Net worth change in 2018

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  • Avatar wideopenspaces 
    Status: Physician
    Posts: 977
    Joined: 01/12/2016

    Investment return was -2.5 percent for the year. But networth was up 175k due to realization of market appreciation when we sold our house over the summer. Only 25k of networth increase came from our retirement accounts thanks to the negative return, despite investing a lot more than 25k. Overall I’m pretty happy.

    #178377 Reply
    fatlittlepig fatlittlepig 
    Status: Physician
    Posts: 748
    Joined: 01/26/2017

    don’t know, don’t care. info not going to change management


    #178384 Reply
    Lithium Lithium 
    Status: Physician
    Posts: 1069
    Joined: 02/15/2016

    Ignoring the value of the house, which was paid off before the start of the year, I was up about 7%.  Meh.  International and small/value tilting did not serve me well at all.

    #178385 Reply
    q-school q-school 
    Status: Physician
    Posts: 2361
    Joined: 05/07/2017
    Splash Refinancing Bonus

    I forgot to add that I took a ton of TLH 2018 which I have not been able to do for quite some time

    #178386 Reply
    Avatar Tim 
    Status: Accountant
    Posts: 2306
    Joined: 09/18/2018

    @Vagabond MD,
    Your point is well taken. Most here, at least the younger are so focused on the uphill drive that they basically ignore the downhill risks. Can lead to mistaken allocation choices. Alternate sources of income represent additional diversification.
    Your friend is simply facing sequence risk. For his sake, hope he can handle at least one or two down years.

    #178387 Reply
    Avatar AMR 
    Status: Physician
    Posts: 4
    Joined: 07/12/2017

    2018 Was a great year (all things considered). Retirement accounts hit over 100k for the first time, graduated residency and started a big Boy job. Now maxing out 401(a), governmental 457, 2 Roth IRA’s, and the HSA. Even have some loan repayment help through my employer. Net worth “rose” to a high of -$58,000 by the end of the year which is nice given my multiple 6 figures in loans. Hope to be #backtobroke half way through this year. Living like a resident is easier when you’ve committed to it before seeing the higher paychecks and the current market is easy to stomach when there’s not much in the accounts yet. Oh, and the WCI conference was OK I guess (/s, it was great).

    #178408 Reply
    Avatar ajm184 
    Status: Other Professional
    Posts: 553
    Joined: 07/14/2017
    Earnest refinancing bonus

    NW +1% yoy.  Contributions to investments and significant mortgage debt reduction drove the input side.  The headwinds were in investment contribution timing throughout year driving average cost upward with the last quarter/month market negative volatility driving investment valuations lower.  No changes to AA, annual rebalancing executed yesterday.

    Is the tide going out, and who has on their swimsuit?

    #178412 Reply
    Liked by PhotonsRGR8
    Craigy Craigy 
    Status: Spouse
    Posts: 1907
    Joined: 09/16/2016

    About 100%.

    My strategic decision to begin the year with a very small net worth was absolutely critical.


    CordMcNally CordMcNally 
    Status: Physician
    Posts: 2255
    Joined: 01/03/2017

    It increased about 19% (in strictly investment accounts) for the year thanks to being able to squirrel away money. I haven’t calculated what my investment return is for the year but it’s basically going to mirror what any of the total stock funds did.

    “But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
    ― Benjamin Graham, The Intelligent Investor

    #178435 Reply
    Avatar okayplayer 
    Status: Physician
    Posts: 94
    Joined: 05/25/2016

    From 111k to 452k, so up 400% I guess. Not because of my investments, which were all down I think.

    Obviously early in my career. 2 physician household.

    #178440 Reply
    Avatar LizOB 
    Status: Physician
    Posts: 313
    Joined: 06/05/2017

    Up 72k which is about 12% from the start of the year. Would have been more if not for the 4th quarter returns, and paying for a new minivan in cash (I don’t include the value of the cars in net worth)

    #178445 Reply
    Avatar Bmac 
    Status: Physician
    Posts: 290
    Joined: 10/21/2017

    Down around 800K.  Trying not to figure it out.  I had assumed it was over a million so I was relieved.

    Click to expand…

    @hatton1 did your net worth really drop $800k from 1/1/2018 to 1/1/2019 or was that the drop from around the time that the market topped out in 2018? Because we have certainly experienced a similar drop from the market highs, but not from start to finish of the 12 month period.

    #178461 Reply
    Liked by PhotonsRGR8
    hatton1 hatton1 
    Status: Physician
    Posts: 2979
    Joined: 01/11/2016

    From the top

    #178464 Reply
    Avatar FirstNobleTruth 
    Status: Physician
    Posts: 14
    Joined: 03/24/2017

    -40k -> #backtobroke -> now up to +60k.

    #178478 Reply
    Avatar Firefly 
    Status: Physician
    Posts: 41
    Joined: 07/31/2018

    NW up 1195% due to hitting back to broke around the new year last year and massive savings and loan pay off this year.  We saved about 75% of take home. Though taxable account that we started this year is down 8% from basis.

    #178504 Reply

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