After last month’s record net worth gain, I was expecting a little pull-back from the market — or at least, some pressure downward! I know, not really positive thinking. But hey, I’m just being realistic. Thankfully the pull-back did not happen. So the party continues! For the 9th straight month we have been able to record a monthly GAIN to our net worth.
As of the end of February 2006, our net worth has increased by $5,038 to a new total of $74,297.
Noteworthy highlights for the February 2006 update:
– I contributed $355 into my Roth IRA account for the month. I did not put anything into my fiance’s account this month. The rest of the gain was purely from the stock market continuing it’s upward trajectory.
– Normal contributions were made to my fiance’s 401k account. I expect this account to be on “auto pilot” for the most part this year. Contributions are automatically pulled from her paycheck each pay period. I do not expect to make any changes to our investment choices either.
– We continue to take advantage of a 0% credit card offer. This means…
Note From Author
The full “February 2006 Net Worth Update” post has been back-dated to 3/01/2006. But it was originally published to the Financial Independence Champion (FIChampion.com) Blog on 08/16/2016.
Why Back-Date Posts?
I mentioned in my first post how this blog will be a little different than any other ones you may follow. I still plan to talk about personal finance, rental property, travel, and the pursuit of financial independence. But to give all these topics the right context and the full picture, I need to start at the beginning. I need to fill in the details of life from 2005 until now. I want you to see the successes, the struggles, and all the milestones we passed along the way. Therefore most of the “new” content will be back-dated to their appropriate dates in 2005, 2006, and beyond — until we’re caught up!