Net Worth Update - September 2021

Net Worth | Balance Sheet | Equity | Financial Independence
Net Worth Update - September 2021

While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates.  Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets, but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly.  As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.

During September the S&P 500 finally took a breather from its incessant climb higher.  The S&P 500 fell 4.76% for the month and my net worth definitely followed along with it.   

During September my net worth decreased $41,486.60.  

Total Assets: $1,097,402.17
Liquid Assets: $447,149.56
Total Liabilities: -$149,176.60
Net Worth: $948,225.57

During September my net worth dropped 4.19%, but has risen 14.02% YTD.  

Welp, with September's pullback our net worth continues to just flirt with hitting the double comma club without being able to cross that threshold.  Eventually it will come and I'm not really pressing for it, but I will be a bit excited to see that officially occur.

With our non-mortgage debt officially gone as of February we don't have much of a goal as far as the balance sheet.  So it's stock pile cash for a possible down payment on some land/house or a business venture and continue funneling savings into the brokerage account.

At this time I don't believe it makes sense to pay extra on the mortgage given our relatively low interest rate as well as the tax break on mortgage payments and think we'll come out much further ahead investing the extra cash flow.  So the liabilities side of the net worth equation will be slow moving.  However, once the FI portfolio is able to get to a self-sustaining level of dividends then the plan is to aggressively pay down the mortgage.

As of the end of September we have 31.7% equity in our house based on our purchase price from 2013.  According to Zillow our house has increased in value around $104.2 k from our purchase price which is a nice bonus, although I keep the purchase price as the value in the net worth equations.  I'm not holding my breath on being able to get that kind of sale price in the market though.  Based on Zillow's estimate the equity in our house jumps to 53.8%.

The following chart shows my assets and liabilities, as well as my net worth, since January 2012.  While I have accurate records for my net worth dating back to July 2010, I didn't keep track of my assets and liabilities on a monthly basis until the start of 2012.
net worth | balance sheet | equity | financial independence

In order to give you a general idea of the breakdown of my net worth I include a % breakdown of our net worth with each monthly update.  The assets are broken down into cash, taxable investments, tax advantaged investments (401k, Traditional & Roth IRAs), house (using our purchase price) and other which covers things like our cars and various collectibles from when I was a kid and deeply discounted (they don't really move the needle at all but I have them in my spreadsheet because I was bored).
net worth | balance sheet | equity | financial independence | assets | liabilities

Since I write so much (or at least try to) about investigating companies as an investment I figured it'd be fun to see how our balance sheet looks.  At the end of September our debt to equity ratio is 16% and our debt to total capitalization is 14%.  Not bad, but I can't wait to get that debt down to ZERO!
capital structure | personal finance | net worth | equity | debt

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How did your net worth compare to the decline in the markets during September?  With just 3 months left in 2021 are you on track to reach any milestones?

Please share your thoughts below!


  1. September was a pretty bad month for just about everyone, lol. My net worth dropped as well, but luckily it bounced back in October. I think you are knocking on the door of $1 million now. :)

  2. September was not kind to our family's Net Worth either! But it seems that October is shaping out to be a nice recovery. Hoping to get back the losses from September, if not more! With the housing market in Southern California being as hot as it is, market still has room for growth, we expect to reach out 2021 goals by year end. AFFJ

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  4. Earlier mistakes in my stocks picking around 3 years ago and few recent ones, have my Australian shares portfolio in the red since then. Good news I'm improving in which industries and stocks I find easier to value and invest in. 2020 wasn't the best year for dividends paying stocks, majority of the companies I hold has substantially reduced their dividends or cut it. Things are slowly improving. Some key weeks in September & October have provided me with good buying opportunities as some stocks share price trended lower, and I have been observing them on my watchlist, and I hope I have improved my stocks selection criteria and buying at 'good' or not overly extended entry price. As steadily & slowly I'd like to increase the quality of growth & dividends paying stocks. Thank you. My Blog: Aussie Growth Investing


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