OK, the wall-street meltdown notwithstanding, my quarterly worth is up more than $24,000 from September. This is due entirely to increased equity and value in my home and the house I own on the coast (no, NOT a beach house--a 900 square foot, two bedroom home in a dying mill town). Despite everything I hear about the real estate market, it is holding its own in the Pacific NW, particularly for homes worth less than $500,000.
My 401(k) funds are down $9,000 for the quarter, but up $17,000 for the year.
My total indebtedness has actually increased by $56 over the course of 2007. What the figures don't show is that I spent some $7,000 on repairs to my rental house which then became part of my HELOCC, which is now counted as part of my debt. So I did a lot of running in place during 2007.
My net worth at the beginning of 2007 was $536,825. It is now $584,097.
My goals for 2008 are as follows:
1. Reduce non-mortgage debt by $6000;
2. Do not increase credit card or loan debt;
3. Add at least $12,300 to 401(k).
Happy New Year and best wishes for a financially sound future to one and all.