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Net Worth Archive for 2008

Net Worth Report for December 2008

Assets   $ Diff % Diff
Cash $33,741 ($1,116) -3.20 %
Stocks $23,435 $5,800 32.89 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $3,415 $51 1.52 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,254 ($350) -4.60 %
Total Assets $67,885 $4,385 6.91 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $633 $64 11.25 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $633 $64 11.25 %
 
Net Worth $67,252 $4,321 6.87 %
Net Worth History Chart
Monthly Entry
Got a cost of living adjustment pay raise (4%). That's alright what with the economic conditions and all. Bring on the tax cuts in April (which will be gobbled up by the raise in ACC levies, gah!)

Credit card amounts are slowly creeping up. Will need to nip this in the bud come January!

Bought a new bicycle for exercise and to occasionally bike to work.

Summary of 2008: Ended up $3,000 short of intended goal but I'm generally happy with the way things turned out. Here's to bigger and better 2009!

Net Worth Report for November 2008

Assets   $ Diff % Diff
Cash $34,857 $162 0.47 %
Stocks $17,635 $1,087 6.57 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $3,364 $38 1.14 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,604 ($100) -1.30 %
Total Assets $63,500 $1,187 1.90 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $569 $156 37.77 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $569 $156 37.77 %
 
Net Worth $62,931 $1,031 1.67 %
Net Worth History Chart
Monthly Entry
Moved into a new place recently which meant I had to get some new(ish) things. Started a vegetable patch.

Managed funds are still bombing big time. :-(

Net Worth Report for October 2008

Assets   $ Diff % Diff
Cash $34,695 $1,097 3.27 %
Stocks $16,548 $1,179 7.67 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $3,326 ($57) -1.68 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,704 ($59) -0.76 %
Total Assets $62,313 $2,160 3.59 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $413 ($199) -32.52 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $413 ($199) -32.52 %
 
Net Worth $61,900 $2,359 3.96 %
Net Worth History Chart
Monthly Entry
Pretty average month. Laptop may need to be repaired -- fortunately it's still under warranty

Net Worth Report for September 2008

Assets   $ Diff % Diff
Cash $33,598 $1,922 6.07 %
Stocks $15,369 ($4,625) -23.13 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $3,383 $728 27.42 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,763 ($50) -0.64 %
Total Assets $60,153 ($2,025) -3.26 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $612 $194 46.41 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $612 $194 46.41 %
 
Net Worth $59,541 ($2,219) -3.59 %
Net Worth History Chart
Monthly Entry
Oops, so busy with everything else that I completely forgot to make an update. Therefore, this entry is about two weeks too late!

As per everyone else with investments in funds and shares, these took a complete nosedive.

Net Worth Report for August 2008

Assets   $ Diff % Diff
Cash $31,676 ($1,643) -4.93 %
Stocks $19,994 $2,931 17.18 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $2,655 $260 10.86 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,813 $204 2.68 %
Total Assets $62,178 $1,752 2.90 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $418 ($288) -40.79 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $418 ($288) -40.79 %
 
Net Worth $61,760 $2,040 3.42 %
Net Worth History Chart
Monthly Entry
Average month

Net Worth Report for July 2008

Assets   $ Diff % Diff
Cash $33,319 $280 0.85 %
Stocks $17,063 $2,298 15.56 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $2,395 $39 1.66 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $7,609 ($600) -7.31 %
Total Assets $60,426 $2,017 3.45 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $706 $110 18.46 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $706 $110 18.46 %
 
Net Worth $59,720 $1,907 3.30 %
Net Worth History Chart
Monthly Entry
I hate how it takes so long for the Kiwisaver contributions to transfer over.

The Reserve Bank governor cut the Official Cash Rate by 0.25% and Raboplus has quickly slashed its interest rate by as much too. Bum.

Apropos of nothing, I coughed up $200 (credit card) for a 2-year webhosting plan. I see this as an investment to get some freelance work. It was one of my goals this year and glad to get that up and running.

