Recently, I took the time to breakdown my finances. I think it is vital to know how much money/investments you have. I normally look at this every four months or so. I know some do this every month, but I just do not have the time. I wanted to share with everyone where I am monetarily. I feel that tracking my finances will hold me accountable. Besides, this is a journey that we are taking together. The numbers below are based on December 1, 2017.
|Total Individual Stocks: 192,571.01|
|Savings Account, US Bonds, Certificate of Deposit (CD), and Retirement Account|
|Savings Account – Total Value: 21,040|
|Series I Bonds – Total Value: 305|
|Certificate of Deposit – (CD) – Total Value: 125,000|
|My Employee Retirement Account – Total Value: 33,044.61|
|My Vanguard Target Retirement Account ( Roth IRA ) – Total Value: 5,483|
|Wife’s Employee Retirement System – Total Value: 24,744.50|
Grand Total: $402,188.12
I really need to shift some money around and allocate it better, but I just feel that a lot of these stocks are priced high. For example, I would love to own more shares of Intel, but the price per share is too high of an entry point for me right now. In time, I hope to balance these 15 stocks better. It has been a long road saving/investing, but I am slowly getting there. I will continue to keep a close eye on these stocks and re-balance it when the time is right.
When is the last time you broke down your finances? How well do you track your savings/investments?