Net Worth Update – March 2019 $296,202.77 (+$7,989.62/2.70%)

It is already March. That’s crazy! February flew by for us. I was very busy at work with a little bit of cross-country travel. I only put out 4 posts, which is way less than the 6-8 I’d like to have. Unfortunately, March looks like it is going to be even busier; I’ll be travelling for work 4 of the next 6 weeks. Thankfully, no cross-country travel so I might not be a zombie at home.

On the heels of February’s huge $24,800 gain, we posted a modest ~$8,000 increase. It was a fairly uneventful month, which was nice considering how busy we were.

Next month, barring a big market correction, we should pass $300,000 in net worth. I receive my annual bonus from work, and because of the good year we had in 2018, it is going to be the biggest one we’ve ever received. If you come back in 30 days, you’ll notice the bump in our Roth IRAs and cash.

Anyway – enough talking about that. Here’s how we made out last month:

House (-$1,077.00)

I’m chalking this up to fickle Zillow. On a % basis, this is relatively flat from last month, but still hovering around $360,000, which is where we had it for the majority of our net worth calculations. After my recent post on why home ownership sucks, I’m tempted to move this into the LIABILITIES column. If you’ve ever read Rich Dad Poor Dad, you know that the author would put House into the LIABILITIES column. (If you haven’t read it, consider clicking this affiliate link and buying it – it’s worth the few dollars it costs.)

Cars (-$594.00)

Our cars depreciated as they are expected to do! We are still feeling so fortunate to not have a car payment anymore. I wrote a few months ago about just how impactful dropping the car payment could be for us (here). We boosted the amount we save in our Ally savings account each week (earning a nice 2.2% yield), and also boosted our Equity Loan payment with the money we are no longer spending on a car payment.

401k (+$5,861.86)

I was surprised at how much the 401k was up last month. I really didn’t pay any attention to it. The 401k slightly under-performed the S&P 500 last month (2.9% vs. 3.2%). For the year, so far, the 401k is at a 13.06% return compared to the S&P 500s 11.3% return. Next month, 19% of my pre-tax bonus will drop into this account, so there should be a nice bump above the average increase.

Roth IRA (+1,075.15)

Our Roth IRAs were trending a bit higher than the S&P 500 up until February 21st, when Kraft-Heinz reported poor earnings and tanked ~33% over the next several days. Then, on the last day of the month, HPQ dropped 18% after reporting weaker earnings than expected. But, that’s what happens when you own individual stocks instead of indexes. Here is how our individual stocks have performed since we bought them:

With the money coming into the Roth IRAs next month, the stocks I’m considering are: Altria (MO), AT&T (T), AbbVie (ABBV), & Boeing (BA). I wish I had been sitting on enough money to buy a bunch of Boeing at the end of December, but I still think it is fairly valued even after the recent run-up.

Monster Vacation Fund (+$692.03)

We had another big month of growth in our vacation fund, unfortunately it was mostly manufactured. We received our cash back reward from our credit card and stuck $500 into our Monster Vacation Fund. When you eliminate the injections into our account, we gained $92.03 which puts us just under the S&P 500 returns for last month.

Cash (+$709.97)

We ended the month up over $700. Next month, with the incoming bonus, we should be up a lot again. Hopefully we will be able to track consistent growth in our cash position through the end of the year. I’d like to get our emergency savings buckets filled back up.

Mortgage (+$620.07)

Slow and steady. Every month a couple extra dollars hit the principle. We are still tracking to be sub $200,000 remaining on this mortgage by the end of the year!

Equity Loan (+701.54)

Back to 2 payments hitting the bottom line. If I had more free time, I’d really like to pick up some side hustle to pay this down even faster. I can’t wait for it to be gone.

Previous 12 Months Graph

That December/January dip is now in the rear-view mirror, onward and upward!

Retirement Accounts

Our retirement accounts widened the gap from our 2018 goal of $150,000. Now, we’re at $165,732.02, a measly $34,267.98 away from our 2019 goal. Hopefully, in next month’s update, the gap to $200,000 will be ~$20,000. Still a long way to $1,000,000, but we’re chipping away.

Last Month’s Goals

  1. Finish Fire and Blood (Affiliate Link) – Done! With my cross-country flights, I was able to finish this book and one other!
  2. Keep up with my new eating and workout habits – Done! I missed one scheduled workout day because I was traveling, but did a great job with my new eating habits!
  3. Post 8 times – Fail! Only 4 posts in February. March is going to be even tougher, so I need to make sure I carve out time to write.
  4. Complete all my MBA work >24 hours before it is due – Done! I even finished my most recent assignments a full week early!

March Goals

  1. Read Astrophysics for People in a Hurry (Affiliate Link) – my lovely wife bought me this book for Christmas after seeing how many space/science videos I watch on YouTube.
  2. Exercise at my hotels – I don’t want to fall out of the habit of working out every other day, and I can’t let travel be an excuse to not exercise. In a few months I’ve already made a lot of progress that I don’t want to lose!
  3. Post 6 times – I’ll be more conservative this month. I’m going to try to type when I’m on airplanes or in my hotel (if I don’t just crash on my bed like I usually do).
  4. 95% on my upcoming MBA exam – it’s next week, wish me luck!

Before I go…

Would you be so kind as to head over to www.themoneymix.com and vote for my recent post on Home Ownership for the Monthly Jukebox? Vote #4 – Thanks!! (And read the other outstanding posts from February while you are at it)



Are you interested in tracking your Net Worth?

Tracking my net worth was one of the first and best decisions I made to start getting serious about saving for my future.  Back in April 2017 I created a Personal Capital account to make it easier to keep track of my accounts.  Instead of hopping from website to website to add up my different accounts, I just needed to visit Personal Capital to see them all in one place.

It is a great tool that connects your different bank and investment accounts all in one place.  Once you add your accounts, they will update automatically.  It is easy to see how your spending (and saving!) affects your total financial picture.  The program is incredibly easy to use and very straightforward.

Personal Capital Affiliate Link

It takes just a few minutes to sign up and enter your account information.  After that, you’re off and running to having a clearer understanding of where your finances are.

2 thoughts on “Net Worth Update – March 2019 $296,202.77 (+$7,989.62/2.70%)”

  1. Since you have the astrophysics book, let me make a suggestion in line with my favorite hobby. I am deep into astronomy, and have a nice big telescope. Many clubs around the US and the world meet up monthly at sites open to the public and folks like me love to share our “toys” . In spite of the lingering snow in my area, and the forecast for a bit more tomorrow, we will be heading out tonight. You should consider going to some of these outings to see the night sky and the amazing things hidden in it that can be revealed by one of these telescopes. You’d be surprised and it will only cost you time.

    1. That sounds AWESOME! I would totally be into doing that!

      What would be the best place for me to find a local group? Facebook?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.