My Financial Report - January 2009

Net Worth - December 2008

Net Worth
Our net worth finally rebounded by 2.85% (+$4,669) in the end of 2008.
Bank and Cash Accounts
The majority of my cash is sitting in high-yield savings accounts such as E*Trade Bank (3.01%-3.30% APY) and HSBC Direct (3.00% APY).
Other Assets
That’s not a Zillow estimate but the price we paid ($201K) two years ago. Zestimate for our house is currently at our purchase price.
Investment Accounts
- CDs
  I have a total of three CDs: A 6-month CD (4.00% APY) at HSBC Direct ($8K) maturing in April and two 12-month CDs (4.25% APY) at ING DIRECT ($23K) maturing in November.
- I-Bonds
  I also have some I-Bonds ($10K) bought in April 2008 (~4.43% APY).
- Portfolios
  In December, our retirement portfolios showed some life (+7.8% vs. S&P 500: +0.78%). The 401(k) and Roth IRA accounts ($62K) were fully maximized in 2008. My taxable account (+3.6%) at Zecco ($15K) finally had its first ever positive month since opened last summer.
Credit Cards
- Balance Transfers
  I currently have two 0% APR balance transfer offers ($22K), and the borrowed money is earning interest in CDs.
- Usage
  I paid nearly all my expenses ($3K) with my favorite cash rebate credit cards - Chase Freedom (3% cash back in top 9 categories) and Chase Business Cash Rewards (3% cash back at gas stations, restaurants, and home improvement stores). The total balance is to be paid off at the end of the billing cycle.
Loans
The only debt we have is the mortgage of our house.