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Stock market gyrations and my net worth

August 30th, 2015 at 05:22 am

Tomorrow's the last day of the month and so I decided to do my monthly investment report a day early.

This past month I lost $19,849 in my overall portfolio. I guess it could be worse. No doubt the loss was softened by the fact I'm investing 28% of my paycheck every 2 weeks.

I'm not really worried about it; the market will come back up. What's more frustrating is that I still haven't yet broken the $700,000 barrier in total savings. Yeah, I know, what a problem.

But interestingly, in 2009, my portfolio stayed in the $300,000s range for just 7 months until I surpassed $400,000 in savings.

My portfolio lingered in the $400,000s for 2.5 years.

My portfolio lingered even longer in the $500,000s for nearly 3 years. Of course, I was very underemployed and not contributing to savings at all from Q4 of 2009 through mid-2013.

And now, my portfolio has lingered in the $600s for 1.5 years so far. At one point in May of this year, I was ALMOST there with investments totaling $699,727. Now I'm back down to $665,235.

Frustrating. Looking at my "Countdown to Retirement" savings goal in my sidebar, I'm supposed to have saved $723,000 saved by this November. I doubt that's going to happen, and that's going to throw my whole plan out of whack.

On the plus side, I see that I'm on track to save $34,000 in 2015 (see sidebar). Of that, $23,000 is on auto pilot via automatic Roth 401k contributions, but I wasn't sure if I'd be able to save the remaining $11,000 through my own after-tax savings. I can see from my August expense report that I've saved $6,285 YTD, meaning I have another $4,714 to save this year, or $1,178 saved each month through year's end. Actually still a fairly steep goal, but if I can continue to reimburse myself for mom's expenses through yarn and art sales, I stand a better chance.

..in other news..

Remember a week ago when i came down with hives and couldn't figure out what it was? Well, when I analyzed what i had to eat, there was really only ONE thing I ate that wasn't part of my regular diet....an heirloom variety tomato grown in my garden.

So last night I decided to eat one of those same tomatoes again...a tomato is a tomato, right? And you wouldn't think you'd react to one variety but not others. But wouldn't you know my back started feeling itchy and i looked and could see a half doze rather large red spots. It wasn't nearly as bad as the first time, and I waited to see if it would get worse. It didn't, so I just went to bed without taking any antihistamines, and I feel fine today. I guess I'll have to throw those precious homegrown tomatoes out for the woodchuck.

3 Responses to “Stock market gyrations and my net worth”

  1. Carol Says:

    So glad you figured out the hives. Bring the tomatoes in to work to share--someone will thank you profusely!

  2. creditcardfree Says:

    Yes, not too bad on the market, but still not much a joy either! I'm sure you'll get to your $700K at some point. You still aren't so far off.

  3. Joan.of.the.Arch Says:

    Oh, no! What a shame to be allergic to a tomato!

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