Starting Net Worth: $56,183
The end of 2023 brought a wave of excitement thanks to strong performance in the stock market. With our aggressive investment strategy, November ended up being our biggest single-month increase in net worth so far. It was a great reminder of the power of staying invested and aligned with our long-term goals. With that momentum behind us, we started to look ahead to our next financial milestone: purchasing a new home. Even though we had only bought our current duplex seven months earlier, we knew we eventually wanted to move into a single-family home of our own. The idea is to rent out both sides of the duplex, turning it into a fully cash-flowing investment property.
To start working toward that next step, we opened a dedicated money market account and began making systematic contributions that would go toward a future down payment. We also made a one-time $5,000 deposit to give the account a solid foundation. This month was a great example of how our financial picture continues to evolve. As one chapter starts to feel more stable, we’re already laying the groundwork for the next.
Ending Net Worth: $69,575
None of the above information is a recommendation. This blog is purely intended as commentary on things that have happened along our financial journey.