Net worth
November 2007 Score Card — Part I: Net Worth
It’s that time again and what I am looking at is not pretty, as expected.
November turned out to be a very tough month for investors as both the S&P and the Dow had the biggest monthly decline in five years. Despite the second rate cut by the Fed in as many months, concerns over subprime [...]
October 2007 Score Card — Part I: Net Worth
The Federal Reserve gave investors a Halloween treat yesterday by cutting the key lending rate a quarter-percentage point. The second rate cut in two months gave the stock markets a boost, pushing major indices up more than 1% Wednesday to finish the month on a strong note. For the month, the Dow gained 0.3% to [...]
September 2007 Score Card — Part I: Net Worth
When the stock markets had the best September in 34 years, it’s hard not to make money, big money and that was indeed what happened to us last month. In fact, we saw so far the biggest jump in our net worth since I started the tracking in August 2006. For the month, the Dow [...]
August 2007 Score Card — Part I: Net Worth
I just realized that I have been tracking the growth of our net worth for more than a year already. One year ago today, we had a total of $369,550 without including house and car related items. Here’s a picture of our net worth at the end of August 2006.
How are we doing one year [...]
July 2007 Score Card — Part I: Net Worth
I am glad a tough month finally came to a close. Actually, July started quite nice, with the Dow hitting record high of 14,000 and S&P 500 crossing 1,550 for the first time. The first half of the month was very promising. Then things started to turn from bad to worse as credit worries weighed [...]
June 2007 Score Card — Part II: Passive Incomes
In addition to price appreciation, the other investment objective we have is to generate passive incomes from our investments. To that end, I have been investing quite heavily in dividend generating stocks and funds. Last year, our investments brought us more than $9,000 in interests, dividends, and capital gains. For the first half of 2006, [...]
June 2007 Score Card — Part I: Net Worth
June turned out to be another solid month as our nest egg continued to grow in the past month, most of them coming from investments in our taxable accounts, despite a down month for the equity markets. For the month, the Dow Jones Industrial Average lost 219 points, or 1.6%, to close at 13,408 on [...]
May 2007 Score Card — Part I: Net Worth
Reporting time again!
The momentum we saw in April continued in May as we experienced another record-setting month. This time, the S&P 500 Index joined the Dow to close at the highest level in its history. For the month, the Dow gained 491 points, or 3.74%, the S&P 500 rose 44 points, or about 2.96%, and [...]
A Half-Millionaire?
When I posted our latest net worth early this week, I didn’t realize that we have kind of reached a milestone until I was reminded by FMF at Free Money Finance. For the first time ever, our net worth (excluding house and cars related items) has passed the $500,000 or half a million mark. Having [...]
April 2007 Score Card — Part II: Year-To-Date Returns
For the first four months of the year, our net worth has grown at a rate of 9.81%, adding more $45,000 to our nest egg. Of course, a major part of that increase came from contributions from our salaries as well as company matches in our retirement accounts. Nonetheless, our investments in various accounts (regular, [...]
