(+0.42% Month / +26.28% YTD) May 2009 Networth
May has come and gone and another month has past of minimal growth to the networth…
May Highlights
- We had about a $2,000 decrease in our savings account this month because we needed a little more cash to finish the backyard. This should be the last time that we’ll need to dip into savings for a while. We have finally finished all of the major fix-ups at the house and it’s finally starting to feel like home. I think the next major withdrawal from savings will be for the purchase of our new car….well, not new, but our new-used car.
- It was a decent month for the stock market so we saw some decent growth in our IRA accounts. I don’t really think this is going to last, but I’ll take it while it’s there. The bulk of my IRA is still cash and I am still trying to debate how to re-allocate and invest the funds so if you’ve got any ideas please feel free to suggest.
– The giant increase in our credit card debt this month was due to the fact that we were finishing up the backyard. Like always we will be paying it off in full at the end of the payment cycle, so it is a little deceiving.
To see the path to our current networth position check out the “Networth Page“
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