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

For the month of September from 09/30/06 to 10/31/06,

1. Networth is up by 2.80%.
2. Value of my company holdings (stock options, ESPP, etc.) is down by 0.60%
3. Everything else excluding my home and cash is up by 5.45%.
4. If including cash in #3, it’s up by 4.49%.
5. My savings of the last month were 0.09% of my total networth, or 92.6 years to replace all of my networth.

For the past six months, 05/09/06 to 10/31/06,

1. Networth is down by 14.70%.
2. Value of my company holdings (stock options, ESPP, etc.) is down by 48.51%.
3. Everything else excluding my home and cash is down by 3.52%.
4. If including cash in #3, it’s down by 2.40%.
5. My savings since 05/09/06 were 1.29% of my total networth, or 40.98 years to replace all of my networth.

You can find all the details in this My Networth page.

The last week or so, precious metal markets had a bigger jump. My portfolio came back and made up most of the losses in the last month, but not yet everything. I have not made any further move in precious metal markets. So far, I still remain neutral to slightly bullish. I still think there is a chance of going down to 530 area for gold spot.

My year-to-date (or rather starting from 05/09/06) networth is still plagued by the big drop in my company (leveraged) holdings. I do not forsee that I can make up this drop anytime soon (in years). The drop has caused about 15% drop in my networth, and the absolute magnitude is not easy to stomach by any means.

My savings this month is particularly meager due to advanced charges for my upcoming vacation trip.

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