Asset | Amount | Liabilities | Amount | Networth |
---|---|---|---|---|
Car | $19,500 (KBB) | Car Loan | $17,383 (-$3,445) | |
Checking Account | $10,630 (-$12,204) | CC Debt | $17 (-$3,508) | |
Rental Account | $ 16, 970(+$2,960) | |||
Lending Club | $12,410 (+103.00) | |||
Saving | $21, 045 (+$10,000) | |||
Taxable Investment | $231,910 (+$16,939) | |||
Retirement | $179,705 (+$1,058) | |||
Rental House 1 | $108,000 (Appraisal Value) | Rental House 1 | $56,229 (-$156.00) | |
Rental House 2 | $168,000 (Appraisal Value) | Rental House 2 | $91,241 (-$212.00) | |
Rental House 3 | $238,500 (Appraisal Value) | Rental House 3 | $224,210 (-$300.00) | |
Total: | $1,006,670 (+$18,856) | $389,080 (-$6,258) | $617,590 (+$25,114) |
Here is my May 2016 net worth.
Assets
Personal checking account: $10,630 (-$12,204) – I move $10,000 to my emergency fund. This complete my 2016 Goals.
Rental checking account: $16,970 (+2,960) – This is from rent collected, I’m also going through one eviction on one of my house. So next month I might not net a lot.
Saving Account: $21,045 – I was able to achieve my goal of saving $20,000 for my emergency fund. 2016 Goals
Taxable Individual Stock
(Dividend Received for this month)
5/2/16 DE - $34
5/6/16 Yum – $9
5/23/16 ETN - $34
Total Dividend Received from brokerage account: $77
Total Balance in FRIP: $199
Total Brokerage Account: $92,540
Vanguard
Taxable Investment: $139,460 (+$) Consist of my index funds total international & total stock market index funds.
5/6/2016 - Purchase VTSAX $3,000
5/24/2016 - Purchase VTSAX $5,000
Total purchase: $8,000
Total: $139,460
Dividend Received: $0 from Total International Funds, $0 from Total Stock Index Funds
Total: $0
Retirement
TIRA:
$15,687 (+$4) (Vanguard Total Bond Market Index Funds)
$87,943 (+$1,547) (Vanguard Total Stock Market Index Funds)
Total: $103,614. 569 (+$1,535)
Dividend Received: $0 from total stock index fund. $32.33 from total bond index fund.
Roth IRA:
Vanguard Total Bond Market Index – $45,813 (+$325)
Dividend Received:$94
Total: $45,634 (+$146)
401k:
Vanguard Total Stock International Index – $30,457 (-$309.00)
Total: $30,457
Dividends Received: $0
Lending Club: $12,410 (+103.00) – I did not contribute anything here just gained from interest and reinvesting.
Expenses
Mortgage Expense:
-$615 – Mortgage for Rental Properties #1 Rent Received ($900) This payment from April since they’re late. I have given them a 30 days notice to vacate the property. They have been late several time in the past. It’s time to move on, I’m hoping to get a new tenant in the next couple of month or sooner. Depending on how the property look.
-$479 – Mortgage for Rental Properties #2 Rent received ($1,165)
-$1,417 – Mortgage for Rental Properties #3 Rent received ($1,567) Had to pay for some minor repairs.
Total Income Received: $3,632
Total House Expense: $2,511
Net: $1,121
Car loan: $17,383 (-$3,445) I put a big chunk of money this month trying to get the payment a little bit lower.
CC debt:
-$50 – money transfer fee
-$1,600 – western union transfer for family
-$17 - Shopping
-$199 – Self Storage
-$257 - Car taxes
-$39 - Shopping
-$57 - Phone bill
-$50 – For mother utility bills.
-$65 – Internet
-$155 - book
-$17 - Food
-$285.00 - Purchase a gun.
-$609 - Purchase another gun.
-$24 - Grocery
-$84 - purchase a back pack
Total CC Expense: -$3,508
Car Payment: -$3,500
Total Expense: -$7,008
Summary:
◾For this month I made a purchase a total of $8,000 in my VTSAX (Vanguard Total Stock Market) index funds.
◾Dividend from stock/index that I received this month was: $203
◾Net: from rental income is $1121, I’m in the process of evicting one of my tenant so next month I might not get any rental income for one of my rental.
◾Net worth increase $25,114
Goals for previous month:
◾Transfer $10,000 to my emergency savings. completed
◾Add $3,000+ to taxable investment Vanguard Total Stock Market Index Funds. completed
Goal for month of june:
I don’t have a goal for June but just continue investing in index funds and dividend stocks.
How did you do in the month of May?
Dividendsdownunder says
Huge congrats on having over $1M worth of assets! Nice job. Sounds like a good month for you 🙂
Tristan
Thanks yea still trying to build up more of my dividend portfolio. Thanks for stopping by.