February Net Worth Update

Posted by Div Guy | Monday, March 01, 2010 | | 0 comments »

As of the end of February our Net Worth increased to $795,239 from $777,745 for the month which is a 2.25% increase. The stock market has been mixed the past few weeks and we are now at a high since May 2008. This is also close to where we were on March 2007.


The breakout is as follows:
ASSETS
Retirement Accounts $393,278
Taxable Accounts $131,803
Cash $22,255
Home $205,000
Cars $8,300
Personal Property $3,000
Kids 529 Accounts $31,603


Here is the summary for this month:

Our Net Worth increased the past month due mostly to an slight increase 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 $826 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.

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