Click here to see my current net worth. Overall, an increase in net worth of $36,129 since my last update early November.
The major drivers of the increase were:
- Investment gains in the market
- Debt continuing to trend downward
For a moment, I thought this was going to be a sub par month, but the markets picked up during the second half of the month which helped secure gains in my investment portfolio.
You will also notice that I’ve continued to pay down a significant chunk in the mortgage category. This is because I am paying down the mortgage on a rental with a 5.25% interest rate. Because I cannot take full advantage of the tax deductions that come with rental property, this is the best strategy for me since we have some excess cash to invest.
I continue to keep our real estate portfolio flat and have adjusted our car values to reflect current Kelly Blue Book values. As a reminder, our goal for our end of 2012 net worth is around $1.3 million. We have one month left and at our current pace, we may not get there.