Wednesday, June 6

Goals Update: I've Achieved A Goal!

Some time over the weekend I achieved the first of five goals I set for 2012.

Goal:  Increase net worth by $50,000

Status:  Achieved!

I've been fortunate this year.  First, I couldn't have converted my IRA to a Self-Directed IRA at a better time.  I locked in a small but respectable gain for 2012, which followed a market beating performance in 2011.  Second, I sold the Cartier bracelets and several smaller items.  I also received a $3,000 distribution from the bankruptcy trustee of American Business Financial Services.  Finally, those rent checks keep paying down my debt.  It hasn't been effortless, but I'm still surprised I did it this quickly.

2 comments:

  1. Congrats on reaching your goal. My net worth has been steadily declining this year. I'll need to reverse that trend for the second half of the year.

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    Replies
    1. I'm sure your recent changes have played a role in this. I'm sure you'll bounce back. Hope to hear more on your blog about the new van and your adventures.

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