
March was another down month, but the second half certainly showed some promise for the stock market. For the month of March, the S&P 500 index dropped -0.60% from 1330.63 to 1322.70. According to NetworthIQ, my net worth actually went up +0.94% but net investable assets went down -1.01%, or from 22.32% to 22.09% of $1 million goal.
As I’ve mentioned a few days ago, I may have to reevaluate my plan to reach the $1 million mark by 2017. Specifically, I may have to increase my yearly savings rate to make up for the weaknesses in the economy and the stock market.
As always, I owe the success of this blog to the support from my readers and fellow bloggers. So a big THANK YOU to all! If you missed it, I am giving away $100 worth of prizes to my readers and fellow bloggers (no, it wasn’t an April Fools’ joke)
I am very happy with March performance:
My second quarter goal is to grow these numbers by 10% each month. Wish me luck!
Although I wish I could list everyone that sent visitors, it would be an impossibly long list. I do appreciate everyone’s help, regardless of how big or small. Here are the top 10 referrers:
And close runner-ups include Quest For Four Pillars and The Dough Roller.
Again, thank you to my readers and fellow bloggers for your support.

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| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.75% |
| High Yield Checking Accounts | 1.46% |
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| 0% APR Balance Transfer | 6 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |
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Good luck with your 2nd quarter goals! I hope to win your contest
If the goal is 1M by 2017, you could probably ride out the current bear market without changing your saving habits, and then enjoy the bull market that would likely follow. Of course, it is always a good idea to save more if you can, but I think that even if you can’t, there *will* be a bull market that would compensate for the current slowdown and help you catch up.
You are very welcome! Keep up the good work!
Is the Prosper growth from interest?
What exactly is net investable assets? I am surprised yours went down. Mine went up slightly but not by much, mostly because of my small cap fund’s exposure to gold.
Well done! I am still wary of Prosper, though I do have an account. Having a net worth go down 1% isn’t bad at all, considering how crazy the market’s been
@Bunny — Good luck
@Vered — That’s my hope too that the market will make up for itself. But it doesn’t hurt to take some action — assuming I can afford it. I just got my raise, but it’s already less than the increase in my gas and electric bills
@Mark — No, most of the growth in P2P lending was due to new money I added. Year to date, I earned 4.15% from Prosper and 0.46% from LendingClub (the big difference is dues to when I added new money).
I checked more carefully, and I can attribute the decline to the property tax payment of $700+ and addition of $1800 in debt I didn’t previously accounted for.
@Shanti — It’s not for everyone.
Runner up! Woohoo!
Mike
Like Vered, I also think you’re going to eventually benefit from an ‘up’ market when the recession retreats. However, I think it’s a smart move to increase your savings anyway—-regardless of lower interest rates. It looks like you’re doing well with peer-to-peer lending, and increasing your savings now could allow you to develop this income source even more in the future.
I’m nowhere near ready to start increasing my investments (still in debt repayment mode), but am reading your blog with interest so I’m ready when the time comes!