Since I don’t post actual figures, I don’t spend a lot of time on net worth updates these days.
However, I was happy with January’s results.
Assets went up +1.77% and Liabilities (Debt) went down -0.34%.
Together, this resulted in a +2.4% Net Worth result for the month. Not a bad start to the year!
What’s even better news is that this is the fifth straight month that net worth has gone up. I know a lot of that has to do with the improvements the stock market has seen lately, but that’s the longest month-over-month streak of positive gains since there was a seven month stretch between 2005-2006. This streak has actually seen a larger overall net worth gain from a percentage standpoint (15% vs. 12% in the 2005-06 streak).
All in all, I’m happy. I expect that, as usually is the case, something will give. The market is probably due for some corrections soon given the amazing run it’s had. Still, it’s a nice step in the right direction.