Wednesday, February 27, 2019

Net Worth Update: February 2019

Our net worth increased in February by 7.6% to $46,785 and by 7.77% to €41,075.

That's a surprisingly good result when I consider how little savings I really did. Remember, last month, we had to buy some expensive stuff that would be paid for with the money from this month and March. So I was expecting a basically flat value from January to February.

The main factor was the performance of the stock market, whose rising tide lifted all long boats, including mine. Although I'm still at an un-realized loss, it's a much smaller loss than before. The turn-around from Christmas to now is wild, and it's hard to know what to think.

I also achieved the spending requirement for a mid-tier credit card, and I received the point bonus for it. I value the points at 1¢ a piece, so that provided part of the boost.

I also stuck €500 into our savings account in Germany. We have some upcoming expenses of varying values - and not a small amount of uncertainty what those values will ultimately be - so having some extra cash on hand is always a good idea.

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