Net Worth Update (+3.9%)

Click here to see my current net worth.  Overall, an increase in net worth of $48,206 since my last update early January.

The major drivers of the increase were:

  • Investment gains in the market.  This was the best month since October 2011

You will notice that my total liabilities is actually up.  There are 2 reasons for the increase.

  1. First, I vested in stock options this month which we give to charity every year.  The stock currently sits in our Fidelity Charitable Gift Fund.  So on the balance sheet, what you will notice is a significant increase in total investments (which houses our gift fund), but its balanced on the liability side because that money is not ours to keep.
  2. Secondly, our refinance finally went through.  Long story, but it took several months.  Our mortgage balance actually went up because the mortgage company gave us cash at closing.  We will put that  cash back into the mortgage to bring down the principal again.

 

2 Comments

  1. Wow, great job. I can’t even save $48K a year let alone a month lol. Most investors had a pretty good month because of the stock market. Can’t believe DOW broke 14,000 yikes :) Crucial milestone or overvalued? Good choice paying down the mortgage with the extra cash.

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