December 2004 Financial Status

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Ok, my planned “grand opening” for this site is January 1, 2005, since 1/1/05 looked like a nice number, and I just don’t have time to make things nice-lookin’ right now.

But I did want to make a quick snapshot of my current status for historical purposes:

Assets: *= pre-tax
———–
Cash Savings: $54,983
Brokerage (non-retirement) $ 7,808
Roth IRA: $ 2,001
Traditional IRA*: $ 5,383
401k*: $11,000
529: $ 1,097
———————————————
Total: $82,272

Liabilities
————–
Credit Cards: $26,522

Net Worth: $55,750

Don’t worry, most of my credit card debt is in 0% APR accounts, or I pay off the balance every month. More on that later…

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Comments

  1. it’s amazing to see where it all started, I love seeing where great sites began!

  2. It’s pretty cool to look back at this and see where you started. I’m sure it must be refreshing for you too.

    The funny thing is that this is where you started, yet you were still thousands ahead of most people.

  3. Would you be willing to give us a 10 year update?? December 9, 2004 to December 9, 2014 “Where Are They Now?”

    My 2004 snapshot looked eerily similar to yours. Now 2 kids, 1 federal job, 8 properties, and several lucrative investments later, I’m curious to know how our differing investment tactics have paid off.

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