Net Worth Statement - December 1 2008 (-3.02%)

Posted December 1, 2008 by Chuck Posted in: Net Worth

Taxable Accounts:

$469.12 - Liquid Savings - 3.0% APY HSBC Savings Account
$13,000.45 - Savings - 2.90% APY Countrywide Savings Account
$6,549.94 - Checking - 2.2% APY Schwabb Investor Checking Account
$11,069.78 - Stocks - Misc. Direct Investments
$2,560.09 - Stocks - Ameritrade Izone
$1,760.54 - Stocks - Zecco
$2,730.62 - Bonds - TreasuryDirect

$38,140.54 TOTAL

Retirement Savings:

$11,947.70 - ROTH IRA - Vanguard
$509.36 - ROTH IRA - Scottrade
$41,606.40 - 401K - T. Rowe Price

$54,063.46 TOTAL

Debts

$2,589.17 - Student Loan - AES (3.625%)
$14,850.00 - Credit Card BT - BOA MC (0%)
$15,886.04 - Credit Card BT - BOA NEA (0%)
$4,405.39 - Credit Card BT - Bank Atlantic (0%)
$12,219.72 - Credit Card BT - Upromise (0%)

$49,950.32 TOTAL

Housing / Automobiles

$260,181.97 - Mortgage - Countrywide
$339,500.00 - Approximate Home Value
$8,037.00 - Approximate Car Value - Edmunds.com

$87,173.92 - TOTAL (Approximate Equity)

Networth Breakdown

  Assets $ Diff % Diff
  Cash $20,020 $4,076 25.56 %
  Stocks $15,390 ($2,255) -12.78 %
  Bonds $2,730 $0 0.00 %
  Retirement $54,063 ($6,010) -10.00 %
  Home $339,500 $0 0.00 %
  Cars $8,037 ($314) -3.76 %
  Total Assets $439,740 ($4,503) -1.01 %
       
  Debts $ Diff % Diff
  Home Mortgage(s) $260,677 $0 0.00 %
  Student Loans $2,589 ($44) -1.67 %
  Credit Card $47,361 ($443) -0.93 %
  Total Debts $310,627 ($487) -0.16 %
 
  Net Worth $129,113 ($4,016) -3.02 %

NetWorth

Summary

Well yet another down month for the market pulled me down. Retirement went down 10% (really more than that considering I was putting in contributions during this time). Stocks went down as well but that number is a little deceptive because I was forced out of my Wrigley position due to them going going private. I was able to build up my cash positions a bit which is always helpful around the holidays.

Pretty depressing to see my net worth back down to the levels it was 2 years ago when I started this blog and tracking process.

Monthly Goals

Continue building cash reserves. Think about locking in some losses for tax purposes before the end of the year.





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