Net Worth Statement - December 3 2007

Posted December 3, 2007 by Chuck Posted in:

Net Worth

Taxable Accounts:

$2,331.07 - Liquid Savings - 4.50% APY HSBC Savings Account
$25,128.31 - Savings - 5.30% APY Countrywide Savings Accounts
$15,731.53 - Stocks - Misc. Direct Investments
$5,861.64 - Stocks - Ameritrade Izone
$2,657.18 - Stocks - Zecco
$2,647.58 - Bonds - TreasuryDirect

$54,357.31 TOTAL

Retirement Savings:

$17,555.93 - ROTH IRA - Vanguard
$1,115.42 - ROTH IRA - Scottrade
$55,011.88 - 401K - T. Rowe Price

$73,683.23 TOTAL

Debts

$3,052.81 - Student Loan - AES (3.625%)
$4,308.00 - Credit Card BT - Chase(0%)
$17,816.28 - Credit Card BT - BOA NEA (0%)
$7,346.18 - Credit Card BT - Juniper (0%)
$19,793.00 - Credit Card BT - Upgromise (0%)

$52,316.27 TOTAL

Housing / Automobiles

$265,943.83 - Mortgage - Countrywide
$339,900.00 - Approximate Home Value
$9,988 - Approximate Car Value - Edmunds.com

$83,694.29 - TOTAL (Approximate Equity)

Networth Breakdown

Assets		$ Diff	% Diff
Cash	$27,459	($1,369)	-4.75 %
Stocks	$24,250	($1,338)	-5.23 %
Bonds	$2,648	$22	0.84 %
Retirement	$73,683	($1,788)	-2.37 %
Home	$339,500	$0	0.00 %
Cars	$9,988	($213)	-2.09 %
Total Assets	$477,528	($4,708)	-0.98 %

Debts		$ Diff	% Diff
Home Mortgage(s)	$265,944	($463)	-0.17 %
Student Loans	$3,053	($42)	-1.36 %
Credit Card	$49,263	($641)	-1.28 %
Total Debts	$318,260	($1,146)	-0.36 %

Net Worth	$159,268	($3,562)	-2.19 %

NetWorth

Summary

Yet another down month. The stock market didn’t treat me very well this month which is the major cause for the decline. I have been making some progress on my debts though which is at least slightly uplifting.

Monthly Goals

With the holidays this month it will be tough to make any advances. I will try my best but most likely will see another net worth decline barring a stock market surge.