Aug 2016 Net Worth Update

At the end of August, 2016, my net worth went up by 1.35% to $216,473.34 – an increase of $2,879.78.  This was primarily attributed to increases in cash holdings and market gains in retirement, but was offset by unrealized losses in brokerage.

As we look toward the end of the year, there are some rumblings where I work about the potential for layoffs. Therefore, I made the decision to hold onto cash and not invest in Brokerage or Roth IRA until things settle down.  Contributions to 401(k) will continue in order to get the 6% match.  In terms of watching expenses, I have taken a look at where my costs are going and made some small cuts, but overall it remains unchanged.  Though I have a list of things that I would immediately cut from my budget in the event I’m one of the people let go.

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See the Net Worth Tracker page.

June 2016 Net Worth Update

At the end of June, 2016, my net worth went up by 1.37%* to $205,307.78* – an increase of $2,771.28*.  Though around the time of the Brexit, the net worth slid back under $200k.  Solid market gains in the last week of the month put me back over the $200,000 threshold.  Credit Cards went up because I decided not to pay the bill yet and hold onto the interest income a little while longer.  I have the cash to pay them off 100%, and will do so before interest starts to accrue.

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* A previous version had a higher net worth & percentage because of an income discrepancy of $174.7.  The post has been updated throughout as if the discrepancy did not occur.

See the Net Worth Tracker page.