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.


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