Mid-year Check-in on Net Worth

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supersharpie
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Mid-year Check-in on Net Worth

Post by supersharpie »

How did the first half of the year treat you?

Our NW is up 9.8%.
unwitting_gulag
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Re: Mid-year check-in on net worth

Post by unwitting_gulag »

The usual story...

* S&P 500 Index roared ahead.
* Mid-caps did worse that S&P 500.
* Small-caps did a lot worse yet.
* Bonds (intermediate-term tax free) fell 1.5%. After a brutal 2022. How about that???
* International stocks.. well, let's not talk about that, shall we?

We conclude that the more that a portfolio tilts to US large-cap - and away from everything else - the better it has done. This has been the story for a very, very long time. On what basis might we surmise, that it would change?
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Lawrence of Suburbia
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Re: Mid-year Check-in on Net Worth

Post by Lawrence of Suburbia »

unwitting_gulag: a possible collapse of the U.S. publics' agreement on how to proceed as a country, politically -- along with an economic breakdown. Then, one might surmise that owning foreign stocks and bonds would help keep one afloat.

Otherwise, I'm up ~6%. Woulda done massively better if I'd been most in U.S. megacaps :oops: but, I sleep better owning mostly a target-date fund with everything in it.
Last edited by Lawrence of Suburbia on Mon Jul 01, 2024 3:33 pm, edited 1 time in total.
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Onlineid3089
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Re: Mid-year Check-in on Net Worth

Post by Onlineid3089 »

To answer OP's question, our NW is up by a higher percent but there's a good chance that's just because we're probably earlier in the accumulation phase so new contributions drive it up more.
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NYHawkeye
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Re: Mid-year Check-in on Net Worth

Post by NYHawkeye »

Retired and NW is up 7.1% with a 65%-35% AA despite some large spending for travel and medical so feeling pretty good. Have had a pretty strong tilt towards tech for years but am slowly moving more from XLK into core holding of VTI.
Gecko10x
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Re: Mid-year Check-in on Net Worth

Post by Gecko10x »

NW up about 9% YTD, despite a serious SVC weight and LT bonds down yet again. One day my value will do well... maybe! :annoyed
vfinx
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Re: Mid-year Check-in on Net Worth

Post by vfinx »

19.5% up according to an aggregator tool I started using on Dec 31. I don't know how well they calculate. Seems a bit high for a VTI portfolio. I do still work though, so there are also contributions on that end.
prioritarian
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Re: Mid-year check-in on net worth

Post by prioritarian »

unwitting_gulag wrote: Mon Jul 01, 2024 11:21 am On what basis might we surmise, that it would change?
This kind of sounds like a 2007 realtor: Better buy now because house prices always go up!
runner3081
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Re: Mid-year Check-in on Net Worth

Post by runner3081 »

How is this apples-to-apples?

Net worth would include both investment growth and NEW contributions, so again, not sure what the value of this is.

With that said, ran it last night (also do 2x per year) and we are up 13.5% this year.
pasadena
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Re: Mid-year Check-in on Net Worth

Post by pasadena »

My NW is up 16.5% (liquid)

Investment performance YTD is ~13% in my non-401k accounts, and 7.4% in my 401k (which is where I keep all my bonds and international stocks).
Last edited by pasadena on Mon Jul 01, 2024 6:27 pm, edited 1 time in total.
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LilyFleur
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Re: Mid-year check-in on net worth

Post by LilyFleur »

unwitting_gulag wrote: Mon Jul 01, 2024 11:21 am The usual story...

* S&P 500 Index roared ahead.
* Mid-caps did worse that S&P 500.
* Small-caps did a lot worse yet.
* Bonds (intermediate-term tax free) fell 1.5%. After a brutal 2022. How about that???
* International stocks.. well, let's not talk about that, shall we?

We conclude that the more that a portfolio tilts to US large-cap - and away from everything else - the better it has done. This has been the story for a very, very long time. On what basis might we surmise, that it would change?
I came to this forum in 2018, retired, with a risky asset allocation. I tried out International and also the Russell 2000 and the generic BND-type bond fund available in my 401k.

