Net worth reaches another high of $915k. Buzz of an impending recession is everywhere but we still plow into our tax advantaged and taxable accounts. We are also hoarding some cash. The recession will come but we don’t, and neither does anyone else, know when. And it will pass too.
There were a major expense of $2,706 this month, where we booked a vacation with a credit card and then promptly paid it off.
Things to keep in mind when looking at these numbers:
- These numbers are snapshots in time, most likely the last day of the month
- Since I copy/paste the numbers from the online accounts, the decimals remain but they are insignificant (obviously, duh!). Neither are the ones and tens digits of each account balance. What is important is the trend.
If you’re reading this for the first time, welcome! If you’re thinking if now is the “right time” to invest in the market ….well, everyday is the right time to invest, if you’re in it for the long haul. Remember the adage, “time in the market is more important than timing the market“