Net Worth Statement – July 2008 (-2.21%)
Net Worth
Taxable Accounts:
$634.44 – Liquid Savings – 3.55% APY HSBC Savings Account
$15,509.36 – Savings – 4.0% APY Countrywide Savings Account
$6,436.82 – Checking – 2.2% APY Schwabb Investor Checking Account
$14,840.99 – Stocks – Misc. Direct Investments
$3,968.79 – Stocks – Ameritrade Izone
$3,004.75 – Stocks – Zecco
$2,710.30 – Bonds – TreasuryDirect
$47,105.45 TOTAL
Retirement Savings:
$16,711.41 – ROTH IRA – Vanguard
$1,196.91 – ROTH IRA – Scottrade
$57,923.09 – 401K – T. Rowe Price
$75,831.41 TOTAL
Debts
$2,806.19 – Student Loan – AES (3.625%)
$3,743.00 – Credit Card BT – Chase (0%)
$16,609.28 – Credit Card BT – BOA NEA (0%)
$6,887.18 – Credit Card BT – Juniper (0%)
$4,590.46 – Credit Card BT – Bank Atlantic (0%)
$18,546.00- Credit Card BT – Upromise (0%)
$53182.11 TOTAL
Housing / Automobiles
$262,629.96 – Mortgage – Countrywide
$339,500.00 – Approximate Home Value
$8,763.00 – Approximate Car Value – Edmunds.com
$85,633.04- TOTAL (Approximate Equity)
Networth Breakdown
| Assets | $ Diff | % Diff | |
| Cash | $22,581 | $2,529 | 12.61 % |
| Stocks | $21,815 | ($2,440) | -10.06 % |
| Bonds | $2,710 | $0 | 0.00 % |
| Retirement | 75,831 | ($5,004) | -6.19 % |
| Home | $339,500 | $0 | 0.00 % |
| Cars | $8,773 | ($1) | -0.01 % |
| Total Assets | $471,210 | ($4,916) | -1.03 % |
| Debts | $ Diff | % Diff | |
| Home Mortgage(s) | $262,630 | ($481) | -0.18 % |
| Student Loans | $2,806 | ($43) | -1.51 % |
| Credit Card | $50,376 | ($876) | -1.71 % |
| Total Debts | $315,812 | ($1,400) | -0.44 % |
| Net Worth | $155,398 | ($3,516) | -2.21 % |

Summary
I suppose its pretty hard to have a positive month when my stocks went down about 10%. Even with the bloodbath I took there I still managed decent gains elsewhere.
I managed to stack up some cash reserves and expect more this month when my wife is reimbursed for her recent travel.
Monthly Goals
Can’t really do anything about the stock market, and unfortunately I don’t see that turning around this month. I will just have to work towards other aspects of my finances and hope we eventually see a rebound there. I plan on using the extra cash we have to pay off some of the credit cards since the 0% will be running out soon, and I may look at another app-o-rama.
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