November has not turned out to be quite as bad a month as I had previously thought it would be.
Our total debt load decreased by 2.74%. This was due largely to that lump sum payment I received from my pension.
I would have liked to see my total assets increase more on a month to month basis, but with the markets as they are I am glad that I am still coming out positive at the end of the month.
I am really pleased with our progress this month, we've had to resist a lot of consumer temptations, and it has paid off. We have also been able to resist temptation of another kind and are staying in the market for the long run. We are remaining positive and believe if we stay on the same path it will pay off in the end.
For a detailed look at the progress we have made, have a look at my net worth IQ profile.
A Young Couples Journey Out Of Debt, And Down A Path To Financial Independence.
Showing posts with label net worth. Show all posts
Showing posts with label net worth. Show all posts
Monday, December 3, 2007
Thursday, November 29, 2007
Net Worth Blues
I have not checked the state of my investments in quite a while. As the markets have been "correcting" over the last month or so I decided it would be better for my mental health not to check the balance. I am starting my investing career as a 'buy and hold' man and realize that this is just one month in many years of investing. This strategy has worked thus far, only now will I be checking my account for my October net worth update and I am wondering how bad the damage will be. I am having a great month in terms of debt repayment, and saving. So if the news is really bad I really can not be too depressed. I am sure I can wait it out, but no one wants bad news especially bad money news.
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