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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 day-to-day and monthly expenses

  • +$389.34 cash is up a bit, but not for long.  Increases in operating cash are almost always attributable to increases in credit card debt

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

  • +$172.83 $150/month automated savings from checking account + bank interest

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

  • +$7,645.76 monthly premium + loan repayment (see ‘Other’ below) + policy growth

Stocks

  • +$1,246.52 market movement

Real Estate Earnings – PeerStreet monthly interest earnings

  • -$0.22 cash reinvested into a new property investment

NON-LIQUID ASSETS

Retirement  – 401(k), IRAs, Pension

  • +$5,138.68  market movement

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

  • -$2,242.12 PeerStreet was a steady ~$200 of monthly earnings from investments that were reinvested.  This was offset by multiple prior months, prepaid future months and interest from a loan made to a friend.  Loan originated from my whole life insurance policy at a simple rate.  Charging my friend a compound rate, more than half of what his credit card was charging him.

LIABILITIES

Credit Cards – two cards (Amex & Visa) with great rewards

  • +$2,901.57 finalized a few trips the wife and I are taking before she starts school

Lease Obligations – Apartment lease, storage unit, gym memberships etc

  • -$4,150.00 contractual monthly costs 

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

  • -$3,125.56 loan decrease due to large loan repayment made (see ‘Other’ Assets above)

2 comments

  1. Congrats on the 2.3% net worth increase in a month. 🙂

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