November 2017 Net Worth Update (+$31,585)




Highlights for November

  • November was another good month with our net worth still growing at a healthy clip.
  • Ive decided to go ahead and payoff our equity line on House #1 as I received a letter reminding me it matures in July. I sent a check n for $10k USD to pay it down and plan to get it paid off in the next 1-2 months.
  • Otherwise November was a quiet month on the financial front.


October 2017 Net Worth Update (+$14,082)




Highlights for October

  • October still had healthy gains after a significant bump in September.
  • We spent the first part of October on a Disney family vacation. I had a lot of heartburn about the expense of this trip for several months, but I came back convinced it was the right decision for our family. It was a magical (and exhausting) time for the whole group. In the end our entire trip cost us under $4,000 USD for our family of four for 6 nights/6 days in parks.
  • I also had another 2 week international business trip in October. I foresee work travel slowing down soon (I hope).
  • My wife and I celebrated our 10 year anniversary in late October! Hard to believe how fast time flies. I did buy my wife a gemstone necklace to mark the occasion and we celebrated with a nice kid-free dinner out.


September 2017 Net Worth Update (+$40,835)




Highlights for September

  • September was a fantastic month with a huge gain on paper, our net worth is up $40k. Feels good to see such growth, but it does remind me of one thing my grandfather would remind me of growing up about the stock market - "The higher it goes, the lower it falls".
  • We have booked a Disney vacation for the beginning of October, our expenses are up as we prepaid for some vacation expenses by buying discounted gift cards. I'll post more about our trip later.
  • In early September I threw my wife a surprise birthday party. It was a ton more prep work than I anticipated and it was more expensive than I originally planned, partially because I waited to the last minute for with a lot of the planning. I learned my lesson and doubt I will try that again ;-).
  • Otherwise September was a pretty quiet month for us. I didn't do any business travel in September which was a nice break and good for the wallet.

  • August 2017 Net Worth Update (+$3,767)




    Highlights for August

    • August was a pretty muted month for us in terms of net worth change. We still ended up slightly positive.

    • I have bumped up my short term bond allocation in my 401k. I can't find any investment that Im excited about so parking more dollars in closer to cash equivalents.
    • We track our real estate holdings based on their cost basis. I believe this is a conservative approach to measure net worth given the illiquidity of real estate in general. For example Zillow estimates our current real estate values are $220k+ higher than what we track them at here.
    • Im still waiting for agreement on the car accident claim from the other parties' insurance company for our accident at the end of June.
    • I wrapped up a 3-week business trip to China in the 1H of August. I expect this is the last business trip for me for at least the next couple months.


    July 2017 Net Worth Update (+$25,312)




    Highlights for July

    • Another great month in the books for 2017. If this was a typical net worth month for us we'd be financially free in < 2 years. Wishful thinking; we are in a marathon, but we'll take months like these when we can get them.

    • I've ramped up post-tax contributions to my 401k plan. I intend to try out a new conversion feature in my 401k plan that will let me convert these to Roth IRA contributions at some point soon.
      This would effectively allow me to contribute at much higher levels to my Roth IRA than the current $5,500 contribution limit.
    • We completed our 2 week+ family road trip to Canada, 2,987 miles. Major stops included: Lancaster, PA; Niagra Falls, Toronto, ON; Montreal, ON; Quebec City; Bar Harbor, Maine; and New York City. It was alot of fun with a ton of great memories. It would be great to spend more time and do it slower once we are financiall free! I also mentioned last month that we got into a minor car accident on day 3, we are finally in the process of filing the claim with the insurance.
    • I am in the middle of a 3-week business trip to China for the last part of July and into August.


    Last 15 Personal Finance Entries


    07/21/2017 | June 2017 Net Worth Update (+$26,879)
    07/21/2017 | May 2017 Net Worth Update(+$12,231)
    07/21/2017 | April 2017 Net Worth Update (+$8,354)
    07/21/2017 | March 2017 Net Worth Update (+$9,582)
    03/08/2017 | February 2017 Net Worth Update (+$32,457)
    02/24/2017 | 2016 Passive Income: Dividends
    02/20/2017 | January 2017 Net Worth Update (+$12,144)
    02/04/2017 | December 2016 Net Worth Update (+$19,452)
    10/03/2016 | August 2016 Net Worth Update (+$27,077)
    10/03/2016 | July 2016 Net Worth Update (+$33,703)
    07/10/2016 | June 2016 Net Worth update (+7,831)
    07/10/2016 | May 2016 Net Worth Update (+$12,330)
    06/08/2016 | April 2016 Net Worth (+$19,978)
    05/08/2016 | March 2016 Net Worth (+$62,928)
    05/08/2016 | February 2016 Net Worth (+$21,570)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,701,144

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