Mid-Year Review

It's time for a mid-year review of our financial situation.

See our January 2010 diagnosis

As of the end of the second quarter, we've increased our overall net worth by 3.5%, which is not on pace with our year-end goal by a long shot.

The shortcoming is primarily due to the overall condition of the stock market, as most of our net worth is in my 401(k) and ETrade account.

Again, we're sitting on a modest increase YTD, even though the S&P 500 was down 6.5% through the second quarter.

Had the market simply broke even through June, our personal net worth would be in a great place. But, that is what comes with riding the market long-term -- ups and downs (historically more ups than downs).

Our Asset Allocation
23% Foreign
19% US Bonds
18% US large cap
14% US small cap
13% cash
10% REITs
2% commodities
1% Prosper loans


From the cash flow side of it, we went way overboard on our vacations this year. We are over budget by about 200%.

But, our justification for the cost was that it was Mel's birthday. Besides, we had a blast, and when viewed as a percentage of net worth, the cost was minuscule.

As Brad said in Key West, "You can't put a price on a good time."

True that.

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