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Net Worth Update – June 2018

Tom — Fri, 20 Jul 2018 00:18:11 +0000

Half of 2018 down and it is net worth checkup time again. If you are not familiar with net worth, the idea is to calculate how much your possessions are worth if you had to consolidate everything at current value right now. To calculate it, you take everything you own, work out how much it is worth, and add it up. You then subtract from that number anything you owe people (like home loan, car loan etc). That gives you a final number called your net worth. The last 6 months were not quite as good as I had hoped, but...

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New Year Goals for 2018

Tom — Sat, 24 Mar 2018 04:58:05 +0000

Given my new year goals from last year came in February, it seems only fitting that this years come in March. Although that does make me think I should set a goal of having new year goals in January, but that seems a bit too meta for me. So on with the show! Goal 1: Increase Net Worth By $150k This year I am upping the anti. Each of the previous two years I have aimed for $100k and blown it out of the water by almost 30% and then almost 50%. So this year I am banking that previous...

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Final Tally – New Year Goals For 2017

Tom — Mon, 26 Feb 2018 09:39:12 +0000

I am glad I did not include punctuality as one of my new year goals for 2017, as January disappeared before I could set aside any time for this blog. But the time has come, and now it is time to look back on 20917 and see how our goals from 2017 went. Following that I need to release my 2018 goals out into the world. Hopefully that will once again help to hold me accountable, and speaking of accountable, lets see how I did in 2017: Score: a total of 3 out of 7 (or 43%) for my 2017 goals....

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Net Worth Update – December 2017

Tom — Mon, 12 Feb 2018 12:00:40 +0000

The year 2017 is now (well and truly) over, and it is well past time for another net worth checkup. If you are not familiar with net worth, the idea is to calculate how much your possessions are worth if you had to consolidate everything at current value right now. To calculate it, you take everything you own, work out how much it is worth, and add it up. You then subtract from that number anything you owe people (like home loan, car loan etc). That gives you a final number called your net worth. The second half of 2017...

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Net Worth Update – June 2017

Tom — Sat, 29 Jul 2017 22:06:05 +0000

The year 2017 is now over half way completed. So it is time for another net worth checkup. If you are not familiar with net worth, the idea is to calculate how much your possessions are worth if you had to consolidate everything at current value right now. To calculate it, you take everything you own, work out how much it is worth, and add it up. You then subtract from that number anything you owe people (like home loan, car loan etc). That gives you a final number called your net worth. It has been a very short first...

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New Year Goals for 2017

Tom — Fri, 10 Feb 2017 08:28:50 +0000

I can’t believe that January is over and I haven’t yet written down my 2017 new year goals. That means I am already a twelfth of the way towards failing! Time to fix that. Number zero of my new year goals: write down new year goals for 2017. Goal complete! Go me. But seriously let’s get into my new year goals for 2017, and see if I can turn them from text into reality. There will be some goals left over from 2016 that were not quite finished. As the saying goes: if at first you don’t succeed, make it...

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Net Worth Update – December 2016

Tom — Sat, 28 Jan 2017 00:12:39 +0000

The year 2017 has started, which means it is time for the six monthly check of how the net worth balance book is going. Having just finished looking at how my 2016 goals went, the details are hot off the press. So to see what the last six months have provided, read on. Given the ASX has moved from around 5310 to 5720 over the six months, it would be a fair guess that the share portion of my holdings did well. They defiantly performed better than the previous six months which was just above flat. I have also been...

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Final Tally – 9 New Year Goals For 2016

Tom — Tue, 17 Jan 2017 10:40:25 +0000

With 2016 over it is time to have a look back at the new year goals I set at the start of the year. I was well on the way at the half way point, so lets see how many were reached at year end. Score: a slightly generous 6 out of 9 (or 67%) for my 2016 new year goals. 1) Increase Net Worth By $100k Goal: Success. The last half of the year was much better than the first fore this goal. It started with two of the largest single month gains I have in my records, and kept going after...

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9 New Year Goals For 2016 – Half Way Point

Tom — Mon, 29 Aug 2016 08:45:53 +0000

Now that I am firmly back from holiday, I thought it was a good time to quickly check in on my new year goals from the start of the year and see how I am going. So how are my 9 new year goals going so far, and what has changed… 1) Increase Net Worth By $100k After a stellar August (that was good enough that I may post about it separately), I am $66k towards the $100k total. So this goal is going quite well. Lets break it down further, however the original goals are not quite how I track...

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Net Worth Update – June 2016

Tom — Sun, 31 Jul 2016 12:41:48 +0000

After a wonderfully relaxing, almost month-long vacation – I am back. Did you miss me? I know I didn’t, but then I am with me almost 15 to 20 hours a day (depending on how much sleep I get). Now I am back, it is time for my second net worth update. My last net worth update was back at the end of 2015 where I had just cracked the $1.15m mark. Let’s see how the last 6 months have treated me… Firstly, the share market (all ordinaries) over the last 6 months has been up and down a bit, but...

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