April 2018

Last month we had our biggest *loss*, month over month, of net worth: over $10k.

And I love it!

This gives us a chance to show that it’s not all rainbows and unicorns out here. Though the general trend of the net worth is upward in the long term, in the short term there are hiccups. Things have been so hunky dory over the past year and half (the time this blog has been alive) that it is easy to miss the short term volatility that the markets are known for.

Jan-2018
Feb-2018
Mar-2018
Apr-2018
Assets
Retirement
477,705.20
468,813.18
495,327.97
480,819.34
529college
19,853.29
19,096.68
20,315.59
19,660.51
Bank Accounts
41,349.08
51,254.82
54,584.54
55,316.67
Investments
19,844.21
19,575.18
21,422.73
21,583.46
Bonds
12,371.98
12,584.32
12,607.70
12,609.56
House
300,000.00
300,000.00
300,000.00
300,000.00
Total Assets
871,123.76
871,324.18
904,258.53
889,989.54
Liabilities
264,002.67
260,845.04
257,299.46
253,842.05
Net Worth
607,121.09
610,479.14
646,959.07
636,147.49
Change MoM
23,077.28
3,358.05
36,479.93
-10,811.58

 

Our retirement accounts, comprising of a vast majority of our assets, took a $15k plunge, even though we plowed in over $2.5k in April (as we do every month). That how the markets works. Some days, some weeks, some months, and even some years, are worse than others. We just have to ride out the rough while making hay while the sun shines (double metaphor in a single sentence, anyone?)

We also shaved around $3.5k from our liabilities. That’s something that can go unnoticed. Growing Net Worth is equally important by saving and investing as well as chipping away at those pesky debt obligations.

Consolidating the student loans with Earnest helped as the monthly $1.5k that I put towards that loan resulted in only $17.15 being paid towards interest, whereas the same amount when applied to the Navient and Discover loans had resulted in $93.16 in interest payment in March.

2 thoughts on “April 2018

  1. That's an excellent question, Ms. ZiYou! Combining both of ours 401(k)s, Roth IRAs, and regular taxable brokerage account there are approximately 7 Vanguard Institutional funds, 8 Vanguard ETFs, 3 other non-Vanguard funds. Since we collect the data on one day, it is just a snapshot of that day's value.

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