Tuesday, April 5, 2011

March Net Worth

As of the end of March our Net Worth increased to $950,835 from $947,444 for the month which is a .36% increase. The increase in net worth is tied to the small increase in the stock market for the month.

The breakout is as follows:
ASSETS
Retirement Accounts $512,472
Taxable Accounts $145,196
Cash $37,367
Home $205,000
Cars $6,600
Personal Property $3,000
Kids 529 Accounts $41,200

Here is the summary for this month:

The stock market was up for the month of March. The stock market was up .8% from where it stood at the end of February. The S&P also scored monthly rises in December, January and February. 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 $700 in dividends for the month and have used the cash from these dividends 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.

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