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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 payback

Savings – cash purposed for the next 3-5 years (wife’s tuition, house down payment, emergency etc)

  • +$14,150.00 net result of year-end bonus paid on 31-Jan less Mrs. Church’s tuition payment

Life Insurance – cash value of policies purposed for strategic investment opportunities 

  • +$905.46 increase in cash (surrender) value from monthly premiums, dividend interest and loan repayments

Stocks

  • +$233.95 market movement

Real Estate Earnings – PeerStreet monthly interest earnings

  • +$92.08 an increase greater than a normal month due to late interest payments from December 2016 being paid in January 2017

NON-LIQUID ASSETS

Retirement  – 401(k), IRAs, Pension

  • +$37,388.73 increase due to maxing out my 401(k) contributions from my year-end bonus + company match (dollar-for-dollar) + market movements

Other – represents my cost basis in illiquid investments such as PeerStreet principal investment, Mrs. Church’s wedding rings, apartment security deposit, and an outstanding loan receivable

  • -$500.00 monthly payment received (offset is a +$500 in cash)

LIABILITIES

Credit Cards – two cards with great rewards

  • +$1,893.13 increase from honeymoon (Dec’16) expenses

Other – life insurance policy loans used to fund strategic investment opportunities

  • -$332.78 loan reduction payment

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