Welcome to the Ides of March. It’s the middle of the month, so it’s time to take a look at my net worth.
Last month, I mentioned how Zillow had estimated my home to be $17,000 less than the month before. It’s down another $1400 this month, which isn’t going to help my net income. Combine that with the stock market downturn from last mid-February, and this report could be disastrous.
Even though I lost the $1400 in real estate and another $4200 in retirement accounts, I pulled off only a small loss this month – just $1869. I had made up for the loss in several places… My checking account has $2200 extra in it. My Prosper account has $600 more in it. I’ve reduced my HELOC by $900 (and soon to be more with that expanded checking account balance).
I’m pretty excited about the gains, because I’m making new investments grow. At the same time, I’m confident in the investments I currently have. I feel they are very good ones, even if they are not performing at this point. In the long term, balanced stocks and real estate are likely to appreciate.