Net Worth Update July 16, 2008 [$102,416.87(-9.57%)
Welp, the landscaping and deck building this past week dug deep into the e-fund and overall numbers so they’re not really as bad as they show up because they should both pay off more than the 8k-ish spent on them.
Be sure to enter Hanks Holiday Handouts #3 before Aug 6 to win your share of $300!
The deck was actually the Trex decking that doesn’t mold, need to be re-stained, no maintenance. I think it was (and will be) very worth it in the long run.
The rest of the portfolio dove pretty hard along with the rest of the country. I am still sticking in 15% on my 401k and am at $2600 into my ROTH for the year, so I’m still trucking along there.
Although it is disappointing to see cash leaving my account, the positive is that I’m getting good funds at cheaper prices by using the dollar cost averaging. I wrote about a similar post last week when Lazlo asked if he should keep his $ out of the stock market because it was doing poorly.
As you can see, I am taking my own advice (go figure) and not going anywhere. I don’t plan to go “anywhere” for another 30 or 40 years, so I’m going to see bumps like this; no worries though.
Filed Under: 401K • Budgeting • Compensation • Credit • Credit Cards • Debt • Emergency fund • financial education • Frugal • House • Investing • Mutual Funds • Net Worth • Passive Income • Portfolio • Real Estate • Retirement • ROTH IRA • Timeshare • Traditional IRA

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