End of Year 2014 Net Worth

by iam1percent on January 7, 2015 · 1 comment

 

Click here to see my current net worth. Overall, my net worth increased by $230,159 since January 2014.  My final net worth ended up at $1,919,208.  Please see the graphic below which shows my net worth at the end of the past 7 years.

Our final 2014 net worth was far from my initial goal of $2,400,000 and still off of my modified goal of $2,000,000.  There were several factors that contributed to it.  Mainly, I sold a rental property that I had initially valued at $30,000 higher.  Secondly, relative to 2013, the stock market didn’t go up as high.  Lastly, my wife didn’t work for 3 months out of the year.

I’m hoping to break the $2,000,000 mark by March of this year.

As stated in a prior post, I have opened up two taxable investment accounts with Betterment and Wealthfront.  So far, they are performing as expected relative to the market, but I will have them broken out on my net worth page so you can track the results of these two companies.

How did you do in 2014?  Also, see how the rest of the other personal finance bloggers are doing by heading over to Rock Star Finance.

yearly growth

Thanks for visiting I Am 1 Percent. Please subscribe so that you will receive all the latest posts directly to your email!

{ 1 comment }

Net Worth Update (+1.9%)

by iam1percent on November 5, 2014 · 2 comments

Click here to see my current net worth. The month of October ended up.  Overall, my net worth increased by $35,560 since my last update early October.  The reasons for the increase are as follows:

  • Stock market increases through the month of October
  • After being on maternity leave for 3 months, the wife went back to work part-time.

Overall, it seems that I won’t be tracking to my goal of $2.4 million this year.  I’m not sure I’ll even break $2.0 million, but hoping things will pick up over the next 2 months.

As stated in a prior post, I have opened up two taxable investment accounts with Betterment and Wealthfront.  So far, they are performing as expected relative to the market, but I will have them broken out on my net worth page so you can track the results of these two companies.

How did you do in the month of September?  Also, see how the rest of the other personal finance bloggers are doing by heading over to Rock Star Finance.

Thanks for visiting I Am 1 Percent. Please subscribe so that you will receive all the latest posts directly to your email!

{ 2 comments }

Net Worth Update (-2.3%)

October 2, 2014

Click here to see my current net worth. The month of September ended down.  Overall, my net worth decreased by $42,907 since my last update early September.  The reasons for the sharp decline are as follows: I am selling one out of my 2 rental properties.  I put it on the market for $199,900 at the end of […]

Read the full article →

Net Worth Update (+2.6%)

September 2, 2014

Click here to see my current net worth. The month of August ended up.  Overall, my net worth increased by $47,793 since my last update early August.  My net worth would’ve been about $10,000 higher had it not been for $5000 in repairs at my rental property $2000 in interior painting services at our primary home $3,000 diamond bracelet for […]

Read the full article →

Net Worth Update (-1.6%)

August 7, 2014

Click here to see my current net worth. The month of July ended slightly down.  Overall, my net worth decreased by $28,698 since my last update early July.  It was a brutal month from a stock market perspective, especially at the end of last week.  We also continue to not collect any income from my wife’s part-time job due to […]

Read the full article →

Net Worth Update (+1.2%)

July 1, 2014

Click here to see my current net worth. The month of June ended slightly up.  Overall, my net worth increased by $22,038 since my last update early June.  Our net worth increase would’ve been higher, but my wife’s employer is changing her pay schedule, so her June paycheck won’t arrive until 7/15.  We used to get the […]

Read the full article →

Wealthfront versus Betterment

June 19, 2014

For the longest time, I have managed my own investment accounts. Early on, I attempted to buy individual stocks with disastrous results. After learning from this mistake, I began to invest in mutual funds without paying any attention to fees. Over the course of many years, I transitioned from mutual funds to index funds that […]

Read the full article →

Net Worth Update (+2.6%)

June 3, 2014

Click here to see my current net worth. The month of May ended slightly up.  Overall, my net worth increased by $45,488 since my last update early May. The major drivers of the increase were: Broad stock market gains I also was able to contribute a bit more to my wife’s SEP-IRA so that explains the […]

Read the full article →

Net Worth Update (-1.2%)

May 2, 2014

Click here to see my current net worth. The month of April ended down.  I honestly can’t pinpoint why it was down as the market was actually up for the month.  My investments just didn’t do as well as the market.  Overall, my net worth decreased by $22,396 since my last update early April. The major […]

Read the full article →

7 High Costs of Renting Out Vacation Homes

April 8, 2014

Owning a vacation home is a great accomplishment for many – whether they plan to use the properties as retirement homes, frequent personal getaways or vacation rental properties. A second mortgage for a vacation home is, of course, a debt each borrower should take on with caution to avoid excess financial risk. Vacation home buyers […]

Read the full article →
Hypersmash.com