Comments on: Net Worth Update – August

By: Kipp

Kipp — Tue, 09 Sep 2014 11:56:47 +0000

Thanks DGJ! Looks like you did well with over an 8% increase in your portfolio! If we all get these increases every month all of us would be retired in no time! Although those type of increases are sustainable in reality.

By: Dividend Growth Journey

Dividend Growth Journey — Tue, 09 Sep 2014 03:31:41 +0000

Kipp, Congrats on a great month. 13% increase in networth in a month is wonderful. Keep it going and good luck for September.

DGJ

By: Kipp

Kipp — Tue, 09 Sep 2014 01:34:04 +0000

That is the goal MMD! Though I am sure once I am more weighted in investments I will have the inevitable downturns. But I am not too worried, that means I have done a good job building wealth if it will effect me greatly!

By: MMD

MMD — Tue, 09 Sep 2014 01:22:02 +0000

Keep that net worth chart going up, up, up!

By: Kipp

Kipp — Sun, 07 Sep 2014 00:28:19 +0000

I am just straight-line depreciating my auto. Home I am not adding the current value as I have no plans to sell once I hit FI. Maybe in the future after presently non-existent kids move out, but I won’t be able to use any of the gains until then, so not going to bother tracking it. I know it is worth a bit more since we got it on a short sale, but I am not worried.

By: LeisureFreak Tommy

LeisureFreak Tommy — Sat, 06 Sep 2014 17:33:09 +0000

Sweet results. I track net-worth rather loosely as deciding auto depreciation and home valuation doesn’t come with a monthly statement. I guess I am little lazy in my early retirement. Anything that generates a statement and I am tracking it. Keep up the progress. It gains its own momentum.

By: Kipp

Kipp — Sat, 06 Sep 2014 16:11:46 +0000

Thank you Jason.
September will probably be less than $500 after accounting for the rest of the deductible. But I should still be on track for my goal for the year. It will be tight, I will need to increase my net worth by a little over $3,000 each month from October through December. It should be doable as my cash in lieu of insurance kicks back in October.

By: Dividend Mantra

Dividend Mantra — Sat, 06 Sep 2014 06:24:58 +0000

Kipp,

Nice jump in the net worth. Gotta love that. Although, it sounds like September will be a bit of a bummer with some cash drains. All in all, however, you’re making steady moves upward.

I don’t track my NW per se, but I can calculate it fairly accurately right off the top of my head. Makes it easy when you don’t have much going on. I like to keep it simple.

Keep up the great work!

Best regards.

By: Kipp

Kipp — Sat, 06 Sep 2014 02:59:53 +0000

Well I would hope it is moving in the right direction. As long as you do something, budget or track expenses and see what is going on, you should be good!

By: DC @ Young Adult Money

DC @ Young Adult Money — Sat, 06 Sep 2014 02:52:33 +0000

Looks like you’re moving in the right direction! I don’t track my net worth, but I would assume it’s slowly moving in the right direction.