I didn’t do one of these in November, due to my post-election lack of interest in money, and I just wrote a big spending analysis for the year. So rather than doing my normal monthly spending analysis, I’m just going to put the chart in comparing where I’m at right now (December 24) to where I was on October 31.
Obviously, the tremendous improvement in the markets over the course of November and December helped a lot. I made some changes to my investments yesterday — basically, I’d been 100% in stocks, and I decided I didn’t want to do that right now, and moved some into bonds — so even if the market keeps going up after New Year’s I won’t see this kind of growth. I’m ok with that.
To be honest, because the market feels ridiculously overvalued right now, I think some of this is phantom. Phantom or not, however, I’m ending 2016 with a net worth of $57399.43, an increase of $23119.20 for the year. This beat my goal of $22,000, though it didn’t quite make it to my secret goal of $24,000, or an even $2000/month. Still, in a year which ended up being a lot less stable, income-wise, than I wanted, and simultaneously a lot spendier than 2015, I think this is pretty good. Hopefully half of it won’t disappear in a stock market correction in January 🙂