As of the end of November our Net Worth decreased to $876,663 from $881,776 for the month which is a .58% decrease. The decrease in net worth is tied to the small decline for the stock market in November.
The breakout is as follows:
ASSETS
Retirement Accounts $452,959
Taxable Accounts $145,201
Cash $27,063
Home $205,000
Cars $7,100
Personal Property $3,000
Kids 529 Accounts $36,340
Here is the summary for this month:
The stock market was down slightly for the month of November. The US economy continues to show 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 Thursday.
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