Hey! It’s our first ever Net Worth post!
I’m posting from Orlando, Florida, where we have a lovely view of the resort-laden city. While this trip will likely derail progress on our goals, it’s always good to give early retirement a trial run. BTW, Universal’s 3-D/4-D rides really mess with your head. With whatever brains I had left, I’ve created a recap of June.
Assets +$15,017 change
- Mr MORE’s 401k: Continuing to grind out the slow march with the 401k (includes contributions, match and market appreciation).
- Mr MORE’s Roth: Purchased 14 shares of Tesla. Over the course of the month it went up 8% almost to $5,500 but soon retreated to the level shown above (and even lower as I write this). However, I’m in it for the long haul and expect drops to accompany its rise.
- Mrs MORE’s 401k: In the first complete quarter of 401k MAXOUT levels, we’ve seen her account jump from $7,600 to a juicy $13,500. This was after some convincing that it’s important to MAXOUT! and that sacrificing the short term will exponentially pay off in the longer term. It’s hard to communicate this to a person who is more tactical and less pie in the sky/head in the clouds like me (includes contributions, match and market appreciation).
- Mrs MORE’s Rollover: Still chugging away at Vanguard in VTSAX.
- Mrs MORE’s Roth: $1,000 gift to my wife a few years ago is growing sloooowly but still growing.
- Joint Savings: added $800 and some change. This is below our target $1,500 per month but we had some expenses including this trip, taking people out for dinner and a family loan. We’re halfway to our target of $10,000 before transitioning on to our next goal.
- Home Value: jumped a bit. Three houses over (same floor plan as ours) sold for $283,000!? We bought ours for $190,000 in 2013. Nice chunk of appreciation-change.
- Brokerage (options): Doing good here. Selling premium in AAPL on the regular. Gives me about $50 a month.
- Brokerage (let’er ride): Continue to slooooowly grind it out. This was my first ever brokerage account (2005?) that holds PG, MRK, and the newly acquired AAPL (2013).
- Lending Club: monthly interest payments dropped a bit because my lowest, C-rated loan stopped paying. Went from 8.00% to 5+%.
Liabilities +$1,037 change
- Mortgage: Slowly chipping away.
- Car Loan (Mrs): Slowly chipping away.
- Car Loan (Mr): Slowly chipping away.
- Student Loan: Also, slowly chipping.
Net Worth: I’m pretty excited about this month. +$16,000 is a welcome increase. Considering ~$5,000 was direct contributions or savings and ~$1,000 in reduced debt, $10,000 is effortless appreciation!
What do you think? Are you experiencing the same market appreciation?