Saturday, November 14, 2009

net worth update, Nov 09

It's time to report my bimonthly net worth. I report my net worth on the moneygardener or around the 15th of May, July, September, November, January, and March.

Net worth results for the 2 Months Ended November 15, 2009:
  • Debt/Asset ratio dropped to 0.47 from 0.48 (record low)

This is a measure of our financial health. Total debts divided by total assets. So currently for every $1 of assets that we have, we have $0.47 of debt. Back in May of 2006 our debt/asset ratio was a whopping 0.77. What is your debt/asset ratio?

  • Net Worth gained 3.3% (record high)

Net worth is probably the best barometer of one's financial health. The recent financial crisis caused our net worth to drop by about 14% at one point. Since then our net worth has rebounded 37%. How has your net worth fared in 2009?

  • Total Assets rose 1.3% (record high)
  • Total Liabilities shrunk by 0.9%
  • House Value/Total Assets fell to 62.8% (record low)

I like tracking this because it shows us how diversified we are. Our asset base is made up 62.8% by the value of our humble abode.

  • Non-Registered Portfolio grew 3.4% (record high)
  • Net Worth Calendar Year to Date Gain/Loss: +27%

2009 is shaping up to be a great year for our net worth. The year began amid the credit crisis and our net worth has grown leaps and bounds since then as the market has risen.


Janette said...

Hummm- I think our assets grew by over 20% and our portfolio by 12% (on stock increases and dividends alone). I would like to thank you fro a few of those very good suggestions when we were getting back in this year and last!

MG (moneygardener) said...

Which suggestions were those Janette? If you care to share...