One of the main purposes of this blog is for me to track my progress to financial independence which I am well on my way to achieving. 2016 has been a volatile year and I happen to be writing this after stocks have significantly rebounded. Note: if you’re just joining us you can view my most recent net worth update here.
The big news: The Quietly Crushing It household has officially crossed $300,000 in investments! While I have a feeling it won’t last, it is still worth celebrating and documenting.
The format of these updates will develop over time, but here is a snapshot of my net worth as of March 5, 2016.
Mr.QCI Net Worth
P2P Lending: $22,798
Vanguard Rollover IRA: $64,556
Vanguard Roth: $22,926
Vanguard Taxable: $53,929
Individual Stocks/Other Investments: $2986
HSA (amount invested only): $6,707
Total Investments: 196,293
Even with the market still being down from all time highs my portfolio saw all time highs due to maxing out my Roth IRA for the year and also investing into my taxable account. Investments were somewhat boosted from my recent Airbnb experiment.
Assets (Zillow estimated): $387,125
Liabilities (3 Mortgages): -$256,629
Net Worth: 330,789
I don’t necessarily trust Zillow estimates, but this is what I am reporting for now. I continue to make minimum payments on all of my mortgages. You can see my real estate holdings here.
Miss QCI Net Worth
Vanguard Roth IRA: $21,262
Rollover IRA: $3,439
Vanguard Taxable: $47,975
Total Investments: $105,894
Net Worth: $108,694
Miss QCI, my wonderful significant other continues to crush it as well. She puts 50% of her income into 401k (the max allowed by the company) and still has room to invest in a taxable account – amazing!
Net Worth: $439,483
By the end of 2016, our net worth should approach the half a million mark and if the market cooperates we may even surpass $400,000 in investments. Stay tuned.