Homenet worthNet Worth: April 2014

Net Worth: April 2014

We are in California for a Spring Break baby moon bonanza. We miss San Diego dearly and sometimes we wonder if we made the right choice in moving to Seattle. Who knows, maybe we’ll end up back down here one day…when we are millionaires and can afford it. Haha.

I should be back with “non lazy” posts next week, but for now enjoy a net worth update…


Cash: $19,523; -$20,866

No, that is not a typo. Our cash reserves took a $20k hit last month. Fortunately it was for good reason. $14k went to our new taxable account, and $5,500 to this years Roth contribution. Don’t worry, I didn’t go on an epic spending spree 😉

Roth IRA: $57,342; +$6,755

Like I said, $5,500 of this was from my contribution, but the other $1,200 was pure profit baby. Booyah!

401Ks, Traditional IRAs, etc: $89,876; +$1,908

I’ll take any gains I can get in my retirement accounts, especially when it’s a $2,000 improvement in 30 days. Can’t wait to have $100k in just 401k’s

Taxable investment account: $14,165; +$14,165

As I’ve referenced a few times, we recently opened a taxable investment account. We went with a vanguard 2035 target fund, VTHRX. Had the account for three weeks and it’s already made more money than this money would have for a whole year if we left it in our savings account. It will be fun to see how this performs over the years.

Home equity: $75,226

Zillow is going gangbusters since we bought our house. I know it’s not accurate, but I sure don’t mind when it’s inaccurate towards a higher selling price. Haha. My hunch is we could walk away with anywhere from $75k to $100k if we sold tomorrow.


Credit Card: $2,996 (change not reflected since balance is paid off each month)

March was a very expensive month for us. We’ve had skylights installed in our upstairs, trees taken down in our backyard, and a French drain installed in our basement. It’s crazy and expensive, but at least it’s not a completely sunk cost as we are building equity by making our place less sucky.

According to math, this makes our current net worth $253,136. Which puts us at a more modest monthly gain of $2,410. The major house project expenses are coming to a close so hopefully these last few months as DINKS will be profitable ;). 

And here is my obligatory monthly picture of Nova…


You can see all of my net worth updates here.



  1. Love that mid air pic of Nova. Great you are moving your money into some investments. I assume your remaining cash is like your emergency fund or planned spending. The compounding rate of investments is so fun to watch. I’m planning to do a net worth post. I’ve been trying to decide if I should include my home or not. I’m thinking not, because (a) I have mortgages (but probably at half the value) (b) it’s not as liquid as investments which conceptually could be withdrawn with a few days notice (c) you need to live somewhere even when retired and the taxes and upkeep (which we’ve been neglecting) will be our housing costs of the future (d) I think the value in it becomes more relevant when I retire as I see it as the nursing home pot. I would like to use it to fund my longer term care, whereas my investments to fund my retirement when I am still self sufficient. Your thoughts?

  2. Where is Nova when you are travelling? I dog sit for friends but puppies, no matter how well behaved, are just too much work.

  3. Nice to see that you’re back to non-lazy blogging, ha! Any reason why you went with a target fund, as opposed to a low fee & less managed index fund, for your taxable account? As I recall, target funds(given your current age and 2035 retirement year) have a mixture of stocks and bonds(76% stocks, 21% bonds on the VTHRX), whereas an index fund only has stocks(higher risk & higher reward). I think you’re young enough to take higher risk, and would recommend the index fund.

  4. Ah! Cute pic!!

    Did you really double your money in your account in just 3 weeks, or is that a typo on your taxable savings account? If not, I’m going to go move some money … 😉

    • If you look at the Cash section, you will notice where he moved 14k out of cash and into the taxable account. So it increased to 14k is due to that account having zero dollars before the transfer.

  5. I was worried when I saw the -20K. Keep up the great work! get ready to buy some rentals, and make some great money!

  6. So what’s keeping you from selling the house? I’d have a tough time not cashing in on that $100K (even though you’d have to pay capital gains taxes).

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