Net Worth

May Net Worth 2017: $212,347 (+$59,336, +38.78%)

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!

  1. Pay off rest of by consumer debt by July. (1.1k left)
  2. Save 4 – 6 Months of expenses ~$10,000 (Currently have $500)
  3. Net Worth $200k. (Done!) New goal $230k.
  4. Increase my income by $100 per month. (Done!)
  5. Update my Closet – Spend at least $75/month on clothing. (On track)

Here is how my May went down.

Assets

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.

Debts

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.

Savings

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

Investments

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.

Terminology

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!

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