Friday, June 13, 2008

Monthly Networth Update (May 2008)

Since this is the first update I am making to the blog on my networth, I thought I would share with you the networth as it stands today and the progress made since the beginning of the year. Couple of things that I would improve on my tracking in near future:
  1. Account for tax liability I would incur at the sale of my investment assets - real estate and stocks.
  2. Seperate the brokerage out into actual stocks held and money held for investments. There is a small portion of my cash in the brokerage account that is held in money market accounts for future investments. In my current tracking I have lumped them together.

So far this year, the increase in my networth has predominantly come from savings. The stock market has been sideways and has not generated much returns. However, given my value orientation to investing my stock portfolio has not declined much compared to the broader market. Stock portfolio details to come soon.

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