Sunday, December 30, 2007

Step 19 - Quick update

Here is just a quick update on the current state of my doubling Net Worth. Although there is no much changes since last update, Net Worth went down. The main reason for this is the lower value of USD, and significant part of my Doubling Assets are denominated in USD. I expect that when trading takes off at the beginning of January eventual profits from forex trading will offset the negative effect of weakening US dollar.


Assets


Cash 1,584.71
Money market fund 14,035.76
Forex trading account 9,905.90
Online investment program 425.43
Personal loan 110.00


Total assets 26,061.79




Liabilities


Credit card balance 10,212.48


Total liabilities 10,212.48




Net worth 15,849.32


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