January 2010 Net Worth Report (-$1,911)

Feb 01, 2010 @ 09:55 am by EMS

In a frustrating turn of events, January ended up being one of our least expensive months over the past 12, but we still ended up down almost $2,000 due to market conditions.  I’m pretty much conditioned to losing months in the stock market, but it’s never pleasurable to report.

The good news is that we are on target for opening our next $5,000 emergency fund CD at the beginning of March.  We’ll probably have to sell a few of our more liquid stock investments, but nothing too big.

We did have a few unexpected expenses in January, including a new vacuum ($200) and a new iPod Touch ($265).  The original items malfunctioned over the month and needed replaced.  The iPod Touch is the one gadget that I use daily and the original 1st generation device that I had purchased almost 3 years ago broke in the middle of the month.  The audio stopped playing for some odd reason, and I’ll recycle it by giving it to the kids to use (the don’t usually use the headphones, but rather play games).

January 2010 Net Worth

February should be another fairly cheap month.  Hopefully the market can turn around and continue its recovery.

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