As of the end of June our Net Worth decreased to $769,705 from $826,310 for the month which is a 6.85% decrease.
The breakout is as follows:
Retirement Accounts $366,344
Taxable Accounts $111,312
Personal Property $3,000
Kids 529 Accounts $23,781
Here is the summary for the month:
Our Net worth decreased in June by one of the largest percentages I can remember. I once again made additional purchases of bank and financial stocks this month. Our dividend stocks and retirement accounts both decreased by over 9% for the month. You can click on my Net Worth graph on the right to see the changes in each category from the previous month. I continued funding our Roth IRA's this month. I am keeping a high level of cash that I will use to fully fund our Roth IRAs for 2008 and 2009. I also have a savings account to fund the replacement of my wife's car in four years. Again, we have no debt at this time.
I will post my Dividend Income Update tomorrow.