October Net Worth Update

As of the end of October our Net Worth increased to $881,776 from $833,701 for the month which is a 5.77% increase. The increase in net worth is tied to the nice increase for the stock market in September and October.

The breakout is as follows:
ASSETS
Retirement Accounts $453,928
Taxable Accounts $147,197
Cash $28,897
Home $205,000
Cars $7,200
Personal Property $3,000
Kids 529 Accounts $36,554

Here is the summary for this month:

The stock market was up around 4% for the month of September. The stock market had three very good months in a row. The market continues to perform well but the US economy still is showing signs of very slow growth.

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 $100 in dividends for the month and have used the cash from these dividends and $600 to make additional stock purchases.

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 Tuesday.