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Net Worth

April 8th, 2008 at 01:04 am

Our net worth has increase by $40K in the last 3 months. This was mainly due to DH's bonus and the gov't co-contribution to my retirement fund. It could even be more if I actually increase the value of our house, but I like to value it very conservatively. I think it is probably about $30-50K more than what I value it right now, this is base on the value a house across us that got sold couple of months ago. There is a great demand for houses in Australia right now, which is pushing the prices up. Experts have predicted that value of housings could increase another 40% in the next 5-10 years. By that time, our house should double the value of our house from when we bought it.

Posted in Uncategorized | 3 Comments »

3 Responses to “Net Worth”

  1. Broken Arrow Says:
    April 8th, 2008 at 01:10 am 1207617024
    1207617024

    Wow, that's amazing!

  2. disneysteve Says:
    April 8th, 2008 at 01:30 am 1207618250
    1207618250

    That's great, especially considering that so many of us have seen our net worth's fall in the past few months due to the stock market performance. We are just now approaching even year-to-date and were down about $20,000 just a few weeks ago.

  3. baselle Says:
    April 8th, 2008 at 03:11 am 1207624282
    1207624282

    Sweet! Congratulations!

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