Sunday, December 2, 2007

Net Worth Update as of Nov 30, 2007

The stock market had a bad month which is reflected in my net worth down 3.45% compared to a month ago. It now stands at $369,200. There were some signs of relief though towards the end of the month as the Fed hinted that there might be another rate cut in mid-December after all. At the last Fed meeting on Oct 31st, they hinted the exact opposite. Since then the S&P 500 has reached correction territory (-10% from last high) in November.

2012 Net Worth Goal Achieved – Drops from 38% to 37%
2007 Net Worth Goal Achieved – Drops from 97% to 93%

I will now need a Christmas miracle to reach my goal for 2007.

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