October 2007 Net Worth Review (+1.75%)

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Aside from the big dip on October 19th, this was another good month for the stock market. The S&P 500 index rose +1.48% from 1,526.75 to 1,549.38 — again, the Fed cuts rates by another quarter point. After I entered all my information into NetworthIQ, the result was +1.75% net worth improvement. My liquid assets went up by +2.97% from 23.61% to 24.31% of $1 million goal.

October 2007 S&P 500

Here are key financial activities for October:

  • Started a 529 college savings plan for our son, which is paid for by income from this humble blog.
  • Some of our big purchases include:
    • A nightmarish home renovation, which is paid for by my generous parents as a gift for their new grandson,
    • New carpeting for our bedrooms, which leaves us with $3,000 credit card debt (0% for 12 months), and
    • A new digital camcorder to tape the birth and all the wonderful moments that will ensue.
  • My retirement portfolio grew by +3.42%, and I made a small 401k asset allocation adjustment for future contributions. However, I haven’t reallocate the current investment yet.
  • My estimated home value increased by +0.75%. I think this surprised increase was due to the recent sale of my neighbor house.

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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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5 Comments

  1. gravatar
    Money Blue Book
    November 1, 2007, 11:55

    Pinyo, Just a random observation, but you really are the master of the list and the minimalist post. Two eprops for you.

    -Raymond

  2. gravatar
    Pinyo
    November 1, 2007, 12:15

    Raymond, thank you. I am trying to learn how to write better. I know I have poor grammar, so I try to keep it simple.

    I had to look up what eprops is. I guess Xanga is a social media site?

  3. gravatar
    Money Blue Book
    November 1, 2007, 16:48

    Oh haha…yes that’s where I got it from – my old xanga days. It’s not so popular anymore though. Funny, I always thought it was a common internet jargon. Ah well :)

  4. gravatar
    Lynnae @ Being Frugal
    November 1, 2007, 21:27

    Yay! I’m always glad to give you referrals!

  5. gravatar
    Make Friends, Earn Money
    February 7, 2008, 12:59

    Hi Pinyo, having read this post today just wondering when you are publishing you next review? Hope things are continuing on an upward trend despite the fluctuations in the market in the past weeks weeks, keep up the hard work

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