May 2016 net worth

*Numbers that are in ( ) will be compare from last month.

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?