Can’t Argue With That….January 2011 Net Worth Was Great!

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.

4 thoughts on “Can’t Argue With That….January 2011 Net Worth Was Great!”

  1. That is some great movement and for 5 months in a row? Wow! What debt are you working on? Mortgage

  2. @Evan, we just finished up one student loan last month and this was the first month we took that monthly payment and applied it to the mortgage. The five month streak is attributable mostly to Zillow reporting stable or slight increases to our house, the stock market, and continued payment of debt.

Comments are closed.