January 2016 Net Worth Update

Calculating my Net Worth Update

My Assets

• My Cash Savings Accounts – I only really count my emergency savings since everything else is ear marked to be spent elsewhere.  With the new year underway, I can say that this number is bit under where The Wife and I would like.  We’ll see if I make any intentional effort to get it back to the number we both want.
• My 401(k) – Just keep throwing part of my paycheck at my 401(k) even though I sort of hate my 401k.  I have stopped buying and selling within this account…I just posted my actual returns from this pure market timing technique.
• Wife’s Non-Qualified Account – In this monthly post for the past few years I would lump this in with the random qualified accounts, but this is not how I kept my records.  So I have partitioned it out for future posts, and recaptured some Disney stock which was in a UTMA account for The Wife despite her being 34 years old.  The “recapture” created a noticeable big bump in November of last year.  In addition to her $DIS stock she owns 2 broad based index funds.
• The Wife’s Roth IRA – Last month I finally moved it from T-Rowe to Fildeity.  It basically holds 2 index funds as well as some $GT stock.  I am going to leave the two index funds and possibly trade that last position depending on mood.
• My Dividend Investment Portfolio – Easily my favorite part of my financial empire hut.
• Home Value – A lot of bloggers seem to stress over home value.  In my old place I just rounded to a number that I thought I’d sell for (I was off by less than 1%).  I am just going to keep using my purchase price through 2016 (like I did for 2015).  No real reason to worry about it as I am not going anywhere any time soon.
• My Traditional IRA – I was actively trading this account also, but I made the financial confession that I was speculating in some really shitty stocks.  For the past few months I have been transitioning the holds into long term holds that I felt were undervalued ($HOG, $GT, etc.)
  

My Liabilities

• My Mortgage – Every so often I think about putting money towards the mortgage but I always back off.
• Law School debt – A while back I paid off the much smaller of the loans I have a while before this category makes any significant moves.
• Credit Card debt – All at 0%

My Net Worth Growth

• From December 2015 to January 2016 my net worth decreased -.62%
• For 2015 my net worth increased a measly .80%

I would be lying if I didn’t admit that I wish my net worth wasn’t up more, but considering I am mainly invested in the market and the S&P was more or less flat – so was my net worth.  One way to solve that in 2016 would be to reduce my debt load, but I’ll discuss more when I write up my goals and objectives.

How was your month/year?