Down Month Blues – OthalaFehu’s Net Worth Blog

I Got The Down Month Blues.

Well, they can’t all be great. Thanks to jitters about the pending trade wars popping up all over the world, last month sucked.

At least yesterday, the 4th, was a stock market green machine. It helps to pick the monthly losses up off of the factory floor.

On the upside, Dear Wife got a promotion and is now a GS-15 (this is kind of a big deal). New paycheck updates coming soon.

Back to bleak news.

Summer is right around the corner and with all that fun comes big price tags. This camp, that camp, vacations, visits, it never ends. The summers are fun but the budget definitely ticks up a bit.

At least Operation Stuff Money into the Stock Portfolio is still chugging along nicely, fairly consistent at $3,000+/month – Dividend Report

June Blues 2019 Net Worth Recap equals total Assets minus total Liabilities.

Total Assets: $2,262,709 – $ 16,331 from last month.

Accounts receivable, This is a floundering business deal from 2014

Boat & Cars, Depreciating assets, but sell-able if need be

Real Estate 2nd home/vacation rental

Primary Residence

Retirement accounts; 2 people, 4 accounts total

Brokerage account; Dividend Portfolio

College Funds; Prepaid tuition and 529 accounts or 2 kids

Bonds; ‘I bonds’ bought through Treasury Direct

Cash & Metals; 4 accounts and a security deposit box

Health Savings Account, Started in 2015

Total Liabilities; $390,795 down – $ 2,274.00 from last month.

Mortgage on House; Bought in 2005 Interest 3.75%

Mortgage 2nd Home; Bought in 2012 Interest 3.5%

Student Loan Paid off!

HELOC; Current APR 3.49%

TOTAL June Blues 2019 NET WORTH RECAP; $1,871,914

Tracking your own net worth is perhaps the second most important thing you can do to improve your financial picture. Budgeting your expenses to see where the money goes is probably still number one.

Budgeting is like paying attention to ball game while tracking net worth is like paying attention to the baseball season.

Months can goes up or down, you need a longer picture to evaluate your progress. You are either bringing in more money than you’re spending or you are losing money each month. Tracking Net Worth is easy, useful, and addictive.

Don’t Forget; “Comparison is the Thief of Joy”

8 thoughts on “Down Month Blues – OthalaFehu’s Net Worth Blog

  1. Can I ask what software you use for the plots and data above? Is this from Personal Capital?

    Thanks!

    • I am a dinosaur. I look up the numbers one by one on the internet, then write out the numbers in a word document, then I plot them into excel chart. Last of a Breed.

  2. Not being from the US, I’m assuming gs is salary grade? If so, congrats on your wife’s salary bump!

    A question on your valuation – are assets in market value or acquisition cost? I only do mine in acquisition cost as it’s too tedious to look up current value and there’s no reliable way to determine market value for real estate here in the Philippines

    You’re doing really great on your net worth and can probably afford to FIRE already.

    • I do not try to keep up with current market value on real estate, I keep the numbers conservative, close to acquisition or market value ‘at the time of acquisition’. Here in the states, we do have good tools available for estimating prices though, sites like zillow.

Let's get things nice and sparkling clear