| Net worth now relects combined net worth of my wife and I.
The Market had a good December also. Being equity heavy has helped again. Looking to invest as much as possible especially if there is another downturn which I believe we may see within a month or two.
A good deal of money was put into equities again. They also appreciated quite a bit.
Real estate is single family home, will appreciate at 4% a year average for my area which is 1500 a month. I only added 750 this month.
Misc Asset is jewlery and is entered at appraised value.
Personal property is furniture etc in house. This is carried at nearly 1/3 or 1/4 of price paid.
Now 30, wife 27, net worth goal of $250,000 by 30 reached 9 months early on my own. Every entry before 10/10 reflects this.
We missed net worth goal of 600k by years end by 17k. Our goal now is 1 million net worth by the end of 2012.
A big part of our success has been due to very little debt with a heavy amount of assets, esp stocks. We are very equity heavy, holding NO BONDS. I look for stocks with very little debt, growing EPS, large cash balance, and increasing dividend.
Carry on..... |