Debt Net Worth

April Net Worth 2017: $148,735 (-$13,041, -8.06%)

Hey guys! Another month, another networth.

This month I am going to be adding what I have in my portfolio to spice things up. I don’t really do mutual funds for my personal account so this will be a bit more fun.

Before we start, let’s review 2017 goals!

Goals of 2017!

  1. Pay off rest of by consumer debt by July. (5.8k left)
  2. Save 4 – 6 Months of expenses ~$10,000 (Currently have $500)
  3. Net Worth $200k. (51k left to go)
  4. Increase my income by $100 per month.
  5. Update my Closet – Spend at least $75/mo on clothing. (On track)

Here is how my April went down.

Assets

SAVINGS ( +$0) – Another month of gaining nothing. I am lazer focused on paying off my consumer debt off.

ROTH IRA (+$1,433) – I didn’t put any additional money toward this account. A few of my stocks popped this month.

BROKERAGE (-$2223.00) – I sold off all stocks in this month. I will be using the cash in here to pay off my consumer debt faster. Once I have paid off my consumer debt, I will be adding back to this account after I have maxed out my ROTH IRA.

401K (+$980) – Nothing new here. Added 5% of my salary toward 401k to get the full match that my company offers.

CAR (+$26) – Another weird month. My car value has been going down consistency, however it has going up a couple of months in a row. My car must be in high demand at the current age and milage.

COMPANY STOCKS (-$16,275) – Wow. Another massive drop. This is what happens if you own individual stocks. The holding are a lot more volatile than mutual funds.

HOUSE (+$1,497) – This looks like a big increase, however it is only a 0.68% increase month over month.

Debts

CAR LOAN (-$1,320) – I think I will be able to pay off this by JULY!!!! Then I can max out my ROTH IRA and start to really invest.

MORTGAGE (-$200) – Not much here. Mortgage going down like molasses. Once I pay off all my consumer debt, max out my ROTH, and get my emergency fund fully funded, paying this house off is my next big goal I want to accomplish.

Savings

There isn’t much here. I haven’t added anything so it is the same as last week.

Investments

This is the first time I have posted my personal holdings. You should not sell or buy any stocks based on my holdings. You should do your own research and buy/sell stocks based on your situation.

Closed positions are marked gray and the current column will not change. If I re-enter the position, I will change the cost basis based on the closed position and the opened position.

Terminology

S&P = Standard and Poor’s. Comparison benchmark.
Cost Basic = What I paid for the stock minus dividends per share.
$ Gains = Total gains since stock purchase.

My goal is to get 15% – 26% returns year over year. So far, so good.

Well, that is it for April! If you want to checkout my other net worth posts you can go here!

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