Hey, I just met you, and this is Lazy... get these fast finance fixes and mail me, maybe?

Net Worth Update – January 2007

1
Comment
Written by

Another month is over and that means it's time for another net worth update. Like last month, the bottom line doesn't look too good. I'm up to $184,349.19 a gain of 1.4%. The biggest gain was in my standard checking account. I have yet to contribute to my 2006 Roth IRA, so the money is just waiting to be moved. I saw a little gain in retirement accounts due largely to stock market gains.

I could have more than doubled that 1.4% to 3%, but Zillow has once again said that my rental property has lost value - over $3000 worth of value. Zillow is generally pretty right when I look at similar properties, so I continue to use it as a guide. Like most other peoples' real estate it's hard to put an exact value on this property, so this estimation is good enough for me. It was just last July that Zillow had my property over $10K more than it was today. Since it's about 1/3 of my net worth, a $10K loss really sets me back. In the long term, I'm comfortable with the property and it will make Energi Gal and I money within the next 3-4 years at which time we'll probably look to move back into it.

Last updated on January 16, 2007.

This post deals with: ... and focuses on:

Net Worth

Don't forget to these five minute financial fixes to save thousands!

One Response to “Net Worth Update – January 2007”

  1. I’ve observed in the world today, video games would be the latest trend with children of all ages. There are times when it may be difficult to drag your children away from the activities. If you want the best of both worlds, there are various educational activities for kids. Interesting post.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous: Back from a Weekend Trip to Boston, here’s the Damage…
Next: Comments on the State of the Economy
 
Also from Lazy Man and Money
Lazy Man and Health | MLM Myth | Health MLM Scam | MonaVie Scam | Protandim Scams | How To Fix | How To Car | How To Computer