Monthly Net Worth Update – May 2017
I have decided to change the way I produce my Net Worth Updates. The previous updates were a little hard to follow and the table was just overall messy. These Net Worth Updates will be a lot easier to follow, graphical and may have a little less information just for my own personal sake. May 2017 was an alright month for me, not quite as good as I thought it might have been, but it was overall positive. My debts are lowering every month and my assets are increasing every month, so overall that means my net worth will increase! Let’s keep the net worth going up and continue to produce great results.
Net Worth Update – May 2017
Below you will see my Net Worth for the month of May 2017.
My Net Worth increased by a reasonable 6.64% overall. Debts were slightly decreased and assets were increased. Most of the net worth increase came from cash savings and additions in my Stock Portfolio. This is an increase of $2,237.54 in the month. I was hoping for a little more but an increase is an increase. Hoping to continue increasing this for the rest of the year.
Total Forward Dividend Payments
I was able to purchase another lot (744) of WAM Research. I like this company, it has had spectacular results over the past many years and looks to continue to produce great results. This is more of a long term hold for this stock as they pay out a large dividend every year, this combined with the DRIP will increase the value of the portfolio and increase the total income that comes from said portfolio. Because of this purchase, it has pushed my total forward dividend payments per year to a little over $500 a year, yet another milestone for me!
How did your month of May go?