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Net worth

November 1st, 2008 at 04:35 pm

Well, I bit the bullet and figured out our net worth this morning. I didn't even bother to write it down last month. so, now I know the bad news. My net worth went down over $100,000 since the stock market tanked. The good news is that I did earn $2208 in interest in October. For once, I am glad I keep so much money in cash.

Posted in Uncategorized | 4 Comments »

4 Responses to “Net worth”

  1. fern Says:
    November 1st, 2008 at 05:45 pm 1225561522
    1225561522

    i just finished doing mine today, too. My investments have dropped $100,363, or 23%, since the beginning of the year.

    That's nearly 25% of my life savings wiped out in a year.

    Depressing, but not much i can do besides rebalance my now heavy bond side of things and keep saving. It'll come back. It has to.

  2. Ima saver Says:
    November 1st, 2008 at 05:51 pm 1225561861
    1225561861

    I feel for you Fern. I am down $108,000 this past month. When i sold the spec house, I put that money into cd's and I am so glad that I did. Not a lot of interest, but at least it is not decreasing.

  3. Broken Arrow Says:
    November 2nd, 2008 at 04:28 am 1225600106
    1225600106

    Ouch!

    Hopefully, things will look up and soon!

  4. HELPmeFind Says:
    November 3rd, 2008 at 08:39 pm 1225744763
    1225744763

    How come I don't feel better for not losing a dime?

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