I was shocked earlier this month when I went to update my Net worth spreadsheet only to find it was corrupt! I am not exactly sure what happened but since the file was password protected I couldn’t find anyone that could do both, extract the non-corrupt information and decrypt said information.  I thought that this 10 month experiment of zeroing out my net worth and sharing just my growth.  So consider this my PSA – Back up your files!

Since I have provided my growth on a month to month basis I was able to figure out the whole number result up to my last update.  I did lose about 6 months worth of individual balances but in the end that is nothing compared to knowing the whole number (and subsequent percentage) for purposes of tracking my progress.

Just as a reminder earlier this year I started tracking my net worth, but wasn’t entirely comfortable putting the number completely out there, so I came up with a system where I on January 18, 2011 I took my positive net worth made it a zero.  Feel free to check out my absolute zero net worth post.  This way I can share my gains and loses.

The assets I include are:

  • My Cash Savings Accounts
  • My 401(k)
  • Random Non-Qualified Investments Accounts
  • The Wife’s Roth IRA
  • My Small but Awesome Dividend Investment Portfolio which I may change soon to include other dividend lists besides the dividend aristocrats
  • Value of my House
  • My Traditional IRA

The liabilities I include are:

What is missing?

  • Car loan  – Paid it off a couple months ago.
  • Credit Card debt – Don’t  have any except a revolving AMEX account so no reason to put it up
  • Checking Accounts – Always changing and moving kept low on purpose so no reason to track it
  • Cars – Wife’s is leased and I don’t consider mine an asset

My Net worth Update

  • From to October 1, 2011 to November 1, 2011 my net worth increased 5.54%!
  • From January 18, 2011 to August 1,2011 my net worth has increased 62.27%!

The previous two months I complained about the market, well it sees that until I leave my current income plateau it seems that the market will have more and more of an impact on my net worth….pretty frustrating.  I currently have three very viable streams of income between this blog, another online advertising venture and my “day job.”  I think it may be time to start another small one that wouldn’t take much time, but we’ll see I am spread pretty thin right now in terms of time.


How Was Your Month?