Net Worth and Dividend Income Update

Posted by Div Guy | Thursday, November 01, 2007 | | 0 comments »

As of the end of October our Net Worth increased from $809,974 to $827,436. The breakout is as follows:

Retirement Accounts $423,287
Taxable Accounts $109,543
Cash $70,106
Home $205,000
Cars $16,000
Personal Property $3,500

I again made a few purchases when the stock market was down. We paid for our new Dell computer this month. The markets increased for the month, resulting in a gain in net worth for the month. I am also going to use some of the cash to fully fund our Roth IRA's for 2008 and 2009. I decreased the value of our cars. Again, we have no debt at this time.

The Dividend Income increased from $6,437 to $6,570. The increase was from additional purchases as well as a dividend increase from some of my stocks. The dividends are reinvested but I am keeping track of the amount of income I could receive.

Sorry for the infrequent posts the past month but this is the busy time of year at work and I am a race director for a local marathon that will take place on 11/18/07.

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