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URL:  http://boards.fool.com/fire-mid-year-update-2009-27852590.aspx

Subject:  FIRE mid-year update 2009 Date:  7/31/2009  4:26 PM
Author:  whyohwhyoh Number:  4742 of 5069

A bit late, but here is a mid-year update on our retirement goals....

--Net worth down 19% since 1/1/09. Now at 2.9 NW/AI at age 35.

Current Portfolio:
27% Picked Stocks
26% 401k Mutual Funds (75% S&P500 index fund)
44% California Real Estate (Our House Value*0.93-Mortgage)
4% Fixed Income (Savings, CA-exempt MM)

2009 Notes so far:
We made the move and sold our small home to purchase a much larger house in the same area. This was a very difficult process, especially with 2 small children, but we felt it was the best time to make the jump. We could never have afforded anything like this home last year. We purchased a home that lost nearly 40% of its value during the crash, and locked in a 4.875% 30yr fixed loan. I sold quite a bit of stock to bring the down payment up to 25%... ravaging our Roth accounts. We are on schedule to fully fund my 401k this year, and will fund an HSA as well, maybe 2 ESAs. Not continuing Roths going forward.

Despite the hit to our net worth mostly from the costs of selling/moving and purchasing + fixing up a new home, financially I feel very stable going forward with the potential for a huge upside if the housing market recovers. We are in a comfortable home that we purchased at a great value and should provide excellent inflation protection, and my career & company are doing very well.

NW/AI historical chart
http://pic40.picturetrail.com/VOL362/677161/15775683/3708420...

2008 Update: NW/AI=3.7
http://boards.fool.com/Message.asp?mid=27349532

2007 Update: NW/AI=5.3
http://boards.fool.com/Message.asp?mid=26243566

2006 Update: NW/AI=4.6
http://boards.fool.com/Message.asp?mid=24999370

2005 Update: NW/AI=3.7
http://boards.fool.com/Message.asp?mid=23507890

2004 Update: NW/AI=2.5
http://boards.fool.com/Message.asp?mid=21842676

2003 Update: NW/AI=1.4
http://boards.fool.com/Message.asp?mid=20380221
--
whyohwhyoh
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