A modest net worth increase this month in spite of some excessive spending. The turn around in the markets lifted my investments 13% in value over last month which is really freakin good one month returns so I’m pleased with that. Those market gains helped to offset some one time purchases including some motorcycle riding gear, and a couple hundred dollars worth of camping equipment. There was also a large payment for some business education and software tools, and advertising costs.
May is not looking any better in terms of expenses. I’m looking at getting a motorcycle sometime in the next week or so, and also looking at several apartments trying to find a nicer/newer building to live in. Those two things will eat into my cash flow and probably take a big bite out of my net worth. To offset that I’m going to avoid eating out this month.
The thought also crossed my mind that it might be a good idea right now to get a loan to make some investments. The market already bottomed out and I think it’s on track for a very fast recovery (faster than expected). I’m looking for some good ETFs to get into for some short term trades.