Net Worth Update (-1.2%)

by iam1percent on May 2, 2014 · 7 comments

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 drivers of the decrease were:

  • Not sure!  The market was up overall, but my investment account went down significantly.  I have to re-look at my investments to make sure that they are tracking the S&P…possibly rebalance.

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

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{ 7 comments… read them below or add one }

Canadianbudgetbinder May 2, 2014 at 5:56 pm

Ya, I’d be looking at where that decrease came from as well as it’s a hefty amount. I’m sure you’ll sort it all out. I’ll be posting our Net Worth update this coming week. :) Mr.CBB
Canadianbudgetbinder recently posted..What would you do if you were to find lost money?: PF weekly grab a brew #70My Profile

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Sov May 19, 2014 at 8:54 am

April could be a real turning point for me!

My journey towards financial freedom has turned a significant corner – I’ve been made redundant!

Next step – make Financial Freedom really work! I started the journey back in 2006 but I’m some way off my £4 million target and full retirement. My current net assets = £1,645,000.

• In the UK Property prices keep rising which is fortunately helping my net asset growth – but I can’t see this lasting for ever. Bank of England gonna do something soon.
• I believe the stock market is quite toppy and they always say “sell in May”, so I’ve moved my ISA investments from equities to commodities and cash. Could be a big mistake?
• My day trading was looking good the last two weeks in April, but May to date has been a disaster! Need to do something drastically different here!
• Savings in various cash UK ISA’s doing nothing as usual – savings interest rates 2%-3%. When are they going to raise them interest rates?

But I’m enjoying myself! Sun is shining. Soccer world cup approaching…

Onwards and upwards!
Sov
http://www.break50.com

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iam1percent June 19, 2014 at 9:22 am

never time the markets. you have to be right twice each time….when you get out of the market and when you get back in….almost impossible to predict.

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The Wallet Doctor May 25, 2014 at 5:08 pm

Have you looked over your portfoloio? Did you choose to make any changes based on this experience?
The Wallet Doctor recently posted..How to reduce your food costsMy Profile

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Asset-Grinder May 30, 2014 at 5:56 pm

Would be very interested to see where your investments are?
Asset-Grinder recently posted..New Puchases May 27 ! $V $GSK $NVS $JNJ $COP $T $SU $THI $CNQMy Profile

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Nicola June 3, 2014 at 2:00 pm

Wow! I can only dream about numbers like this – maybe one day!

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