March 2007 Net Worth Update (+1.57%)

It’s time again for a monthly net worth update – The March 2007 edition. Not many changes this month, just a slight increase in net worth due to savings.

The market drop during the end of February reduced my portfolio by about 3%, but it has since regained most of it’s losses.

Assets

Cash: $4,500

Savings: $27,960

Registered Investment Accounts: $41,645

Pension: $16,600

Non-Registered Investment Account: $45,900

Real Estate: $ 264,500 (2 properties)

Vehicles: $17,525 (2 vehicles)

Total Assets: ~$418,630

Liabilities

Mortgage Debt (from 2 properties): $175,500

Other Liabilities: $8,000

Total Liabilities: $183,800

Total Net Worth: ~$235,130

Last month, I reported a net worth of $231,500, so this months $235,130 represents an increase of 1.57% month over month and 4.97% year to date.

That’s all for now folks, happy investing and have a great weekend!

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FT

FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.
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Blain Reinkensmeyer
14 years ago

Congrats Frugal! Your success can be motivating, keep the drive coming our way!

Church of Jacin
14 years ago

Hello! I’m sure you are familiar with John Chow and Alex Shalman’s free link-back schemes. I’ve combined their ideas into one that will boost your blog ranking as well as give you a chance at winning $50. Go to my blog, churchofjacin.com, and read all about it!

Nicolas Roy
14 years ago

Hello FT.

For your next purchase, will you use one of you properties as a collateral or you will rely entirely on cash?

Kevin Beitel
14 years ago

Wow, nice…

Have you ever tried using Intuit’s Quicken XG 2007 to track your Net Worth?

Kevin

David
14 years ago

FT:
It would be interesting to see a spreadsheet or graph of the changes in your balance sheet over time.
I’m also curious as to how you’re holding your savings — High interest savings account, money market funds, or other instrumnets?

David

Kevin Beitel
14 years ago

Quick question…

Do you own your two Real Estate properties free & clear? Under your liabilities you list only a mortgage of $175,500 and other liabilities of $8,000… for a total of $183,500. It is excellent that you have $264,000 in real estate assets, but don’t you have mortgages on those properties? The mortgages on those properties are liabilities and should go against your net worth. Regardless, I have to give you credit for your accomplishments.

Just curious…
Kevin