Net Worth Update and Some Commentary as of 9/30/2015


NET WORTH Sept 2015

Lets just get straight too it: $728,700.71

Debts and liabilities: Absolute $0.

Change since I last check back at the end of July: -$64,228.29.  Ouch.  Oh well.

Net Worth Change for the Year:  Let’s just round it to 0.


Some people might look at a drop like that and start to question their plans.  What’s changed for me?  Absolutely nothing.  I’m sticking with my course of action that I’ve been on for over the last decade: buy and hold, and just adding more positions into my portfolio.  You would drive yourself crazy trying to time this market.  Have I changed my date for leaving the work force.  Nope.  Still planning on giving my 2weeks notice on January 31, 2016 and last day of work Feb 14, 2016.  Only reason for me doing the notice and staying until then is purely bonus money and getting paid out for my vacation time.

What led to the Decline?  Well, unless you’ve been living under a rock, the stock market has been acting like a 2 year old, irrational and a whole lot of crying.  Worry of a slowdown in China (have we ever been able to trust any of their economic data),  is the Federal Reserve going to increase interest rates, rate of job growth is slowing down, inflation still remains low in spite of the Fed’s actions.  I personally don’t feel the fed will increase interest rates this year, and have felt that way all year.  Our economic data is not strong enough, I feel, to warrant the actions.  It will be an interesting earnings season.

Inside of my own portfolio, my retirement plan was the main culprit of the declines.  All of that money is in a small cap fund.  At one point this year I was up over 8% back in June, now I’m in the hole.  Am I a fan of the small cap fund available in my retirement, heck no.  It has an overly high expense ratio (money being taken out of my pocket) and has underperformed the benchmark Russell 2000 by 1% over the last 10 years (more money out of my pocket, it all adds up).  However, it has been the best performing fund available to me in that account.  So I look at it as the lesser of my evil options.  When I retire, that account is getting moved right away into the Russell 2000 ETF IWM, lower fee and performance closer to the benchmark, and some large cap dividend stocks replicating my existing stock portfolio.  My brokerage and IRA accounts declined as well, but to a lesser degree.  The inherent volatility of small cap investing is high returns, high losses.  I’ve made a lot over the long run, in the short run, I’ve lost a lot.

Am I happy about the losses? No.  Anyone would love to have $64,000 more dollars.  I’m just along for the ride with the markets.  I’ll have an article coming soon explaining why I invest purely in the stock market.  I’ve been away for about 2 weeks and I have to say it was nice to not sit there and check my screen constantly with numbers changing like crazy.

Enjoy the new banner photos by the way.  Some of the most amazing pictures I’ve had a chance to take.


It’s been a while since my last tip (getting rid of junk credit card offers).

This week alone data, customer information from two more companies was taken, Tmobile and Etrade.  Just another reminder that if info is stored online or on a server somewhere, it’s at risk of a hack.  You cant’ avoid it, unless you get totally off the grid.

So this week, here’s a free way to monitor your credit report.  This is the real site.  There are others out there that make you put your credit card number and eventually charge you.  Every year you have access to your Experian, TransUnion, and Equifax credit reports (This site does not give you a credit score- for a free credit score I am a fan of Discover Card who gives it to you monthly for free and I also have a Visa Card doing the same thing). is useful for you to check suspicious activity.  Each report will show open lines of credit, closed lines of credit, installment and revolving credit.  The first time I did this years ago, I must have opened a credit card in college for a shirt or something stupid like that.  I didn’t have that card in my wallet and it was years after I finished college.  I was able to spot this funny looking card, call and close it out.

Something you can do as well, is use just one of the credit reports every 4 months.  What this will do is give you a way to check a report every 4 months to make sure there isn’t any funny business.  For example, you log on today (October 2015) check just the Experian report, go back in February 2016 use TransUnion, go back in June 2016 and check Equifax.  October of 2016, you’ve started your next cycle for checking the reports and can use Experian again.

