Its time to examine my net worth. I Like to do this Quarterly instead of monthly no specific reason for doing it that way. So i finally transferred my money out of my Morgan Stanley into my Merrill edge account so that is done. The biggest driver will be my stocks defining my Net Worth as i have very little income coming in so there will not be much change in cash at the banks. I try to keep some extra just in case i need to make a purchase.
My net worth has risen 44% since i started tracking it in 2016 since the end of 2018 it is up 9.4 percent. Slow smart investments help out here.
Have you examined your net worth? Has it risen or fallen?
Well we are here three complete quarters and it is time tolook at my net worth. I do it quarterly and not monthly.
As you can see the progression is very nice. I transferred $4,800. from my USAA high yield mutual fund to Merill edge to my navy federal and while it shows on here as still in it is now in my merrill edge account and will reflect next quarterly update. From the start of my tracking my net worth it has increased 39 percent. The QOQ is 2.59 percent.
Hope your net worth went up.
Well it is time to look at my mid year net worth. the hope is that it increases every quarter the reality is that i know some quarters it will go down. So far ive been been blessed and its gone up every quarter. that wont happen every quarter but in those it does well I am thankful for.
I have included the first quarter i tracked it along with the last quarter. Hard to believe it has gone up just shy of 100,000 in just a year and a half.
Because I am going through a brokerage transfer it is split out between share builder and Merrill Edge next quarter those will be combined as my transfer is almost all complete. Later on this year i will transfer in the Morgan Stanley to my account also.
Do you do net worth updates? How has it been doing? Let me know.
As we end one quarter and start another quarter. we look and see how my networth has progressed QOQ.
As you can see from the start to this quarter has been excellant of course that was helped by getting some stocks as gifts this quarter or i would have seen a drop or close to it. totally impressed with this and im hoping my additions to my stock portfolio pay dividends. (See what i did there?).
Till next Quarter hope your networth increases bountifully
Always great to see every Quarter how much ive made or how much of lost. with the recent bull run its been easy to go up the hard part will be if we hit a small downturn to see what happens. I only do this quarterly as i dont make much and i would have minimal jumps month to month with some months maybe dropping if my truck broke down or a major bill came up. December was a great month. went over 100,000 in my stock account but also continued my networth climbing higher.
As you can see this was an exceptional month. Wait till the Dividend report hits. I added a seldom used bank that which pushed me over 300,000 that is a big milestone in and of itself. with bank number 2 added its a 5.75 percent increase, without it would have been 4.08 percent. the next major milestone is 400,000 net worth no telling how soon that will get here.
Any milestones lately?
I track my net worth every Quarter and so far every quarter has been up which is what we want. I am blessed to have it go up so far every quarter if we hit a rough patch that will not be possible. So i will take it for now.
As you can see the growth my YOY is 11.05 percent. My QOQ is 2.64 percent nothing to sneeze at but its a great increase none the less as my dividends keep growing hopefully that will grow a little bit also.
How is your net worth?
As we end Quarter 2 and start quarter 3 i like to compare the quarter by quarter net worths. it helps to see where im at in my goals so far they are looking good. of course there are always hiccups along the way. the market being down could affect it and other stuff but that means my purchasing power of my stocks will get better. Last quarter near the end had a small hiccup. Continue reading “Quarter 2 Net worth”