June Net Worth Update

As of the end of June our Net Worth increased to $802,376 from $798,207 for the month which is a .52% increase. The slight increase in net worth is tied to the flat stock market in June.

The breakout is as follows:
ASSETS
Retirement Accounts $400,433
Taxable Accounts $131,891
Cash $21,370
Home $205,000
Cars $7,700
Personal Property $3,000
Kids 529 Accounts $32,982

Here is the summary for this month:

The stock market was once again volatile but little changed for the month. The stock market continues to get mixed messages from the economy on the state of recovery. I think the US economy has to show some positive signs of growth before we see the markets move up from here.

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 $250 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. We continue to fund our Roth IRA's each month.

I will post my Dividend Income Update on Friday.