Money360*

A look at MONEY from all angles.

27 July, 2006

Networth Statement June 06 (My First)

This will be my first Networth post. When I look back, it will give me an idea of where I was when I started blogging.

Networth Statement June 06
--------------------------
Assets
------
401k $ 30533.19
Roth IRA $ 9080.15
Brokerage $ 12618.35
Checking $ 8440.46
Savings $ 35916.54
CDs $ 5179.39
-----------
Total Assets $ 101768.08


Liabilities
-----------

Credit Card 1 $ 516.67
Credit Card 2 $ 397.37
-----------
Total Liabilities $ 914.04


Networth May 06 $ 95081.59

Networth June 06 $ 100854.04 +6.07%

I will explain a few things about my Savings and CDs. I have Savings accounts at HSBC and ING. A majority of it is at HSBC since they are offering a higher rate (5.05% vs 4.35%). I opened the CD 12 months ago when I thought 4.00% was a good rate. It matures this Aug and I will just move that money over to HSBC.

Overall, this month's performance was a good one with the market rebounding a little after its May downtrend. Lets hope it recovers all its ground and more. I cant believe I broke the six figure mark! A big milestone as I am likely to stay in six figures for a while :-)

3 Comments:

  • At 6:43 PM, Blogger Daniel said…

    Hey, just wanted to let you know that I left a response to your comment over on my site. Thanks for the feedback!

     
  • At 7:57 PM, Anonymous Anonymous said…

    I like it! Good job. Go on.
    »

     
  • At 12:18 PM, Anonymous Ken said…

    That's great. 24 and a networth of over $100k. Congrats!

    I noticed that you don't have any investments outside of stocks/funds and CDs.

     

Post a Comment

<< Home