July 2017 Net Worth Update

At the end of July, my net worth went down for the first time in over a year by 0.77%, to end at $276,872.53 which is an decrease of over $2,150 from last month. The stock market did pretty well this month, but because of a significant cash expense for a new roof (over $9,000) I just simply didn’t have enough gains to offset that expense.

As of August 11, the market is down significantly, so it appears (at least as of today) that I will end the month with my second decrease in a row.  If it does, this will be something that has never happened in the life of this blog.  I’m not deterred though, as this is expected with ups and downs in the market.  I’ve been rather spoiled seeing constant gains, so it’s time for the hit so I don’t become complacent.

See the Net Worth Tracker page.

June 2017 Net Worth Update

At the end of June, my net worth went up by about 1.5%, to end at $279,023.00 which is an increase of over $4,100 from last month. The stock market was relatively flat this month and no major financial changes occurred.

Looking ahead to the end of July, I anticipate a decrease in net worth due to a major home improvement expense of $9,100, which will be paid for with cash.

See the Net Worth Tracker page.

May 2017 Net Worth Update

At the end of May, my net worth went up by about 1.6%, to end at $274,914.81. Cash is starting to come down, which is a trend that will continue for the remainder of 2017 since I continue to put a significant amount of money towards investments.  This will get me closer to having enough cash to cover an 8 month emergency fund, as opposed to a year’s worth which is what it’s at now.

Overall, while my net worth wasn’t a huge increase over the previous month due to a relatively flat stock market, it’s still in positive territory.

 

See the Net Worth Tracker page.