Tuesday, July 14, 2009

net worth update, july 2009

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 July 14, 2009:
  • Debt/Asset ratio dropped to 0.50 from 0.51 (back to $1.00 for every $0.50 of debt - a record low)
  • Net Worth gained 1.7% (to a record high)
  • Total Assets rose 0.6% (to a record high)
  • Total Liabilities shrunk by 0.4%
  • House Value/Total Assets fell to 66.0% (a record low)
  • Non-Registered Portfolio grew 7.4%
  • Net Worth Calendar Year to Date Gain/Loss: +12.5%

Steady as she goes, as our net worth continues to grow to record highs. The S&P 500 index was up about 2.5% during the period and our net worth grew by 1.7%. Our savings rate has slowed lately as we had some lingering planned household expenses. I expect our savings rate to pick up over the next few months and the money will go toward debt reduction unless I see an irresistibly priced stock to add to. It is very encouraging to see our debt/asset ratio back down to meet the record low we achieved back in September of 2008.


Sampson said...

Its amazing how a few great months can really inject some huge growth in the Networth.

Its crazy sometimes thinking back to the mentality (even my own) back in March. all this money to deploy, but frozen by fear.

MG (moneygardener) said...

I keep coming back to how important investor psychology is. Staying in the game is key to succeeding long term in my opinion. The wind is always at your back in the long term as long as you can stand up to the storms.

RB said...

After last week's 8% move back up in the stock market, I sold 50% of the stocks in my portfolio. I'm afraid of a double dip in the 2nd half due to the con't rise in unemployment.