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Net Worth

Net Worth Aug ’17

SUMMARY: A slight modification in my New Worth schedule that resulted in a restatement for July, for comparability purposes.  I added a “Lease Obligation” line in the liabilities section for my apartment, storage unit, and gym memberships for my wife and I.  These are expenses I am contractually bound to …

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Net Worth July ’17

SUMMARY: A big jump this month due to a milestone bonus for meeting certain targets at work and annual growth increases for two life insurance policies –  July anniversary month. I use life insurance cash value as my bank to fund various obligations or investments because of the interest rates …

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The Power of Information: Rockstar Finance Directory Mined

We’ve seen some extremely rare and amazing events these past 10 years.  In 2008, the United States elected Barack Obama as the very first African American president.  In 2014, the world witnessed Kim Kardashian break the internet with a fragile champagne glass.  And in 2017, Rockstar Finance launched the very …

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Net Worth June ’17

SUMMARY: A bit of a low key month in terms of gains, but you won’t hear me ever complain about being in the black.  This month’s increase of ~$2.5k is primarily driven by the stable cash value growth in my life insurance policies with help from debt reductions on my credit …

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Net Worth(less), More Than You Know

Ok, Mike Meyers (Wayne) and Dana Carvey (Garth) may be wealthy, but your Net Worth is not the amount you believe it to be…and here is my little story behind that statement. I got a call the other day from an old colleague I used to work with. He project-managed …

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Net Worth May ’17

Summary: After decreasing $80k last month, picking up $12k (or 2%) is a dream come true.  As mentioned in the April ’17 update, this was a well calculated move in my portfolio and took me 15 years to get to this point (started at 22 yrs old).  The next 3+ …

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Net Worth Apr ’17

I know what most of you are thinking, how could you lose $80k of net worth in a single month without a significant market crash or correction?  This my all apart of financial strategy for a tax-free retirement.  Stay tuned for the revealing post.   LIQUID ASSETS Checking – cash …

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Net Worth Mar ’17

LIQUID ASSETS Checking – cash purposed for managing day-to-day and monthly expenses -$4,543.20 transferred a nice chunk to my savings account where I get 0.5% interest + debt payments Savings – cash purposed for the next 3-5 years (wife’s tuition, house down payment, emergency etc) +$2,668.27 automated savings of $150 + additional …

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Net Worth Feb ’17

  LIQUID ASSETS Checking – cash purposed for managing day-to-day and monthly expenses +$762.40 variable expenses were less in Feb than Jan Savings – cash purposed for the next 3-5 years (wife’s tuition, house down payment, emergency etc) +$674.05 automated savings of $150 + additional savings Life Insurance – cash value of …

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Net Worth Jan ’17

My first Net Worth update for this blog.  Trust me, each month will not be this great.  Just really good timing… LIQUID ASSETS Checking – cash purposed for managing day-to-day and monthly expenses +$2,639.17 residual from year-end bonus kept in checking to pay for credit card expenses + loan receivable …

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