We continued to live below our means and save a huge portion of our income. But even though our portfolio is only mildly exposed to equity investments, we still took a hit from worst market performance in any January since 1928. As a result, our net worth retreated 1.4% and dipped below the $800k mark.
On the other hand, our mutual fund automatic investment plan is in its full throttle. $23,000 net purchase was made in the month, bringing our total investment exposure as a percentage of net worth by two points to 33.4%.
- The entire credit card balance is in 0% APR balance transfer deals or spending in the last 30 days.
- Tax liability grows as a result of incremental investment losses.
- Life still goes on … the MM family is celebrating Chinese New Year in a beach vacation in Hawaii. We are off to see the volcano!