I thought I'd use a "catchy" title this time since the results are sadly much more pedestrian....
My net worth this month is up, but barely crawled on by. The reason?
For one, I lost a little bit on the stock trading. Not much, but every little bit counts.
A much bigger loss is from transferring my old 401(k) out to my new rollover IRA. Yes, it's finally complete as of... well, just this morning! Actually, that's the good news, because I really didn't like my old 401(k) at all.
The bad news is that the loss came from losing some of the vested money due to my employer change.... I suppose this part can't be helped, but it still affected this month's bottom line.
Fortunately, the losses appear to be covered by the combination from rebuilding my cash reserve and last month's overall market performance.
On a separate note, my old 401(k) mailed me a check to give to Scottrade (where my rollover IRA is). Is that normal? I would think it'd make more sense if they would mail the check directly to Scottrade instead?
March Net Worth Madness!
March 31st, 2009 at 03:46 pm
March 31st, 2009 at 05:43 pm 1238517826
March 31st, 2009 at 08:11 pm 1238526719
April 1st, 2009 at 01:52 am 1238547163