Meh.

Today I'm mostly in the S&P 500 with some SCHD and a bit of fun money in QQQ.
I'm retired with an ill family member as a dependent, and I don't have a crystal ball, so I keep 5 years of cash-like investments. I came to this asset allocation through the school of hard knocks, this forum, my complementary Fidelity advisor, and a Fidelity fixed-income specialist. (Oh, and also my buddy who will be buying a boat with his earnings from QQQ. I'm not brave enough for Nvidia.)
:mrgreen:
Glockenspiel
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Re: Mid-year Check-in on Net Worth

Post by Glockenspiel »

Our net worth is up 9.7% from the end of December. Part of that is contributions and part is growth.

75% of that is in retirement and 25% of that is in home equity. Of the 75%, we have about a 92/8 stock/bonds ratio with international stocks being about 25% of the total stock portion.
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tuningfork
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Re: Mid-year Check-in on Net Worth

Post by tuningfork »

I updated my quarterly portfolio tracking spreadsheet this morning. My portfolio is up 8% from 1/1/2024. I'm retired and not taking social security yet, so I'm spending from it with no new money coming in.

I don't account for home value and mortgage debt in a net worth calculation since home value is a fuzzy thing to track, and I can't spend it. But with a 50% down payment when we bought it 2 years ago it's roughly a wash.
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zaboomafoozarg
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Re: Mid-year Check-in on Net Worth

Post by zaboomafoozarg »

8% which is quite a bit higher than I expected it to be. This year seems terrible for some reason.

Then again, they all do.
Tib
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Re: Mid-year Check-in on Net Worth

Post by Tib »

I'm up only 3.3%. Sigh. Retired (no pension or annuity other than S.S.), with withdrawals rather than contributions. The legacy stock holdings in my taxable account, kept to avoid a big tax hit, have continued their decades-long underperformance of total-market funds. Stocks: 60%, MMFs 40%.
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LilyFleur
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Re: Mid-year Check-in on Net Worth

Post by LilyFleur »

zaboomafoozarg wrote: Mon Jul 01, 2024 1:43 pm 8% which is quite a bit higher than I expected it to be. This year seems terrible for some reason.

Then again, they all do.
Well, there's noise, and then there's facts. :sharebeer
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mhc
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Re: Mid-year Check-in on Net Worth

Post by mhc »

runner3081 wrote: Mon Jul 01, 2024 12:42 pm How is this apples-to-apples?

Net worth would include both investment growth and NEW contributions, so again, not sure what the value of this is.
For those that are retired, the NEW contributions are negative numbers (a.k.a., withdrawals).

I know our net worth, but I only track it on the anniversary of my retirement. I know we are up, but I don't know how much.
52% TSM, 23% TISM, 24.5% TBM, 0.5% cash
unwitting_gulag
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Re: Mid-year check-in on net worth

Post by unwitting_gulag »

prioritarian wrote: Mon Jul 01, 2024 12:35 pm
unwitting_gulag wrote: Mon Jul 01, 2024 11:21 am On what basis might we surmise, that it would change?
This kind of sounds like a 2007 realtor: Better buy now because house prices always go up!
Perhaps, but I'm lamenting my own relative lack of progress, rather than hawking a product whose sale is essential for my livelihood. And it merits mention that some gullible chump who bought a house at the then-peak of 2006 or 2007, would have probably done quite nicely (depending on location), if this person held on. And if this person didn't hold on? That's a question of risk tolerance and asset allocation, not of whether the underlying investment is a good one.

Today we might ask ourselves, if our risk tolerance is high, and our time-horizon is large, whether the abstractly meritorious effort at diversification, is in fact foolish. Rather than recalling 2007, more appropriate might be 1998-1999, when US tech-stocks were the runaway leaders. Well, by 2002 or so, it would have then seemed that diversification (small-cap, ex-US) would have been a sound idea after all, no? And it would. But fast forward a couple of decade, so that we have captured more than one cycle, and what do we find?

