January 12, 2012

2011 Year End FInancial Summary

For the 2011 year we're up about $20,000 total in our net worth.    It would be up considerably more but our real estate continued to lose a lot of value.   We own rental properties as well as our home so a lot of our assets are in real estate.

Here is the trend in our assets showing 2009, 2010 and 2011 year end totals : 


As you can see our cash assets went up a fair amount over 2011.   I normally wouldn't want to have that much of our money sitting in cash but we've been home shopping so we've had a large amount of cash set aside for a down payment.   In addition our debt levels went down about $16,000 due to paying down our mortgages through the year.

--

No comments:

Post a Comment

I'm starting to get too many spam messages in the comments so I'm turning on moderation. Please be patient and wait for your comment to be approved. Note it may take up to a few days for approval, thanks. I've also had to remove anonymous posting of comments to cut down on spam and pure stupidity.

Blog Widget by LinkWithin