Here's a short post on where my net worth ended up for 2005:
- Net worth was up 6.3%. This is not bad considering the S&P 500 was up 3%, but still it was my second-worst year on record since I started tracking my net worth in 1996.
- This lowered my compounded annual growth since 1997 to 16.2%, down from 17.4% through last year.
For 2006, I'll continue to invest regularly through dollar cost averaging. I have a bunch of low-priced shares now, so any decent upswing in the market should help me out. In addition, I'll keep saving for retirement by fully maxing out my 401k as well as socking some away in taxable accounts. I think 2006 is going to be a great year for my net worth!
Update (1-31-06): Ok, I was a Bozo and forgot that my year-end distributions hadn't been added in yet to get an accurate ending net worth for 2005. I have since added them in and I finished the year up 7.2%, which makes my CAGR 16.3% through last year. Yes, a bit better.
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