Net Worth – December 2010

by Forest on January 6, 2011

Here are the stats as of December 1, 2010.

SAVINGS:  $42,710 (+$3,186 or 8.1%)

I moved a lot of money around this month.  I’m not exactly sure where this all came from, but I know I took a chunk out of my Roth IRA and moved it to savings to set up an investment plan for 2010.

INVESTMENTS:  $20,284 (+$1,030 or 5.3%)

The market helped us out here.  I don’t think we made any new contributions.

RETIREMENT:  $61,288 (-$7,641 or -11%)

I took a big withdrawal from my Roth IRA (you can do that without penalty as long as it is contributions you are withdrawing and not gains) in order to set up a new investment plan in 2011.

STUDENT LOANS:  -$25,337

Slow and steady as always on this one.

Unfortunately, our net worth decreased 3.3% taking us back below $100k to $98,945.

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