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Net Worth Report for June 2014

Net Worth Report for June 2014
Net Worth Report for June 2014: $445,525

 

This is the ninth straight month that our net worth has been increased by over $10,000. By the way, this month marks the first time that our investment portfolio is larger than all of our illiquid assets combined, ie. house, vehicles, jewelry, furnitures, etc. Liabilities also fall below $100,000 for the first time since April 2013.

Even though we listed the home value at $238,900, Zillow values our house at $260,229. Back in June 2013, a third-party professional hired by the bank appraised our house at $250,000. Hence, we have been discounting our home value by $10k to $20k. In another words, our net worth can jump by as much as $20,000 more. However, we are very happy with the current upward trend so we will continue discounting our home value.

Lastly, this is the best month ever and probably the peak in our life. Month-to-month gain is over $30,000, while year-to-year gain is over $145,000. Both of them are record!

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