As of the end of October our Net Worth decreased to $654,452 from $735,643 for the month which is a 11.04% decrease.

The breakout is as follows:
ASSETS
Retirement Accounts $278,096
Taxable Accounts $101,183
Cash $37,436
Home $205,000
Cars $14,500
Personal Property $3,000
Kids 529 Accounts $21,037

DEBT
Credit Card $5,800

Here is the summary for the month:

Our Net Worth decreased by over 11%, most of which is from the 14% drop in the stock market. This brings our net worth to values not seen since late 2005. I did make some additional purchases to our dividend stocks this month using some additional cash. I purchased mostly conservative stocks such as PG, PEP, UN and GE after the big drop during 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 a couple of years. This is the first time in a while that I have a credit card debt but I will pay the card off in 12 months with no interest.

I will post my Dividend Income Update on Tuesday which will provide a little bright spot.