Tuesday, December 1, 2009

November 09 Net Worth: Not Much Changing

November was a another solid month with a 5.89% growth. I am looking forward to breaking down my yearly net worth in January. I didn't do to much this month and don't really see December being an exciting month, as I am going to ride it out the rest of the year, unless gold has a strong decline.

Lets break it down:

Cash & Savings: Saw only a small jump this month as we added some cash into our brokerage account. I still do not see much growth in this area over the next 4-5 months with all the wedding and honeymoon stuff that we will have to pay for. This bracket holds the funds for my down payment on house(which is pushed back another year), engagement ring, insurance, auto maintenance, Roth IRA(before I max it out), and vacation. This is why it can be a little deceiving, it also holds my monthly budget in it. It has about 16-17k sitting around as savings the rest are funds that are going to be used at some point over the year. The rest is used on a daily bases for covering expenses, rent, food, auto, etc...

Stocks/Brokerage: As you can see I sold all my stocks this month. Most all of that $688 is all shorting the financials/stock market and the rest sitting in cash in my brokerage account.

Precious Metals: All the money from selling my stocks I bought gold stocks and looking to buy more on the dip, which we just had, but did not pull the trigger.

Retirement 401k: This braket is just me adding money to my 401k every month. Not seeing much growth here this last month. I not really checking on this bracket as it really long term and I just keep pumping money into it every paycheck.

Retirement IRA's: I have finally moved all my IRA/Roth IRA into the same bracket. I still have a big chunk of cash sitting on the sidelines which will hopefully be maxed out before April 15th. If I still think the market is going to correct itself I will keep it on the sidelines and just try and max out my fianc├ęs and my Roth's next year.

Debts and Liabilities - Vehicle and Credit still high

Credit Cards: All of this is still the engagement credit card with a 12 month 0% APR, I am not going to put much of a dent into this debt until the 12 month or January/February, when I will pay it off in full. I have that money going straight into my saving account creating a little interest off of it till I pay it in full.

Car Loan: I am paying 4% APR on it so I am paying a little but not a ton. Still looking to pay it off early-will probably be a goal next year.

November was great month. It was the third month in a row with positive gain, and five out of last six months, so I cannot complain, especially since this is through this recession.

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