As of the end of September our Net Worth increased to $755,013 from $715,629 for the month which is a 5.5% increase. For now the markets look like the have settled but we will have to wait and see if the economy slowly starts to recover.
The breakout is as follows:
ASSETS
Retirement Accounts $373,359
Taxable Accounts $119,385
Cash $15,981
Home $205,000
Cars $9,000
Personal Property $3,000
Kids 529 Accounts $29,288
Here is the summary for this month:
Our Net Worth increased the past month again due to the stock market increase and I also received $13,000 from a discontinued pension plan that was rolled over into my Vanguard IRA. We are now debt free since we paid off our credit card debt. We will continue to use our credit cards for rewards but payoff the balances each month. I received around $200 in dividends for the month and have used the cash from these dividends to make additional stock purchases of our dividend stocks but I have not been adding much extra money.
We will be building up our cash over the next few months to increase our cash reserves. 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 each month.
I will post my Dividend Income Update on Friday.
September Net Worth Update
Posted by Div Guy | Thursday, October 01, 2009 | Net Worth | 2 comments »
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Congratulations on being debt free!! I am as well debt free and it gives me inner peace every day. I am building my dividend portfolio and watching the amounts inch forward every quarter. What a great feeling!
I enjoy the freedom I get from being debt free as well as our growing dividend income. It allows me to enjoy my time with family and not be worried about financial issues.