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March 2015 Net Worth Update

//March 2015 Net Worth Update

March 2015 Net Worth Update

I can’t believe we are done with two fulls months of 2015 already! I know it’s cliche to say but damn it time flies.

With another month in the books it is time to calculate the increase or decrease in my net worth month over month and year to date (which in this case is the exact same thing).  January was a big spend month and my bonus was already integrated into last month’s update, so I was really just coasting on the market and natural amortization interest payments.

Calculating my Net Worth

My Assets

  • 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 empire hut.
  • 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 Liabilities

  • 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 February 2015 to March 2015 my net worth decreased .91%
  • For 2015 my net worth has increased a paltry .74%
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By | 2015-10-02T14:41:10+00:00 March 2nd, 2015|Personal Situation|2 Comments

About the Author:

Evan is the owner of My Journey to Millions which was started to track his journey from a broke debt ridden law school graduate to building a positive balance. Need more Evan? Follow him on Twitter, Contact him or get new posts directly to your email

2 Comments

  1. A Frugal Family's Journey March 2, 2015 at 1:12 am - Reply

    Not a bad monthly gain MJTM…hey, keep up those gains for a full year and you’d have an annual gain of 10.92%. Your money would double at a rate faster than the suggested 7 year target! 🙂

    Keep up the momentum my friend. Best Wishes! AFFJ

    • Evan March 2, 2015 at 11:43 am - Reply

      AFFJ,

      Thanks for the encouragement. I know I don’t share that many details but my net worth isn’t ANYWHERE near large enough to only expect a doubling every 7 years. If that were the case I’ll be 127yo before I hit the namesake goal of this blog. Just been frustrated recently with side income.

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