I can’t believe it has been 4 years since I started tracking my net worth. I wasn’t (nor am I currently) providing my net worth, so what I decided to do was just assign myself a net worth of zero and then provide monthly updates thereafter tracking my growth. For the most part it doesn’t provide the financial voyeurism most are looking when reading these posts, but that’s not the real reason I write them every month. For me, the real reason I do these is to force myself to look at the numbers every single month.
Calculating my Net Worth
- My Cash Savings Accounts – I only really count my emergency savings since everything else is ear marked to be spent elsewhere. I am finally back up to the round number I wanted to be at.
- My 401(k) – Just keep throwing part of my paycheck at my 401(k) even though I sort of hate my 401k. For the past few months I have been buying and selling within this account…I just posted my actual returns from this pure market timing technique.
- Random Non-Qualified Investment Accounts – This thing has TUMBLED but I am proud to announce I am DONE with gambling on penny stocks. My gambling will be kept to casinos (and some of my holdings in my investment club).
- Wife’s Non-Qualified Account – In this monthly post for the past few years I would lump this in with the random qualified accounts, but this is not how I kept my records. So I have partitioned it out for future posts, and recaptured some Disney stock which was in a UTMA account for The Wife despite her being 34 years old. The “recapture” created a noticeable big bump in November of last year. In addition to her $DIS stock she owns 2 broad based index funds.
- The Wife’s Roth IRA – This account only holds to 2 funds. An index fund of the market and a dividend paying fund.
- My Dividend Investment Portfolio – Easily my favorite part of my financial
- Home Value – A lot of bloggers seem to stress over home value. In my old place I just rounded to a number that I thought I’d sell for (I was off by less than 1%). I am just going to keep using my purchase price for at least the next year or two.
- My Traditional IRA – I started to actively trade this account lol. Not proud. I just made the financial confession that I was speculating in some really shitty stocks. I am done with it – and will roll out when I can.
- My Mortgage – Every so often I think about putting money towards the mortgage but I always back off.
- Law School debt – A while back I paid off the much smaller of the loans I have a while before this category makes any significant moves.
- Credit Card debt – All at 0%
My Net Worth Growth
- From December 2014 to January 2014 my net worth increased 3.64%
- For 2014 my net worth increased 13.50%
- My Net Worth increased 190% since I first started sharing