2011 Net Worth Review
Its been a awhile since I posted an updated chart of our net worth growth. Here a net worth growth update including all of 2011:
Progress continues to be made, but the better part of 2011 appears to be a wash. Perhaps an important observation is net worth growth is looking a lot more linear compared to the exponential net worth growth we’ve aimed for. Key drivers of our net worth change in 2011 include:
- Acquisition of our 3rd rental property.
- Significant declines in international stock values. We have a significant portion (25-35%) of our overall investments in international stocks.
- Flat returns in domestic stocks which includes the largest portion of our investment holdings.
- Selling our remaining employer stock options during the year.
Some financial stats for 2011:
- We maxed out my 2011 401k contribution @ $16,500.
- We nearly maxed out my wife and I’s Roth IRA contributions @$9,600 for 2011. We’ll get the remainder in the next couple months.
- My 401k return was -5.8% for 2011.
- Our overall taxable investment holdings and IRAs return was -0.45%.
- We paid $19,939 in principal on our rental mortgages (between regular mortgage payments and additional principal contributions) not including the $40k down payment on our 3rd rental property. This has been part of our focus to paydown debt to improve free cash flow.
- We recognized our largest single monthly net worth gain ever in October of 2011.
Similar Posts:
- October 2011 Personal Net Worth
- Five Mortgage Expenses You should Expect.
- How to Get Out of Trouble in the Real Estate Market
- A Safe Haven for Real Estate Investors-Canada
- Why you might want to save Form 5498 coming your way this month
Leave a Reply