Money and Finance
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.
What a difference a month makes! The stock market surged higher with the S&P 500 gaining 8.3% in October alone. The majority of our net worth is tied to the performance of the stock markets so good months like October sees our net worth skyrocket but bad months like August or September sees our net worth decline along with the markets. In the short term that's just noise to try and discourage you and it's in the bad months that I focus on my dividends. Whether the markets are up or the markets are down those dividends continue to roll in throughout the month with just over $260 in passive income for the month. Even better is the SIX dividend increases announced during the month. That's extra money for doing nothing and I'm way okay with that. Couple the market surge and a return to positive cash flow from my day job and it turned into a solid month. During October my net worth charged higher by $26,601.32.
Read more »
- Net Worth Update - January 2016
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...
- Net Worth Update - December 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...
- 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...
- Net Worth Update - March 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...
- Net Worth Update - January 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...
Money and Finance
Net Worth Update - October 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.
What a difference a month makes! The stock market surged higher with the S&P 500 gaining 8.3% in October alone. The majority of our net worth is tied to the performance of the stock markets so good months like October sees our net worth skyrocket but bad months like August or September sees our net worth decline along with the markets. In the short term that's just noise to try and discourage you and it's in the bad months that I focus on my dividends. Whether the markets are up or the markets are down those dividends continue to roll in throughout the month with just over $260 in passive income for the month. Even better is the SIX dividend increases announced during the month. That's extra money for doing nothing and I'm way okay with that. Couple the market surge and a return to positive cash flow from my day job and it turned into a solid month. During October my net worth charged higher by $26,601.32.
Read more »
- Net Worth Update - January 2016
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...
- Net Worth Update - December 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...
- 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...
- Net Worth Update - March 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...
- Net Worth Update - January 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...