Well, I got to a buck fifty by Halloween as I anticipated. Another mediocre month for me. My income has seen a bit of a decline recently. Not anything too serious. I expect that I'll still hit my Net Worth target of $155k by the end of the year, but much of it depends on how my investments perform over the next two months.
I expressed in my last Net Worth Update that I was not terribly optimistic about the market in the short term. Well, the market made me look rather foolish, racing to all time highs and right on through the next benchmark of 12,000. Of course, the cheerleaders at CNBC couldn't be any happier, throwing confetti, and sending out the marching bands! Well, in my pessimism, I have gone rather conservative in my investing, thus my lackluster returns. My outlook has not changed.
Here are the results:
Click on Image to Enlarge
Notes:
- I spent some money on plane tickets for a trip coming up in February. Otherwise, it was not a bad month in terms of spending.
- My business exenses were fairly high this month, thus the large Amex and Checking balances. The money has been spent, and I just received the reimbursement check. The good news is that this means more Hilton Honors points!
- The value of my car increased. That's weird. I used the same parameters on KBB as before, and of course I have more miles than last month. Oh well, I'll just continue to report whatever it says.
No Vegas trip coming up this month. I'm going to San Diego this weekend. No gambling there. I'll be staying with a friend, so this will be an inexpensive get away.
Cheers to another month of increasing your net worth!
It's so nice to have you do all of the research for us. It makes our decision making so much easier!! Thanks.
Posted by: MBT Shoes | July 23, 2011 at 01:02 AM