As of the end of December our Net Worth increased to $788,767 from $770,689 for the month which is a 2.35% increase. The last day of trading for 2009 ended on a down day but it is great to see the market recover from the March lows. Our Net Worth at the end of 2008 was $629,685 so we are up quite a bit from a year ago but still below year end 2007 of $820,314. I am optimistic about the markets recovery in 2010 and hope to see companies add positions and unemployment figures start to decrease.

The breakout is as follows:
ASSETS
Retirement Accounts $395,250
Taxable Accounts $126,784
Cash $19,140
Home $205,000
Cars $8,500
Personal Property $3,000
Kids 529 Accounts $31,093

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 still 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 Tuesday.