My 1st Million At 33 – yes, you can do it too

For the month of September from 08/31/06 to 09/30/06,

1. Networth is down by 2.78%.
2. Value of my company holdings (stock options, ESPP, etc.) is up by 9.08%
3. Everything else excluding my home and cash is down by 9.15%.
4. If including cash in #3, it’s down by 7.30%.
5. My savings of the last month were 0.37% of my total networth, or 22.52 years to replace all of my networth.

For the past five months, 05/09/06 to 09/30/06,

1. Networth is down by 17.02%.
2. Value of my company holdings (stock options, ESPP, etc.) is down by 48.19%.
3. Everything else excluding my home and cash is down by 9.7%.
4. If including cash in #3, it’s down by 7.15%.
5. My savings since 05/09/06 were 1.11% of my total networth, or 37.54 years to replace all of my networth.

You can find all the details in this current networth page.

Here is the quote from last monthly review:

….Not only that, gold market is almost at the point of BIG resolution. I will be watching really closely on the gold market. Furthermore, crude oil’s spot may be close to a low point, I may also be making my move into more energy stocks to take advantage of this low point. The next 1 to 5 weeks, the stock market, CRB, and the gold market will give us an answer of what they want to do. For very aggressive traders, they should take a position right now and put a very tight stop. BIG BIG profits (or losses) will be made in the next 4 weeks! I don’t have a crystal ball, but if you want to take a stand (either long or short) in either gold, energy, or the general stock market, NOW(today, or within days) is the time!

Unfortunately, it turned out that the market did NOT work out in my favor. I suffered a big loss in my own managed portfolio. But fortunately, with my roughly balanced leveraged portfolio, my company holdings saved the day, and made up most of the losses that I’ve incurred this month. However, when looking at since 05/09/06, majority of losses were incurred due to my company holdings.

Special note: returns were calculated by subtracting 3.00% APR return of my cash position.