After I wrote how to calculate your net worth, I was out with a friend and we were talking about growing our wealth. Throughout the conversation, he continued to focus on growing his income. I had to explain to him that his approach to growing his wealth was flawed. Why was his approach flawed? Why […]
September 2008 Net Worth Update: -5.6%
Posted byOur portfolio decreased -5.6% in September, bringing us to 862% total increase since the beginning of our dollar plan. In addition, our year-to-date total decrease is -16.9%. Reflections on my portfolio this month September was tough, just like most of 2008. However, instead of looking at the gigantic losses, it helps to focus on the […]
August 2008 Net Worth Update: -2.4%
Posted byOur portfolio decreased -2.4% in August, bringing us to 919% total increase since the beginning of our dollar plan. In addition, our year-to-date total decrease is -11.9%. 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 […]
June 2008 Net Worth Update: -6.4%
Posted byOuch! June was a rough month for our portfolio. Our portfolio decreased -6.4% in June, that brings us to 968% total increase since the beginning of our dollar plan. In addition, our year-to-date return is -7.7%. Reflections on my portfolio this month I just moved a portion of our portfolio to a CD ladder. I […]
May 2008 Net Worth Update: +1.4%
Posted byMay is slowly, but surely getting us back on track with our portfolio. Our portfolio increased 1.4% and brings us to 1038% total increase since the beginning of our dollar plan. The all time high for our portfolio was 1069% back in October. In addition, our year-to-date return is now only -1.7%. Reflections on my […]
April 2008 Net Worth Update: +3.8%
Posted byApril was a wonderful month for us. Nothing special, but we finally have an increase in our portfolio after negative returns the last three months. I’m usually more focused on the long term, but reporting it each month to you made me start to notice. As my two-year-old would say, “I’m a happy camper!” During […]
March 2008 Net Worth Update: 0.0%
Posted byAfter two months of portfolio declines, we finished March at no change! Yes, you read that right. Our portfolio value finished the month with less than $100 difference from February. I think that is the first time ever! Our year to date total remains at -7.0%. Our total percent increase since the beginning of our […]
February 2008 Net Worth Update: -1.8%
Posted byOur portfolio declined by 1.8% in February. It brings our year to date total for 2008 to -5.6%. The total percent increase (not to be confused with total return) of our portfolio since the beginning of our dollar plan is 989.6%, dipping under 1000% for the first time since last July. The Good News Despite the declining […]
January 2008 Net Worth Update: -3.7%
Posted byOur portfolio declined by 3.7% for the month of January. The total percent increase since the beginning of our dollar plan is 1010.9%. Factors Since the total market was down in January, so is our portfolio as we use a total market approach to investing. As always, 2 plans in our portfolio have not reported results yet. I […]