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Investments were pretty flat so IRA was only up 0.3% but I maxed out my 401K at work and also managed to put a fair amount of cash aside. Planning of retirement in June but if the market tanks I may hang around and stuff some more cash in savings first
up by 15%, but my retirement account balance has stayed the same in terms of $$ value... not great. Increase is partly due to paying down a car note. Haven't really been keeping track of spending, so need to get back to budgeting.
I just realized...15% aren't gains on investments (I wish)... just the increase in net worth.
it was a bad year. investments didn't do anything and I fell into debt. my net worth went down, but I don't have a specific percentage. I didn't have much to start with either, really discouraging and I feel like giving up but I know I wont. part of it was my fault but most of it wasn't. I shouldn't have financed a car, but I panicked and needed transportation to work after a car accident.
I just need to dust myself off, cut way back on spending, and get back into the game. its going to be a boring year. no vacations, and forget about going out more than once every five months.
it was a bad year. investments didn't do anything and I fell into debt. my net worth went down, but I don't have a specific percentage. I didn't have much to start with either, really discouraging and I feel like giving up but I know I wont. part of it was my fault but most of it wasn't. I shouldn't have financed a car, but I panicked and needed transportation to work after a car accident.
I just need to dust myself off, cut way back on spending, and get back into the game. its going to be a boring year. no vacations, and forget about going out more than once every five months.
I went up about 30-35 percent, a pretty large increase for me, for a few big reasons.
I sold the home I had been renting out in Houston for about five years, and made a decent profit (net worth would have increased even more if not for some pre-sale repairs I had to make). In September, I moved into a new place with my girlfriend and we are splitting rent, utilities and internet.
Monthly bills are my only debt, and I have increased my contributions into my 401K and Roth IRA.
I went up about 30-35 percent, a pretty large increase for me, for a few big reasons.
I sold the home I had been renting out in Houston for about five years, and made a decent profit (net worth would have increased even more if not for some pre-sale repairs I had to make). In September, I moved into a new place with my girlfriend and we are splitting rent, utilities and internet.
Monthly bills are my only debt, and I have increased my contributions into my 401K and Roth IRA.
Did you just not have a good gauge on your equity in your rental? A sell of real estate alone shouldn't impact net worth much really as the asset/liability should have been accounted for prior to a sale
Flattish. We saved a lot (100K+) and earned meager returns on our investments (10K), which was fully offset by family gifts (-35K), a new car (-25K), and a reality check on an oversea property (-50K).
Location: Chapel Hill, NC, formerly NoVA and Phila
9,779 posts, read 15,797,090 times
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Of course any gains I made in 2015 just went down the tubes today in the stock market.
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