Money and Finance
Net Worth Update - November 2015
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly. As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.
October was great for the net worth and November followed up with a very meh month. The S&P 500 was essentially flat for the month which meant changes were primarily made via savings. Unfortunately there wasn't much on the savings front due to me forgetting about our homeowner's insurance bill being due. which took away pretty much all the investment capital. The majority of our net worth is tied to the performance of the stock market so a break from the roller coaster of the last few months was welcomed The good news though is that the market changes are just noise to try and get your emotions to make you do something foolish. It's the dividends that help to keep you sane when the markets are crazy or even boring. Dividends are always a positive portion of return and in November we ended up with over $420 in dividends received.
Even better was the THREE dividend increases announced during the month. That's extra money for doing nothing and I'm way okay with that.
For the month our net worth was flat just like the markets with a decline of just $12.46.
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Money and Finance