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

For the month of November from 11/1/06 to 11/30/06,

1. Networth is up by 9.59%.
2. Value of my company holdings (stock options, ESPP, etc.) is up by 21.79%
3. Everything else excluding my home and cash is up by 9.09%.
4. If including cash in #3, it’s up by 7.07%.
5. My savings of the last month were -0.20% of my total networth. Spending was higher than monthly income due to my vacation trip going back home to visit my parents.

For the past 7 months, 05/09/06 to 11/30/06,

1. Networth is down by 7.57%.
2. Value of my company holdings (stock options, ESPP, etc.) is down by 39.11%.
3. Everything else excluding my home and cash is up by 6.07%.
4. If including cash in #3, it’s down by 5.14%.
5. My savings since 05/09/06 were 1.04% of my total networth, or 56.09 years to replace all of my networth.

There were some scrambling in my portfolio, as detailed in my previous post. This month has been a good month, because both my portfolio and my company holdings went up quite a bit. My company stocks got hit quite big in the last week of November. Otherwise, it would be a lot better.

The spending exceeded my income this month, and I’m paying quite a lot of extra taxes every month now in the final months to make up any unpaid taxes due to misc. capital gain that I had earlier in this year.

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