tag:blogger.com,1999:blog-1893129263573703047.post608208561168071248..comments2024-03-28T00:13:55.918-07:00Comments on A Frugal Family's Journey: Net Worth (3rd Quarter Update)A Frugal Family's Journeyhttp://www.blogger.com/profile/05093532273552790517noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1893129263573703047.post-52229034914230787012015-10-22T12:16:19.024-07:002015-10-22T12:16:19.024-07:00JC - it is fun to track one's net worth but, y...JC - it is fun to track one's net worth but, you are right, a six-figure net worth doesn't mean much if it doesn't generate enough income to cover one's expenses. In fact, that is also why we chose not to count our home as part of our net worth. To that end, sounds like we should be celebrating the $10K invested and the future income it will generate rather than dwell on the decrease to our current net worth which will likely fluctuate from time to time. <br /><br />Thanks for stopping by and leaving us with your thoughts. AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-6672515619263988752015-10-22T12:08:29.098-07:002015-10-22T12:08:29.098-07:00Income Surfer - the last two months have been grea...Income Surfer - the last two months have been great for investors looking to build their portfolio but had the opposite effect on existing investments. We certainly took the opportunity to average down our costs basis on quite a few companies. <br /><br />Glad to hear we are not alone in our sentiments towards non-liquid investments such are our home. :)<br /><br />Best wishes! AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-7019695907888781172015-10-22T12:05:39.348-07:002015-10-22T12:05:39.348-07:00DivHut - with the market somewhat unreliable these...DivHut - with the market somewhat unreliable these past two months, we are certainly glad to have our dividend income still come in consistently each and every month. In fact, with the record number of buys and capital spent during this recent downturn, our forward dividends still look pretty bright even though our Net Worth is not reflective of shinier side of things. <br /><br />Thanks for stopping by and providing a different perspective on our Net Worth. AFFJA Frugal Family's Journeyhttps://www.blogger.com/profile/05093532273552790517noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-53090537170780707502015-10-15T07:53:53.095-07:002015-10-15T07:53:53.095-07:00Considering the stock market volatility we saw dur...Considering the stock market volatility we saw during Q3 that's not too bad of a quarter. And that's pretty impressive seeing y'alls net worth almost at $1.1M when you add in your house. The key is to focus on the important things and that's that y'all set a personal record with over $10k invested throughout the quarter which will just spur on better growth in the future. Our net worth has always been a secondary benchmark for us because market movements are really starting to shape the direction of out net worth and the important factor is whether the income from our assets can cover our expenses which net worth just doesn't tell you. We're not there yet but we're on our way!Passive Income Pursuithttps://www.blogger.com/profile/13947101854482544346noreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-585618504683702652015-10-15T04:35:37.433-07:002015-10-15T04:35:37.433-07:00Good work on a solid update. Stock markets fluctu...Good work on a solid update. Stock markets fluctuate, and based on allocation they can fluctuate a lot. A few weeks ago our portfolio was down 10%, but that's just part of the game. For the record, I'm with you on not including home equity in your networth stats. I like to have investments that are working for me.....not vis versa.<br />-BryanIncome Surferhttp://www.incomesurfer.comnoreply@blogger.comtag:blogger.com,1999:blog-1893129263573703047.post-21230227989769183712015-10-14T23:52:54.942-07:002015-10-14T23:52:54.942-07:00Always nice to see a solid net worth update even i...Always nice to see a solid net worth update even if it's in the red slightly. I guess the focus should be more on the income your assets produce rather than simply the value of your assets. Real estate, stocks and most other assets rise and fall but the income that those assets produce are more stable, tend to grow and are more reliable.DivHuthttp://divhut.comnoreply@blogger.com