Let's ask ourselves this... suppose that there's sharp rotation of market-leadership coming in 2026. By 2030, those of us (and I do emphatically mean us), who hold substantial midcap, small-cap, ex-US and so on, are going to feel glowingly self-righteous, are we not? I probably will! But what if we go further, to 2045 or 2050 or 2055? What would then be said, cumulatively, from the 1990s through the 2050s?
Last edited by unwitting_gulag on Mon Jul 01, 2024 5:35 pm, edited 1 time in total.
prioritarian
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Re: Mid-year check-in on net worth

Post by prioritarian »

unwitting_gulag wrote: Mon Jul 01, 2024 3:06 pm if our risk tolerance is high, and our time-horizon is large
Fair enough but I'm not sure that everyone who has jumped on the "VTSAX and chill" bandwagon really fits this description.
Normchad
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Re: Mid-year Check-in on Net Worth

Post by Normchad »

Up bigly.
adave
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Re: Mid-year Check-in on Net Worth

Post by adave »

What do you use for home value? Zillow?
Silverado
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Re: Mid-year Check-in on Net Worth

Post by Silverado »

Normchad wrote: Mon Jul 01, 2024 5:14 pmUp bigly.
Finally, someone who can do advanced math! :happy

Our portfolio is also up something like 18%, includes a bunch of new contributions. I don’t worry about calculating some rate of return, since whatever is in the bucket when we retire is what we have. Whether it earned 4%, 7%, Beardstown this, XIRR that, I do not care. A dollar is a dollar however it showed up.

Second half might not replicate the first half, hope everyone is well positioned. Same for 2025 and beyond.
unwitting_gulag
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Re: Mid-year Check-in on Net Worth

Post by unwitting_gulag »

Silverado wrote: Mon Jul 01, 2024 6:17 pm Our portfolio is also up something like 18%, includes a bunch of new contributions. I don’t worry about calculating some rate of return, since whatever is in the bucket when we retire is what we have. Whether it earned 4%, 7%, Beardstown this, XIRR that, I do not care. A dollar is a dollar however it showed up.
That's perfectly reasonable for persons who are comparatively young, for whom additional contributions to their portfolios (saved from W2 or 1099) remain substantial. Decades later, when even aggressive annual savings might amount to maybe 0.2% of the portfolio, it's all a matter of rate of return. Then a difference between 4% and 4.5% (for example) suddenly matters... a lot!
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YangtzeCruiser
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Re: Mid-year Check-in on Net Worth

Post by YangtzeCruiser »

Fully retired. No additions, only subtractions for living expenses. Up 7.32% as of June 30.
finite_difference
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Re: Mid-year check-in on net worth

Post by finite_difference »

unwitting_gulag wrote: Mon Jul 01, 2024 11:21 am The usual story...

* S&P 500 Index roared ahead.
* Mid-caps did worse that S&P 500.
* Small-caps did a lot worse yet.
* Bonds (intermediate-term tax free) fell 1.5%. After a brutal 2022. How about that???
* International stocks.. well, let's not talk about that, shall we?

We conclude that the more that a portfolio tilts to US large-cap - and away from everything else - the better it has done. This has been the story for a very, very long time. On what basis might we surmise, that it would change?
Note:

-VTIAX (International stock) is up 5.1% YTD.
-VWIUX (Intermediate-term bond tax free) is up 0.05% YTD.
-BND (Intermediate-term bond) is only down 0.6% YTD.
Last edited by finite_difference on Mon Jul 01, 2024 10:53 pm, edited 1 time in total.
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JakeyLee
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Re: Mid-year Check-in on Net Worth

Post by JakeyLee »

I’m up well over 12%.. maybe more. I dunno. But here’s the deal… it doesn’t feel real. I’m now just over 30 years on investing/holding index funds (retired). Im blessed and cursed. I’ve never felt comfortable. And I’ve never panicked. just a lot of malaise. I stay the course. And I’m thankful everyday I wake up. Such a strange existence. Meh, just being honest. :beer
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retireIn2020
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Re: Mid-year Check-in on Net Worth

Post by retireIn2020 »

My net worth is up "Enough".

