Similarly to many other bloggers and financial nerds out there, I track and plot my net worth on a regular basis. By 'net worth' I am referring to all of our assets minus all of our liabilities.
Items I do include:
All registered and non registered investments
All real estate, including principle residence
Loans including mortgage's
Cash on hand
Items I don't include:
Assets with a value of less than $5,000
I update the values every second month on the 15th of the month. I have only been doing so since May of 2006.
I'll introduce these posts by recording the following item:
May, 2006 - Debt/Equity ratio (all debts divided by all assets) = 0.77
This is probably the number one value that I strive to move on a regular basis. The lower it goes the better, and the quicker I can move it down the better.
I will be back to this topic on or after May 15, 2007 to update my Debt/Equity for the annual period 2006-2007, and provide growth rates for all my assets and liabilities