Friday, September 15, 2017

September 2017 Net Worth


All figures are generated from Mint.com. Another really solid $9k gain. I'm getting really close to reaching escape velocity. The only account that continues to go down is my house. The value fell from $129,000 to $128,000. The three month home value has now fallen about $9,000 from $136,000 to $129,000. 

Hurricane Harvey kicked the shit out of us down here in Houston last month, but fortunately I live north of the city and was spared any flood damage. My business was closed for 5 days however, so it is tough sledding for a lot of my coworkers. Some lost everything while most knew someone who was affected by the record flooding.

Since my company sells products that were wiped out during the floods, business is at record levels this month and the boom should continue to throughout the remainder of 2017. That's some welcome news!

Also since my combined checking, savings, and Lending Club accounts surpassed $400k this month, I will start investing in dividend stocks again very soon. $400k in cash is the number that renders me FI. :)


Assets

Checking --- $18,063
Savings --- $373,455
Lending Club --- $8,728
HSA --- $2,728
Brokerage --- $0
IRA --- $9,382
401K --- $328,434
House --- $128,584

Liabilities

$0

Net Worth

$869,374


YTD Totals

May 2017 --- $835,009
July 2017 --- $851,904 

Aug 2017 --- $860,072
Sept 2017 --- $869,374

There is no down time when building a path that doesn't lead back to ZERO!

14 comments:

  1. MDP -

    Glad you were okay. Excited to see you hop back in the saddle and make some moves.

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Yeah. Now that I am essentially FI, I'll start investing knowing that I have a safety net and won't have to work as a Walmart greeter lmao

      MDP

      Delete
  2. Congratulations on a good month MDP - hope the rest of your community gets back on it's feet quickly. The weather across the US, at least as reported in Oz has seemed pretty chaotic of late.

    ReplyDelete
    Replies
    1. wft,

      These hurricanes were catastrophic in many ways. I feel for those who lost everything. Many don't have flood insurance and it will take years to recover.

      MDP

      Delete
  3. Glad to hear that your house was spared.

    Any reason for having so much cash instead of average into the dividend paying stocks you mentioned.

    Congratulations on the progress.

    ReplyDelete
    Replies
    1. Spock,

      Thanks. I have been fully invested at times. Right now my job situation is kind of shaky, so I would hate to blow FI on a low probability market crash. Risk reward I guess. I will be investing new capital heavily though.

      MDP

      Delete
    2. Best wishes on the job front.

      Good that you are not in Canada. The current Government is very much against pipelines (oil or dividend foes not matter)
      :-(

      Delete
  4. Glad to hear that you are safe MDP. This community is not the same without your regular updates and intensity. Maybe, we can get you and Hustler back at the same time!!!

    ReplyDelete
    Replies
    1. Anonymous,

      I would love to see Hustler again!

      MDP

      Delete
  5. Glad to see everything worked out with your job and you were ok during Harvey. Nice net worth.Why would you keep 400K in cash? while in case of emergency you can always sell some stocks and have money available quickly?

    ReplyDelete
  6. Any reason for having so much cash instead of average into the dividend paying stocks you mentioned.


    เกย์ไทย

    ReplyDelete
  7. Thank you for sharing valuable information nice post,I enjoyed reading this post.

    หนังตลก

    ReplyDelete