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We finished the year with a 19.7% change in our accessible net worth. We fell just short of our 21.6% goal for the year.
Our total net worth change since January 2003 is 1062.5% just missing our dollar plan goal of 1080%.
Our top three individual stocks held all year were:
We have been slowly eliminating all individually held stocks with only 9 remaining. I would like to eliminate these positions in 2008. (Exxon may be the sole exception). I would prefer to use all index funds and limit individual stocks to our holding in my investment club.
Our top three mutual fund sectors held all year were:
This list is somewhat misleading as most funds were exchanged when we adjusted our asset allocation. I thought I would list them anyways.
Why We Were Short
The Total Stock Market index returned 5.49% for 2007. It accounts for a large portion of our portfolio. In addition, I have been on maternity leave since the birth of our second son in September. I haven’t been contributing to my company plan since then as the majority of my leave is unpaid. While it isn’t very significant in terms of our overall portfolio, every little bit counts!
Accessible Net Worth
Only our investment accounts are included in these updates. I exclude home equity and assets because I do not plan to convert them to an income stream in the future. I refer to the modified number as accessible net worth so as not to confuse it with a true net worth (total assets – total liabilities).
One fund does not update until about 2 months late with deposits reported 4 months late. In addition, six DRIP plans have not updated. I have estimated these positions with conservative numbers. The total returns will be adjusted as they report in future monthly updates.
While I’m slightly disappointed that we didn’t meet our goals for the year we are close enough that I don’t feel the need to make adjustments to the plan or our 2008 goals. I may consider adding some additional funds to one of the accounts towards the end of 2008 once I see how the upcoming year plays out.
Previous Net Worth Updates:
See how other personal finance writers did in 2007 (I will link to them as their net worth updates are posted throughout the day):
How did your investments do in 2007?