Wow! $200K+ NET WORTH POST!!!!!!
This month I am going to be showing which stocks I have in my portfolio to spice things up. I will be also putting my purchase price and date as well. I don’t really do mutual funds for my personal account other than my 401k so hopefully this will be a bit more fun.
Since I invest in individual stocks, my net worth will very volatile as well. It can drop as much as 20% in a month, but also increase 20% in a month as well.
Before we start, let’s review our 2017 goals!
Goals of 2017!
- Pay off rest of by consumer debt by July. (1.1k left)
- Save 4 – 6 Months of expenses ~$10,000 (Currently have $500)
- Net Worth $200k. (Done!) New goal $230k.
- Increase my income by $100 per month. (Done!)
- Update my Closet – Spend at least $75/month on clothing. (On track)
Here is how my May went down.
SAVINGS ( +$0) – Didn’t add any. Just focused on paying off my debt.
ROTH IRA (+$1,404) – I didn’t put any additional money toward this account. A few of my stocks popped this month.
401K (+$464) – One thing that is great about this is that if you get a raise, you get a extra boost to your 401k since it is percentage match!
CAR (+$886) – 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 (+$44,625) – Wow. Opposite of last month’s decrease. Stock rallied up and I think it is near company’s 52 week high.
HOUSE (+$7,188) – Wow real estate is very very hot here. I am not sure if it is just Austin that is hot, but the housing market in my neighborhood is kind of crazy.
CAR LOAN (-$4,659) – $1.1k left on my car loan. 1 more month and I should be debt freeeeeeeeeeeeee!
Company Stocks (+$0) – I have a price where I can purchase my shares. Since it takes a while to my options to expire, I am just going to put aside ~$10k per year to purchase all my shares.
MORTGAGE (-$290) – Mortgage is decreasing very slowly since I am in my early years of my 30 year loan. Once I bulk up my cash savings, my investments, I will be trying to knock this debt out of the park next.
There isn’t much here. I haven’t added anything so it is the same as last week.
These returns are based on start date 10/02/2015.
My Returns = 57.52%
S&P 500 Returns = 23.76%
vs S&P 500 = 33.76%
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, the cost basis will be the based on the new position only and I will update the cost basis to reflect any additional purchases.
S&P = Standard and Poor’s. Comparison benchmark.
Cost Basis = What I paid for the stock minus dividends per share.
$ Gains = Total gains since stock purchase.
My goal is to beat the s&p 500 returns every year. So far, so good.
Well, that is it for May! If you want to checkout my other net worth posts you can go here!