August 2008 Net Worth Update: -2.4%

Posted by Madison

Our portfolio decreased -2.4% in August, bringing us to 919% total increase since the beginning of our dollar plan.

Total Net Worth August 2008

In addition, our year-to-date total decrease is -11.9%.

Year To Date Net Worth August 2008

Reflections on my portfolio this month

August was a critical point for our portfolio. In the future, it will be the month that I draw an arrow to noting that I took out the first of many retirement withdrawals to fund my new lifestyle. Along with a down market, you’ll notice our portfolio heading the wrong direction lately!

I was going to calculate how much of the decrease is due to making withdrawals, and how much is due to market return, but I decided it didn’t actually matter at this point. At the end of the year, I’ll do that to compare my return to the benchmarks, but it’s not something I want to get caught up in each month.

August Performance Highlights

Individual Stocks

  • Best: Aqua America
  • Worst: Exxon Mobil

Mutual Funds

  • Best: Vanguard Small Cap Value Index
  • Worst: Vanguard Emerging Markets Index

Previous 2008 Net Worth Updates

Check out how others did in August





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Comments to August 2008 Net Worth Update: -2.4%

  1. Madison, just hang in there. You are also working off 1 income, so it’s difficult to increase your net worth, especially in this market. If it wasn’t for my wife’s part-time income and my alternative web business income, mine would be down as well.

    Pinyo’s last post: New Entrepreneurs Must Let Go To Grow

    Pinyo
    Reply

  2. So why are you not short selling? Why do you not have a hedging strategy?

    Lost Cause
    Reply




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