My Personal Finance Journey

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2011 Year-End Update ($1,212,450)

Contributed by mm | January 2, 2012 4:57 PM PST

What a coincidence! S&P 500 ended the year of 2011 within 0.01% of where it was at the beginning of the year.

What it means for our household financial life is that while we had our fair share of the rollercoaster financial ride of the year, we barely received any return from our $1M-strong investment portfolio at year end (but fortunately we didn't lose either). Still, we saved our way toward a year-end net worth tally of $1,212,450 with an annual increase of $90,083, or 8.0%.

6418-annualnetworth.gif

And another view of our annual net worth changes -- it is a much choppier ride as we managed thru the financial market ups and downs in recent years.

6418-annualchange.gif

Admittedly, we missed our original 2011 net worth goal of $1.27M by a handsome margin. The original planning, of course, assumes a 5% return from our investment, which didn't happen. But we have been taking a long-term view toward investment and retirement planning. As long as we continuously feed more savings into our portfolio, and we prudently invest by taking measured risks, our long-term financial security can be expected.

One more chart of year-end balance sheet comparison:

6418-balancesheet.gif

Obviously, there are a lot of position movements during the course of the year. One major change I need to call out is the rapidly expanded "Fixed Income" line -- we invested over $300,000 into a guaranteed return pseudo-fixed income fund in China. (I've done thorough modeling on the issue and I'm convinced that we have very little downside but are guaranteed ~6.5% annual dividend plus modest capital appreciated opportunities.) Compounded with over 30% in cash (in money market accounts mostly), our portfolio still reflects a very conservative stand given the uncertainty of the market.

So, how did 2011 treat you?

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RichUncle EL Commented on January 10, 2012

Obviously we all had modest or no gains in the stock market, so we can only count on what we saved, company match, and reinvestments to our accounts as a way to increase our bottom line. Compared with last year the beginning of this year my networth increased by about 10K. Small compared to your but I will look at improving this in 2012.


Valeriu Commented on January 16, 2012

Good luck with the Chinese fund! Hopefully it will make up for the incomplete net worth goal!


Tammy Dillard Commented on December 28, 2013

Thanks for your insightful input! waiting for your new updates for 2013-14.



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