December 2006 Score Card — Part I: Net Worth

Posted by Sun on January 2, 2007
Post viewed 512 times, 3 so far today

Advertisements

This is just a quick summary of how our net worth changed at the end of December 2006 from the previous month. As I am writing a detailed review on our net worth, which will be out tomorrow, I don't want to duplicate the contents.

As of December 31st, 2006, our net worth was $458,992, excluding house and auto related items. Compared to the same time one month earlier, the net increase is $36,558, or a gain of 8.65%. The bigger than before increase of our net worth in the past month was largely, again, due to the astonishing performance of China Life Insurance (LFC) which gained more than 37% during the same period and that alone contributed more than $18K to our net worth. Separately, we have

$11,661 in credit debts due to holiday related spendings and those cheap stuff I purchased. This category was up more 10% from the previous month.
$36,484 in cash reserve, up 23% from November since we got one more paycheck in December.
$218,348 in taxable investment accounts, increased nearly 12% from a month ago.
$186,819 in retirement accounts which gained nearly 4% from November.
$5,738 in 529 accounts which gained another healthy 7% in December.
$23,264 in bond investments, flat from November as we only added $100 I-bond during the last month.

If you enjoyed reading this post, please consider subscribing to my full RSS feed (What's RSS feed?). Or you can also choose to have free daily updates delivered right to your inbox.

Featured Financial Products

Feeling the pain at the pump? Find out how you can get up to 5% cash back with these gas rewards credit cards. It's the money you have to spend anyway. Why not get some back?
Ready to buy stocks/ETFs with zero commission? Check out the Zecco review and try Zecco Trading to get 10 free trades/month.