Ah, a real beauty of a month! Months such as this one show that the going is not always smooth. We’ve been in the midst of such a bull market that dips (not even correction) are sort of necessary to show people who joined the party in 2009 or later that the markets can fluctuate quite a bit in the short term.
We lost a tad over $14k in net worth last month. Because our retirement accounts are by far the largest asset bucket it’s no surprise these are the accounts that took the largest hit. Taxable investment accounts and 529 account are down as well. Cash reserves grew. We put in about $3k into our debt obligations.
All will be well. We’re still pumping in the same rate into our retirement and taxable accounts.
Surprisingly, the major expense of last month was ….clothes and shoes, $570 worth of them! Astounding – I know. A pair of real nice work shoes, a belt, a sport coat, a winter coat, and alterations. All of these should last for years to come.