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  1. #1
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    Yearly net worth

    Anyone else do this?

    I just did mine and I'm down 30% in one year when you factor in everything.

    Ouch.



  2. #2
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    Re: Yearly net worth

    Quote Originally Posted by dmclone View Post
    Anyone else do this?

    I just did mine and I'm down 30% in one year when you factor in everything.

    Ouch.
    Mine would be reallllllllly bad. I'm a college kid, have next to no assets (my parents own my car), and have a roughly $10,000 in student loans. As an accounting major, I can tell you that I'm definitely turning in a net loss the next few years.



  3. #3
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    Re: Yearly net worth

    While mine's down too, I'm looking at potentially quintupling my income next year. I'm not worried, much.


    I'm baaack! See my Hot Milk For Breakfast blog under Social Groups for more details

  4. #4
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    Re: Yearly net worth

    How do you plan on doing that?



  5. #5
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    Re: Yearly net worth

    On paper, mine is up, but that is with my house still listed at the value that I bought it for in '04 and that isn't accurate. I don't even know what it would go for right now. I know what it would NOT go for.
    As far as net worth excluding the home, I put enough away in other investments this year and that outweighed the losses in my 401k and some other mutual funds.


    Exaggeration is a BILLION times worse than understating.

  6. #6
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    Re: Yearly net worth

    Mine probably increased because I paid on my mortgage and auto loan. I probably have a massively negative net worth.



  7. #7
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    Re: Yearly net worth

    Beats me, assume everyone is probably down a little this year most likely. All I need to know is that I have enough to pay the bills every month and hold me over for awhile if I ever lost my job. I'm not in a lot of risky funds, I have some that lost but they are diversified enough they didn't go way into that tank like some may have.


    Go Cubs Go!

  8. #8
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    Re: Yearly net worth

    Oops I forgot my paid off motorcycle that's worth $5,000. Dang that didn't do much.....



  9. #9
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    Re: Yearly net worth

    If I die, my life insurance takes me into positive numbers. Only problem with that, I don't get to enjoy it.



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    Re: Yearly net worth

    Mine is down considerably as well but mostly due 401k flucuations. I have 30 years to go in the market. I'm not concerned. In fact, I'm buying as much now as possible. When things go back up (and they will), I'll be looking dang good.


    ISU Grad 1997.
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    Not in CO anymore but I'm not changing my name :)

  11. #11
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    Re: Yearly net worth

    I do not pay much attention to this, it makes me about cry when I see it, so I don't look. 2008 was the year I became totally debt free, so I bet my net worth is actually higher than in 2007.


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

  12. #12
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    Re: Yearly net worth

    Quote Originally Posted by brianhos View Post
    2008 was the year I became totally debt free,
    Wanna take mine on?



  13. #13
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    Re: Yearly net worth

    Quote Originally Posted by Phaedrus View Post
    While mine's down too, I'm looking at potentially quintupling my income next year. I'm not worried, much.
    Amway?



  14. #14
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    Re: Yearly net worth

    Quote Originally Posted by brianhos View Post
    I do not pay much attention to this, it makes me about cry when I see it, so I don't look. 2008 was the year I became totally debt free, so I bet my net worth is actually higher than in 2007.

    So you're house is completely paid off? That would be nice.



  15. #15
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    Re: Yearly net worth

    My net worth probably increased due to marriage, but has gone down considerably due to retirement losses. Oh well, I'm not retiring any time soon.



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