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Net Worth

Net Worth Dec’17

SUMMARY: Despite having my wife’s tuition to pay and living off of one income in NYC, 2017 was a very prosperous year.  All but one month was incrementally positive.  I attribute the gains to 1) disciplined saving, 2) disciplined investing and 3) the strength of the market.  2018 is going to …

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Net Worth Nov’17

SUMMARY: Another great month of disciplined saving, investing and debt reduction.  However, the true hero was one that is completely out of my control – the market.  The forecast for calendar year 2018 will be a bit volatile, but always planned and controlled. LIQUID ASSETS Checking – cash purposed for managing …

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Net Worth Oct ’17

SUMMARY: Market movements drove this month’s NW increase as well as focusing on paying off 50% of my credit card balance.  Otherwise, it was a typical month of consistent savings and debt reduction. LIQUID ASSETS Checking – cash purposed for managing day-to-day and monthly expenses +$240.88 paid off 50% of the credit …

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Net Worth Sep ’17

SUMMARY: A slow and steady month, just how I like them.  Main drivers were the month-end uptick in the markets and the life insurance cash value continues to build as expected.  Decrease in operating cash and an increase in credit card debt isn’t a recipe for success by any means and …

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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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