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Market boom

January 24th, 2018 at 01:59 pm

Heady times on Wall Street these days. I updated my personal balance sheet and find that my net worth is up by $14,540 so far this year. My retirement accounts are up by about 10K *despite* the fact that I took almost 8K in required minimum distributions at the beginning of the year and set them aside to create "sinking funds" for other big expenses expected during the year (so I won't end up putting those expenses on credit cards as I have in the past). I also took the bonus money that I received for last year and used it to pay down some debt. All together my assets are up 8.3K, my debts are down 6.2K, for the total net worth change of 14.5K. That's an improvement I would usually be happy to see in a fiscal quarter already in three weeks.

I'll enjoy it while it lasts since one always wonders just how long the current boom times can last.

2 Responses to “Market boom”

  1. PatientSaver Says:

    Congrats on your retirement balance....nice!

  2. rob62521 Says:

    Great news on your retirement balance. We aren't up as much as you, but we are seeing good gains as well. Sure hope it continues for awhile.

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