Actually more than enough.
I'm retired going on 5 years, withdrawing, and portfolio keeps going up. I suppose I'll have work harder to draw my portfolio down? Not a bad thing I guess.
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runner3081
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Re: Mid-year Check-in on Net Worth

Post by runner3081 »

adave wrote: Mon Jul 01, 2024 6:16 pm What do you use for home value? Zillow?
I base it on sold comps in the neighborhood, then knock 100k off for commission, selling fees and repairs.
carminered2019
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Re: Mid-year Check-in on Net Worth

Post by carminered2019 »

Just reached another digit to my NW YTD.
britcoal
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Re: Mid-year Check-in on Net Worth

Post by britcoal »

Total net worth is up 15.5%. I added 3% (on net worth value on 1/1/204) via contributions, the rest is equity growth. My home hasn't gone up at all in the last ~1.5yrs, so that hasn't contributed to gains at all. Bonds haven't contributed anything because I don't own any. I do have 5% in international, 6% in small and 6% in mid cap (and shrinking) but other than that it is all VTI and FZROX.
GuayaquilEcu
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Re: Mid-year Check-in on Net Worth

Post by GuayaquilEcu »

8% up 45 vti, 5 scv ,40 int & 10 cash mm.
Solo employed early 40s
Ron Ronnerson
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Re: Mid-year Check-in on Net Worth

Post by Ron Ronnerson »

Up roughly 8%.
alfaspider
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Re: Mid-year Check-in on Net Worth

Post by alfaspider »

I'm up in terms of accounts ~14% YTD. Additional contributions means my net worth is up a bit more than that on a percentage basis.
AlaskaTeach
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Re: Mid-year Check-in on Net Worth

Post by AlaskaTeach »

Up roughly 17.6%. Hit another milestone today, @$400k. This thing sometimes feels like a snowball, but have actually left $ on the table, by preserving gains in one of three funds. Certainly not expecting anything resembling this for the last half of year. Contributions are mostly done for the year, with only $8100 remaining for the year.

I will not be able to replicate the strategy 100% every year, but I really like the strategy of frontloading the contributions as much as possible.
carminered2019
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Re: Mid-year Check-in on Net Worth

Post by carminered2019 »

Retired at the end of 2019 with 52X and now up to 93X. YTD up 9.5X

X=1 year of living expenses.
Stoic9
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Re: Mid-year Check-in on Net Worth

Post by Stoic9 »

It has been a good first half, the US economy continues to be strong.

Entering year 8 of retirement

Through 30 June 24

Portfolio up 13.53%

Real Estate up 6.44%

NW up 10.53%
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Sandtrap
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Re: Mid-year Check-in on Net Worth

Post by Sandtrap »

supersharpie wrote: Mon Jul 01, 2024 11:15 am How did the first half of the year treat you?

Our NW is up 9.8%.
(for myself only)
NW is something I'm only vaguely conscious of and don't watch or track.

My assets include well over half in R/E Income properties, etc. So, valuations for NW would have no purpose for me.
I would think that for most income stream, and if that is related to portfolo size and growth, is more concerning than NW. But, everyone is different and keeping track of NW for some has a purpose or is interesting to do.

NW is interesting in that it does not always correlate to income stream, especially when a home is figured in as the appreciative value of a home is where most/many people have their NW.

As an aside, there was a time long ago when my NW was all in R/E buildings and it was very large, but we were shopping at the thrift store for clothes for the kids. So, it's all relative and unique in perspective.