Net Worth Report for June 2008

Assets   $ Diff % Diff
Cash $33,039 $3,396 11.46 %
Stocks $14,765 ($198) -1.32 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $2,356 $49 2.12 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $8,209 ($75) -0.91 %
Total Assets $58,409 $3,172 5.74 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $596 $310 108.39 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $596 $310 108.39 %
 
Net Worth $57,813 $2,862 5.21 %
Net Worth History Chart
Monthly Entry
Didn't buy anything too outrageous. Desperately needed new shoes (old ones are holey) and got a laptop sleeve.

Uncertain economy is burning stock value again. Good time to get some bargains.

Net Worth Report for May 2008

Assets   $ Diff % Diff
Cash $29,643 ($3,056) -9.35 %
Stocks $14,963 $532 3.69 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $2,307 $431 22.97 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $8,284 $50 0.61 %
Total Assets $55,237 ($2,043) -3.57 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $286 ($115) -28.68 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $286 ($115) -28.68 %
 
Net Worth $54,951 ($1,928) -3.39 %
Net Worth History Chart
Monthly Entry
Bought a new laptop this month, which should be offset (a little bit) by the extra hours and freelance work income next month.

Filed my tax returns and found out that I owe the IRD about $500 for goodness-knows-what-reason but my guess is earning too much interest.

Net Worth Report for April 2008

Assets   $ Diff % Diff
Cash $32,699 $3,183 10.78 %
Stocks $14,431 $1,000 7.45 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $1,876 $54 2.96 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $8,234 ($100) -1.20 %
Total Assets $57,280 $4,137 7.78 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $401 ($71) -15.04 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $401 ($71) -15.04 %
 
Net Worth $56,879 $4,208 7.99 %
Net Worth History Chart
Monthly Entry
My Kiwisaver contributions are at least $192 per month but the bumbling task of my employer forwarding contributions to the IRD who then forwards this to my provider is pretty erratic.

Net Worth Report for March 2008

Assets   $ Diff % Diff
Cash $29,516 $2,565 9.52 %
Stocks $13,431 ($271) -1.98 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $1,822 $140 8.32 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $8,334 $0 0.00 %
Total Assets $53,143 $2,434 4.80 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $472 ($19) -3.87 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $472 ($19) -3.87 %
 
Net Worth $52,671 $2,453 4.88 %
Net Worth History Chart
Monthly Entry
Yikes, managed funds still losing me cash in the short run. Must. Not. Panic.

The good
Got my learner's license to drive.

The bad
It cost me $84. And my photo sucks.

The ugly
It will cost me another $125 to get the full license.

Impulse buy of the month
The Elements of Typographic Style by Robert Bringhurst ($15 secondhand).

Net Worth Report for February 2008

Assets   $ Diff % Diff
Cash $26,951 ($2,192) -7.52 %
Stocks $13,702 $2,680 24.32 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $1,682 $1,042 162.81 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $8,334 $1,657 24.82 %
Total Assets $50,709 $3,187 6.71 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $491 ($250) -33.74 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $491 ($250) -33.74 %
 
Net Worth $50,218 $3,437 7.35 %
Net Worth History Chart
Monthly Entry
The good
IRD has finally transfered my KiwiSaver money to my scheme, along with the $1,000 government kickstart and $20 fee subsidy

The bad
Managed funds stock still making a loss of about $500.

The ugly
One word: loan.

Impulse buy of the month
Two cookbooks by Mark Bittman.

Net Worth Report for January 2008

Assets   $ Diff % Diff
Cash $29,143 ($2,382) -7.56 %
Stocks $11,022 $2,116 23.76 %
Bonds $40 $0 0.00 %
Annuities $0 $0 -
Retirement $640 $154 31.69 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $6,677 ($175) -2.55 %
Total Assets $47,522 ($287) -0.60 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $0 $0 -
Credit Card $741 ($713) -49.04 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $741 ($713) -49.04 %
 
Net Worth $46,781 $426 0.92 %
Net Worth History Chart
Monthly Entry
At first glance, it seems like I've been spending uncontrollably this month. In reality, I'm just paying for planned expenses from my savings fund. Networth increase should get back on track in the next couple of months.

The good
Bought my third ETF. I should have holdings in all five ETFs by the third quarter of 2008.

The bad
Spent quite a bit this month including a birthday (my own), wedding gifts, a three-week holiday and optometrist visit.

The ugly
Stocks are down a little from the domino effect of the US markets but not too worried as I'm in for the long haul.

Impulse buy of the month
None.