Tuesday, August 16, 2011

Net Worth Update - August 2011

Here is a look at my net worth this month:

Approximate value of house*: $182,000 (Down 1,600)
Roth IRA: $19,295 (Down $815, but invested $1,600 since last month, so more like down $2,415)
Simple IRA: $4,759 (June 30 statement - it's probably a lot lower now...)
Savings: $6,078 (not including money set aside for property taxes)

Mortgage: $183,482

Total net worth: $28,650
Difference from last month: -$2,123

*Value from Zillow.com so probably not 100% accurate.

So as expected, the stock market hurt my net worth this month. Hopefully it will bounce back next month (after I make my investments of course!).  I don't want to dwell on all the money lost and the fact that our house value is at an all-time low, so I guess I'll just post this and hope for better numbers next month.

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