February Net Worth

As of the end of February our Net Worth increased to $947,444 from $923,029 for the month which is a 2.64% increase. The increase in net worth is tied to the increase in the stock market for the month.

The breakout is as follows:
ASSETS
Retirement Accounts $505,782
Taxable Accounts $144,898
Cash $41,210
Home $205,000
Cars $6,700
Personal Property $3,000
Kids 529 Accounts $40,850

Here is the summary for this month:

The stock market was up for the month of February. The S&P 500 Index was up 3.2% from where it stood at the end of January. The S&P also scored monthly rises in December and January.The US economy continues to show signs of 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 $945 in dividends for the month and have used the cash from these dividends, proceeds from the sale ACAS and $400 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 Wednesday.