September 2007 Net Worth Review (+1.24%)

September was a good month for the stock market. The S&P 500 index rose +3.58% from 1,473.99 to 1,526.75 — thanks to the boost from Federal Reserve interest rate cut by half a point on the 18th. However, consider that the U.S. Dollar lost about -2.26% against the global currencies [1], most Americans are actually less wealthy than they were a month ago.

After I entered all my information into NetworthIQ, the result was +1.24% net worth improvement. My liquid assets went up by +5.72% from 22.33% to 23.61% of $1 million goal.

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Here are key activities for September:

A couple of concerns:

[1] U.S. Dollar relative value compared to British Pound, Japanese Yen, and the Euro. The calculation was based on data from FXHistory: historical currency exchange rates.

Pinyo
Pinyo is the brain behind Moolanomy personal finance blog and a few other web sites. If you like this article, please subscribe for free daily email updates.

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1 Comments

  1. gravatar
    Bendz
    October 3, 2007, 23:07

    Best of Luck for your financial goal. The details in money lession 2 setting financial goals are useful to me :)

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