entirely due to our crypto assets which have continued to perform well.

The big drop in retirement and big gain in cash is a temporary situation due to an indirect IRA rollover. Cash has arrived to us but hasn't been sent to another IRA yet.

We're looking pretty good on our goals for the year. Started the cash-out refi process on rentals already and plan to close in April. Also April could be the first month of cashing out some employee stock options which will get us closer to a couple other goals.

Our financial goals for 2021:

*Reach $1MM in retirement savings
*Cash out refi one of the rentals, recouping our initial investment
*Give 10% of income
*Sell some of our stock options, increasing our cash position for new investment opportunities
*Invest in new passive RE deal
*Surpass $4MM in NW.

**We have employee stock options. This is currently valued very high. However I have not accounted for this at all in our NW tracking. Only after sales happen will I recognize the value in our NW. Planning the first sales this year.

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