As of the end of November our Net Worth increased to $770,689 from $747,078 for the month which is a 3.16% increase. The markets took a little hit the other day from the Dubai fallout but we are still waiting to see if the economy slowly starts to recover.
The breakout is as follows:
ASSETS
Retirement Accounts $382,311
Taxable Accounts $123,776
Cash $17,488
Home $205,000
Cars $8,750
Personal Property $3,000
Kids 529 Accounts $30,364
Here is the summary for this month:
Our Net Worth increased the past month due mostly to the raise in the stock market. 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 $800 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 Wednesday.
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