Net Worth Statement - January 2 2007

Posted January 2, 2008 by Chuck Posted in:

Taxable Accounts:

$2,035.63 - Liquid Savings - 4.50% APY HSBC Savings Account
$25,205.67 - Savings - 5.30% APY Countrywide Savings Accounts
$15,731.53 - Stocks - Misc. Direct Investments
$6,021.93 - Stocks - Ameritrade Izone
$2,825.68 - Stocks - Zecco
$2,657.44 - Bonds - TreasuryDirect

$54,477.88 TOTAL

Retirement Savings:

$17,556.69 - ROTH IRA - Vanguard
$1,022.50 - ROTH IRA - Scottrade
$55,859.95 - 401K - T. Rowe Price

$74,439.14 TOTAL

Debts

$3,010.32 - Student Loan - AES (3.625%)
$4,222.00 - Credit Card BT - Chase(0%)
$17,638.28 - Credit Card BT - BOA NEA (0%)
$7,273.18 - Credit Card BT - Juniper (0%)
$19,497.00 - Credit Card BT - Upgromise (0%)

$51,640.78 TOTAL

Housing / Automobiles

$265,478.35 - Mortgage - Countrywide
$339,900.00 - Approximate Home Value
$9,464.00 - Approximate Car Value - Edmunds.com

$83,885.65 - TOTAL (Approximate Equity)

Networth Breakdown

Assets		$ Diff	% Diff
Cash	$27,241	($218)	-0.79 %
Stocks	$24,579	$329	1.36 %
Bonds	$2,657	$9	0.34 %
Retirement	$74,439	$756	1.03 %
Home	$339,500	$0	0.00 %
Cars	$9,464	($524)	-5.25 %
Total Assets	$477,880	$352	0.07 %

Debts		$ Diff	% Diff
Home Mortgage(s)	$265,478	($466)	-0.18 %
Student Loans	$3,010	($43)	-1.41 %
Credit Card	$51,640	$2,377	4.83 %
Total Debts	$320,128	$1,868	0.59 %

Net Worth	$157,752	($1,516)	-0.95 %

NetWorth

Summary

What a disappointing entry. I thought I was finally going to have an up month net worth wise, but I must have inputted my credit card debt incorrectly in my previous entry so I had an extra $2500 unaccounted for.

Barring that it was an ok month with most of my gains coming from the stock market. My car did have a serious depreciation this month, but I guess as it keeps getting older with more miles on it that will be the trend.

Monthly Goals

I have my property tax bill due at the end of the month so it will be a little difficult trying to get some positive cash flow. Going to try my best though.