Net Worth Statement - February 1 2007

Posted February 1, 2008 by Chuck Posted in:

Taxable Accounts:

$7,478.24 - Liquid Savings - 3.25% APY HSBC Savings Account
$15,256.17 - Savings - 4.75% APY Countrywide Savings Accounts
$14,757.64 - Stocks - Misc. Direct Investments
$5,804.49 - Stocks - Ameritrade Izone
$2,645.91 - Stocks - Zecco
$2,658.54 - Bonds - TreasuryDirect

$48,600.99 TOTAL

Retirement Savings:

$16,689.18 - ROTH IRA - Vanguard
$1,046.96 - ROTH IRA - Scottrade
$52,605.87 - 401K - T. Rowe Price

$70,342.01 TOTAL

Debts

$2,968.00 - Student Loan - AES (3.625%)
$4,138.00 - Credit Card BT - Chase(0%)
$17,462.28 - Credit Card BT - BOA NEA (0%)
$7,200.18 - Credit Card BT - Juniper (0%)
$4,778.73 - Credit Card BT - Bank Atlantic (0%)

$20,000.00 - Credit Card BT - Upgromise (0%)

$56,547.19 TOTAL

Housing / Automobiles

$265,010.25 - Mortgage - Countrywide
$339,900.00 - Approximate Home Value
$9,216.00 - Approximate Car Value - Edmunds.com

$84,105.75 - TOTAL (Approximate Equity)

Networth Breakdown

Assets		$ Diff	% Diff
Cash	$22,734	($4,507)	-16.54 %
Stocks	$23,208	($1,371)	-5.58 %
Bonds	$2,659	$2	\0.08 %
Retirement	$70,342	($4,097)	-5.50 %
Home	$339,500	$0	0.00 %
Cars	$9,216	($248)	-2.62 %
Total Assets	$467,659	($10,221)	-2.14 %

Debts		$ Diff	% Diff
Home Mortgage(s)	$265,010	($468)	-0.18 %
Student Loans	$2,968	($42)	-1.40 %
Credit Card	$53,579	$1,939	3.75 %
Total Debts	$321,557	$1,429	0.45 %

Net Worth	$146,102	($11,650)	-7.39 %

NetWorth

Summary

Terrible, terrible month. I lost about 5.5% of the value in all my brokerage accounts due to the stock market decline. I also lost quite a bit of cash due to my property taxes.

Monthly Goals

I really have to buckle down and start making some strides to having a positive month. Obviously I don’t really have control over the stock market, but I would like to build up some more cash. I should also be getting a pretty decent tax return back so I need to get moving on that to get some positive cash flow going.