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View Poll Results: Change in 2009 net worth
Net worth decreaced 5 12.82%
Net worth increased $0 to $5000 6 15.38%
Net worth increased $5000 to $10,000 5 12.82%
Net worth increased $10,000 to $25,000 7 17.95%
Net worth increased $25,000 to $50,000 4 10.26%
Net worth increased more than $50,000 12 30.77%
Voters: 39. You may not vote on this poll

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Old 10-29-2009, 07:01 AM
 
Location: San Diego California
6,797 posts, read 6,664,392 times
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How did your net worth change in 2009? Include increases or decreases in real estate values, stock portfolios, annuities, and contributions or withdrawals to 401K, Pensions, Savings, and similar investments.
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Old 10-29-2009, 06:16 PM
 
69,360 posts, read 58,797,772 times
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Given the wide varity of incomes reading these threads, the questionaire really should have been an increase/decrease percentages.

If one makes $5,000,000 a year, a $50,000 increase in their networth would be a terrible net worth increase.
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Old 10-30-2009, 07:28 AM
 
Location: San Diego California
6,797 posts, read 6,664,392 times
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Quote:
Originally Posted by pghquest View Post
Given the wide varity of incomes reading these threads, the questionaire really should have been an increase/decrease percentages.

If one makes $5,000,000 a year, a $50,000 increase in their networth would be a terrible net worth increase.
Actually the question is not as important as the response to it. People are reluctant to admit failure, and so I would expect this poll to be shunned by the majority who just do not want to face the question. Had I posted this same poll in 2005 I would have expected strong response because people enjoy bragging about their success. Of the 50+ people who have read it, less than 10 at this point have chosen to participate, that speaks volumes.
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Old 10-30-2009, 09:07 AM
 
Location: WA
5,545 posts, read 22,739,346 times
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2009 is just ten months old and a pretty short history to be staking much on... I am positive 2009 YTD but so far down from 2007 it hurts. Real estate and market loses have me down from four years ago so eventually a dead cat bounce makes recent numbers look better.
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Old 10-30-2009, 10:40 AM
 
Location: Windsor, Vero Beach, FL
897 posts, read 2,657,991 times
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Decreased by small amount. Don't consider it a failure by any means, just the way things played out. I think the participation factor is interesting, I have always thought a lot of posters on this forum really have never had "a dog in the fight". JMO
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Old 10-30-2009, 01:48 PM
 
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Up about 15%
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Old 10-30-2009, 04:10 PM
 
Location: Warwick, RI
3,754 posts, read 4,597,785 times
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Definetley up. I doubled my 401K contribution at the beginning of the year, and threw a bunch of money into stocks at the bottom in March, April and May and did quite well. It pays to buy low.
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Old 10-30-2009, 04:20 PM
 
Location: Oak Point, TX
7,619 posts, read 12,600,009 times
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Up a decent amount - I parked my 401k for all of 2008, then jumped back in the first of the year. Before you anoint me a genius, I let my brokerage account ride and lost a bundle.
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Old 10-31-2009, 12:37 AM
 
3,442 posts, read 4,400,219 times
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I agree that a percentage increase/decrease would have made more sense. How could anyone not have seen an increase in 2009 with the stock market making such a strong comeback since the February lows? What did you guys do, pull your money out at the bottom??
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Old 10-31-2009, 12:41 AM
 
3,442 posts, read 4,400,219 times
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Quote:
Originally Posted by GeminiGal View Post
Decreased by small amount. Don't consider it a failure by any means, just the way things played out. I think the participation factor is interesting, I have always thought a lot of posters on this forum really have never had "a dog in the fight". JMO
Agreed. A lot of play play portfolio stars out there maybe, but some of us have a LOT of dogs in the fight.

Just curious: what did you do in February and March, when the market was hitting its lows??

Hindsight is 20/20, but we were ALL in the same position, sitting on potential losses. The year 2009 has been very good to me because I added new positions when prices were low. I hope that we go down again; I have money saved up for another bout of buying.
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