Some time over the weekend I achieved the first of five goals I set for 2012.
Goal: Increase net worth by $50,000
Status: Achieved!
I've been fortunate this year. First, I couldn't have converted my IRA to a Self-Directed IRA at a better time. I locked in a small but respectable gain for 2012, which followed a market beating performance in 2011. Second, I sold the Cartier bracelets and several smaller items. I also received a $3,000 distribution from the bankruptcy trustee of American Business Financial Services. Finally, those rent checks keep paying down my debt. It hasn't been effortless, but I'm still surprised I did it this quickly.
Congrats on reaching your goal. My net worth has been steadily declining this year. I'll need to reverse that trend for the second half of the year.
ReplyDeleteI'm sure your recent changes have played a role in this. I'm sure you'll bounce back. Hope to hear more on your blog about the new van and your adventures.
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