June Net Worth Update

Okay, so I'm on the 1st of the month now. I'll try to keep it here from now on, but it will certainly test my patience.

It was a good month (well, 3 weeks) overall. Net Worth is up 2.66% over last month, bringing me up to a 20.4% gain over February. I'm about 58% of the way toward my goal for the year. See the chart below.


Of the growth, about 32% comes from debt reduction, 20% from investment gains, and 48% from new savings/investments. I expect debt reduction to continue to be a big factor until my car loan goes away (either from downsizing my vehicle or paying it off). That will be December, at the latest. At that point debt reduction should be a smaller share of my growth each month and new savings and investments should take off.

As promised, I also calculated Net Investable Assets (5.01% gain) and Net Liquid Assets (14.19% gain). Both represent an increased share of my Net Worth, which I consider a very good thing. My equity in my home is going to keep rising but I want the more liquid assets to fuel most of the growth.

Things are going pretty well, at least partly do to the continuing rise of the stock market. But I'm young, so if we eventually have that pullback that everyone is calling for, it will be an opportunity to buy up cheaper shares. I've got plenty of time for it to catch back up.