There is a long thread/post on "up for the year or 12 months" regarding investing portfolio, rather than NW.

j :D
(dis laimer: for snipes and gulls, fax checkz, onions and individual perspectives. Many ways to things, this is one input to help.)
Last edited by Sandtrap on Mon Jul 08, 2024 6:49 am, edited 2 times in total.
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BrooklynInvest
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Re: Mid-year Check-in on Net Worth

Post by BrooklynInvest »

Up 10%, with minimal contributions percentage-wise.

Overall portfolio's about 70-30, but because of some legacy holdings a bit overweight to tech, no small cap and minimal non-US.

No idea what happen to house price in this period. No impact on me.
wunwun1
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Re: Mid-year Check-in on Net Worth

Post by wunwun1 »

carminered2019 wrote: Sun Jul 07, 2024 9:19 am Retired at the end of 2019 with 52X and now up to 93X. YTD up 9.5X

X=1 year of living expenses.
93X?? Holy moly!

What is your plan with all that (almost surely) unused wealth?
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just frank
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Re: Mid-year Check-in on Net Worth

Post by just frank »

My NW is up about 25% since Jan 1, 2024, mostly due to a large jump in estimated home equity. :shock:
cshell2
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Re: Mid-year Check-in on Net Worth

Post by cshell2 »

My retirement accounts are up about 15% since January (including contributions). This equates to 4X expenses for me.

I'm assuming with all these posts about net worth and how the stock market is doing so great that we're due for a crash soon. :D
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firebirdparts
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Re: Mid-year Check-in on Net Worth

Post by firebirdparts »

Up about 9% like OP. Enjoying the current updraft. My bond funds are all long duration now. Gambling on interest rates falling.
This time is the same
pasadena
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Re: Mid-year Check-in on Net Worth

Post by pasadena »

cshell2 wrote: Mon Jul 08, 2024 8:58 am I'm assuming with all these posts about net worth and how the stock market is doing so great that we're due for a crash soon. :D
The Net Worth and Performance posts went very quiet in 2022 :)
Florida Orange
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Re: Mid-year Check-in on Net Worth

Post by Florida Orange »

Sandtrap wrote: Mon Jul 08, 2024 6:47 am I would think that for most income stream, and if that is related to portfolo size and growth, is more concerning than NW.
This is how I feel. I care about the income my investments generate and taxes. I don't even know how much I'm up for the year. I'll take a look at the end of the year, though. This perspective is particularly helpful during bear markets. As long as the income stream holds up it allows for a high degree of equanimity. Still, it's nice to know the market is doing well.
LavaField
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Re: Mid-year Check-in on Net Worth

Post by LavaField »

Total net worth up about 13.5% since end Dec '23
Prob. a combination of markets, saving, retirement contributions, home(s) equity [mortg payment + appreciation].
I think mostly market returns though.
p1db
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Re: Mid-year Check-in on Net Worth

Post by p1db »

Net worth excluding home is up 14% since beginning of the year. I am retired since early 2022 and pulling from my savings for expenses.
angelescrest
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Re: Mid-year Check-in on Net Worth

Post by angelescrest »

There is already a long running thread for this.
LavaField
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Re: Mid-year Check-in on Net Worth

Post by LavaField »

LavaField wrote: Mon Jul 08, 2024 10:31 am Total net worth up about 13.5% since end Dec '23
Prob. a combination of markets, saving, retirement contributions, home(s) equity [mortg payment + appreciation].
I think mostly market returns though.

A quick look at spreadsheet says we are up 13.9% YTD for liquid investments (Excluding Homes).
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dcop
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Re: Mid-year Check-in on Net Worth

Post by dcop »

+7.64%. My cash position is the highest it's ever been so I'm happy with it. My MSFT Stock is up 25%. So without it makes my NW YTD 2.25%. Whatever all this means, I'll take it.
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Hacksawdave
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Re: Mid-year Check-in on Net Worth

Post by Hacksawdave »

I only count the marketable portfolio as ‘net worth’ with no property or personal effects. It was 4.97% for the first half of the year net spending and taxes.

FWIW this percentage is about three times my expenses for the year, so I am happy. 2025 is already funded and working on 2026.
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