If you log on and check all of them from the start, you’ve screwed the pooch and have to wait until next year to have access to any of them again.

Hope you find this useful.  I am not affiliated with in any way and don’t make any revenue off of it.  If you want to say thanks, just click on one of the Google Ad Sense banners, you don’t have to buy anything, but the clicks are what generate revenue for the site.  Thanks.

Look for upcoming articles from me about my personal complete guide to getting to early retirement and beyond.

Also, I’m working on a detailed article comparing stock vs bond investing for a particular company and why stock investing trumps bond investing over the long haul.  This article should give insight as to why I don’t really have an emergency savings account to speak of.

I’ve gotten request for info regarding my stock portfolio as well.  It’s on it way.  I just have limited time.

Follow me on the Twitters @bamfmoney

Follow me on the social medias:

Readers Comments (34)

  1. I’m 100% in stocks as well (thank you Jim Collins and GCC). I’m along for the ride and the dips don’t bother me, because 1) I’m still new to the game and have ~10 years to FI, and 2) I get it… markets go up, they go down, but over time they go up. Excited to learn more about you and your journey in upcoming articles.

    • Can’t wait to get the next few articles up. I underestimated the time in coming up with some of these articles. It’ll be easier when I get out of the grind. I’ll be in the middle of a move shortly and finishing out my last few months. These last few months should go by quick though.

  2. I like what you guys are up also. Such smart work and reporting! Keep up the excellent works guys I¦ve incorporated you guys to my blogroll. I think it will improve the value of my web site 🙂

  3. You got a very great website, Sword lily I detected it through yahoo.

  4. Hello! Someone in my Facebook group shared this website with us so I came to look it over. I’m definitely enjoying the information. I’m book-marking and will be tweeting this to my followers! Wonderful blog and brilliant design.

  5. Im thankful for the post.Thanks Again. Will read on…

  6. Attractive component of content. I just stumbled upon your
    web site and in accession capital to claim that I
    acquire actually loved account your weblog posts. Any way I’ll be subscribing
    for your feeds and even I success you get right of entry to
    constantly quickly.

  7. ivermectin 400 mg brands – ivermectin 3 mg tablet dosage ivermectin for sale

  8. generic vardenafil without prescription – vardenafil coupon levitra vardenafil

  9. ivermectin 1 cream generic – ivermectin ivermectin generic

  10. viagra from india viagra over the counter walmart

  11. viagra generic cheap – viagra pills in india cheapest pharmacy price for viagra

  12. generic prednisone 5mg online – prednisone 100 mg tablet prednisone 10mg price in india

  13. viagra without doctor prescription ed drugs online from canada – pharmacy discount card

  14. how to get accutane over the counter – accutane coupon pharmacy

  15. price of viagra viagra without a doctor prescription – buy real viagra online

  16. order cialis online nb canada generic cialis 10mg rrmjnbh – canadian pharmacy cialis brand

  17. online slots for real money – legitimate online slots for money online casinos

  18. buy prednisone 40 mg – order prednisone online safely prednisone medicine

  19. accutane drug price – accutane cream india how much is accutane prescription

  20. buy zithromax buy zithromax online – zithromax 250 mg australia

  21. I am regular reader, how are you everybody?

    This post posted at this web page is genuinely

  22. online assignment writer – best writing essay order research paper online

  23. comfortis without vet prescription no prior prescription required pharmacy – best natural ed treatment

  24. doxycycline 50 mg buy uk – cost of doxycycline tablets prednisolone 40 mg

  25. ivermectin 8000 buy stromectol tablets – generic ivermectin

  26. how much does hydroxychloroquine cost – prednisone 20 mg prednisone 1.25 mg

  27. pfizerl viagra online viagra and nitrates – how much is viagra at walmart ?
    buy viagras online

  28. stromectol order online

  29. online pharmacy 365 24 hour pharmacy near me – reputable canadian online pharmacies

Comments are closed.