Money and Finance
Net Worth Update - September 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.
Well, my net worth took another huge hit in September due to a stock market that declined for a second straight month and a very poor cash flow situation for our personal finances. The main catalyst for the decline in September was due to stock market declines. Unfortunately short term volatility is what you have to deal with when your net worth is heavily invested in the stock markets. While my portfolio and net worth have both declined it's important to focus on what dividend growth investing is all about: dividends and the growth of them. Dividends continue to roll into my portfolio with just under $850 coming in and even better is the FIVE dividend increases that were announced as well. Ignore the noise and stay focused on the long term goal. That's how you win with dividend growth investing! During September my net worth declined $19,811.57 which is a 4.87% decline from the end of August. I don't exactly feel like the guy in the picture above after the last two months!
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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...
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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...
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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...
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Net Worth Update - February 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...
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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