November 2017 Net Worth Update

During the month of October, our net worth increased by $21,091.16 to a new net worth of $379,457.  About $4k of that was from an increase in the value of our investments.  Our investments just hit the $100,000 mark!  That is a big day for us, considering our investments were half that value a year ago.  This means that we need to finally start paying some real attention to where our investments are placed.

Here is the breakdown of our investments, as they stand today:

When looking at the above breakdown, the first obvious thing is that I need to roll over my 401k from my previous employer.  Why haven’t I done that yet?  My only excuse is that I have been focused on other parts of my finances.  But even without me doing anything special with it, my previous 401k has grown from 33k to 40k in the last year, an increase of 20%.  The worst part about the above investments is that the Roth IRAs are not invested in anything.  With all this in mind, my plan of action is:

  • Invest the Roth IRAs into SOMETHING, ANYTHING.  I’ll do another post about how I decide what to invest in.
  • Roll over the 401k and 403b from my previous employers
  • Begin to analyze the performance and placement of my other investments

With out further adieu, here is my detailed Net Worth update for the month of October:

2017-10-01 2017-11-01 $ Increase % Change
Assets
Cash $34,108.14 $35,271.25 $1,163.11 3.41%
Investments $96,835.90 $100,703.30 $3,867.40 3.99%
Primary Property $473,766.00 $489,286.00 $15,520.00 3.28%
Investment Property $0.00 $0.00 $0.00 0.00%
Cars $11,617.00 $11,617.00 $0.00 0.00%
Total $616,327.04 $636,877.55 $20,550.51 3.33%
Liabilities
Primary Mortgage $257,960.78 $257,420.13 -$540.65 -0.21%
Investment Mortgage $0.00 $0.00 $0.00 0.00%
Credit $0.00 $0.00 $0.00 0.00%
Total $257,960.78 $257,420.13 -$540.65 -0.21%
Net Worth $358,366.26 $379,457.42 $21,091.16 5.89%
Debt Ratio 0.42 0.40 -0.01 -3.43%