Yes, still sick of the rain.
The gym has been horrid. Anyway, it was super extra crowded tonight. I figured it would dwindle down a bit as we get further from Jan. 1. Anyway, for whatever reason I braved the wind and rain and went to the gym and it was PACKED. Probably the worst I've seen. It didn't occur to me until my way out that maybe there was a direct correlation to the weather. Perhaps. I only really plan to use the gym in the extremely cold and extremely hot months. I much prefer to go for a walk myself. But it is rare the weather is just this bad. It has been a COLD rain all week which is really rather ware. So stormy windy and COLD. Did I mention cold? We usually get warmer rains. Maybe it will snow. IT does on occasion (pretty rare but happens).
Anyway, I popped in to check my Net Worth for 1/31. After about a year of this I am starting to notice a pattern. The stocks always seem to jump up the last day of the month. So it wasn't so bad. Down $500 from 12/31.
Cash is up around $250 (mostly interest). Paid $307 off the mortgage. $675 to retirement.
Which means about $1600 in stock losses.
I also have no idea how much BM lost on his 529. I get random statements. So the loss is probably a bit more.
We'll be in a place to contribute more like $1k/month to retirement, come summer. So I say bring it down!!! We just don't have that much to lose at this point. No complaints here... I think these storms will be tougher to weather (emotionally anyway) when we have more at stake. I don't really look forward to that. But for now I look forward to a chance to buy at some lower prices.
I understand that my Net Worth goal is not very attainable at this rate. But I guess I am going for a long term average more than anything and I knew it was pretty aggressive. I am happy with the amount we put in to up our net worth this month. The stocks will work themselves out.
Even if we don't refi, we are SO CLOSE to getting our mortgage interest under $1k/month. woohoo. Just a few more months. We past the $300 principal mark not too long ago... It feels a little more substantial and reflects on our net worth. Still no prepayments here though, as long as we have 10 tax-deferred investment options (about how it feels with all the ROTHS, 529s, UGMAs, HSAs, and on and on and on...). Though if we refi we will most certainly jump on the prepayment train. I have no desire to extend our mortgage beyond the current payoff date. No desire to start my 30 years over and drag it out. Though I guess I can't promise anything. Our mortgage literally just gets cheaper with time and the opportunity to plump up all our tax deferred investments probably isn't the worst. I guess we'll just have to see.
Either way would help the net worth. I guess that is what is important. & why it helps to look at the big picture. Likewise, I really enjoy tracking our net worth. It helps me to see the big picture.
Rain rain go away...
Yes, still sick of the rain.