Tuesday, October 3, 2017

I Have Written My First Book!

Seven Steps to Seven Figure Net Worth by [Totus, Liberius]I have read hundreds of books related to finance, investing, and money, but have yet to come across a simple guide to achieve a seven-figure net worth and financial freedom.

Some of these books are too dense. Some are impractical or too demanding for everyday people. Worse yet, some are really advertisements in disguise for their authors' lucrative money management services aim to transfer your money to them.

I started with zero net worth back in 2010 when I started working full-time and gradually built it up to a seven-figure net worth seven years later in July 2017. You can track my annual balance sheet here and the latest updates on my net worth here.

Looking back over these seven years, I realized a few things. I was fortunate to have gotten a good education and reasonably well-paid job. A high savings rate is paramount. Prudent investing of these savings is crucial. I could have achieved seven figures sooner if I had known how to accomplish these things earlier.

Hence, I decided to write this book. Herein is a simple roadmap in seven steps that anyone can follow to achieve seven figures and financial freedom. This is the book I wish I had read when I was a teenager.

In this book, you will learn:

  • Why education is important and how to obtain a good education and subsequently a well-paying job;
  • A myriad of strategies to save money and achieve a high saving rate, and why this is the key to building a high net worth;
  • How to invest your money in retirement versus taxable accounts: simple and yet powerful truths that your financial advisor does not want you to know;
  • Prudent risk management when applying leverage to accelerate wealth accumulation;
  • How to minimize irreparable financial setbacks in your journey;
  • And much more.

This book is now available as either a Kindle edition or a paperback version

This book is meant to be read a number of times and kept as a reference, especially the concepts about savings and investing that must be kept fresh in mind. 

I hope those who read my book really enjoy it. I have put my effort over the past year writing this in my spare time. If you have any helpful feedback on the book, please let me know so I can incorporate and acknowledge them in a future revision of the book. 

Please spread the word on the book if you enjoy it. Your continued support is very much appreciated!

Income & Expenses For September 2017

Since 2014, I have been tracking my monthly income and expenses. You can see a breakdown of every penny I earn and spend. For perspective, this budget is for a household of two in a small US city. By documenting my journey, I aim to demonstrate the feasibility of saving a significant portion of your income and provide some ideas and inspiration for your own budget.

Below are my income and expenses for September 2017. You can see all my monthly budgets here.
Sept 2017
Income
Wages$13,171.36
Dividends$2,599.53
Other Income$185.70
Total Income$15,956.59
Expense
Federal Income Tax$1,454.58
Federal Tax Pmt/(Refund)
FICA-SS$427.02
FICA-Medicare$99.87
Housing$450.00
Student loan repayment$35.70
Food$189.65
Cell phone$12.22
Electric$53.02
Clothing/laundry$4.00
Other Expense$141.00
Total Expense$2,867.06
Ex-Tax Total Expense$885.59
Surplus/(Deficit)$13,089.53
Before Tax Saving Rate82.03%
After Tax Saving Rate93.66%

Income
Wages remain my primary source of income by far. Dividend income hit a new all-time high. 

Here is a chart of my dividend income by month for the past 13 months:


Total dividends for the trailing twelve months: $15,488.41, up 15.7% from a year ago.

Expense
Food expense this month was higher than usual due to stocking up on some non-perishable goods. Electric also hit a seasonal high due to higher than normal AC use during a hot summer. The $141 "other expense" is a biennial licensing fee. All other expenses this month were typical recurring expenses.


Total expenses for the trailing twelve months: $10,109.97, up 5.92% from a year ago.


Dividend to expense coverage ratio = 1.53, another new high! 



Savings
My after-tax saving rate was 93.66% for the month of September 2017, exceeding my 90% saving rate target. I am optimistic that my saving rate will average above 90% for the remainder of the year.


Saturday, September 30, 2017

Portfolio Update September 2017

The time has come for my monthly portfolio update. At the end of every month, I will update my portfolio and comment on any changes. I do that for accountability and also so you may glean some ideas on how I allocate my capital. You have the opportunity to learn from what I do well, so you can do the same, as well as what I do poorly, so you will not have to repeat my mistakes.

Follow my real-time portfolio here. Below is a snapshot of my stocks and ETFs portfolio as of 9/30/17:
TickerPriceShares HeldCost BasisTotal InvestedMarket ValueG/L ($)G/L (%)Weight
Total$46.2917876.39369$36.08$645,048.51$827,471.39$182,422.8828.28%100.00%
IJR$74.22859$68.38$58,739.20$63,754.98$5,015.788.54%7.70%
BDX$195.95176.501503$87.25$15,400.00$34,585.47$19,185.47124.58%4.18%
VWO$43.57733.27284$39.39$28,885.07$31,948.70$3,063.6310.61%3.86%
AFL$81.39330.7075$49.29$16,300.00$26,916.28$10,616.2865.13%3.25%
XOM$81.98311.189707$77.44$24,100.00$25,511.33$1,411.335.86%3.08%
EXC$37.67578.812$30.06$17,396.43$21,803.85$4,407.4225.34%2.63%
AZO$595.1133$674.61$22,262.08$19,638.63-$2,623.45-11.78%2.37%
NSC$132.24132.614$76.16$10,100.00$17,536.88$7,436.8873.63%2.12%
BRK.B$183.3292$122.05$11,228.54$16,865.44$5,636.9050.20%2.04%
EMR$62.84256.584959$49.11$12,600.00$16,123.80$3,523.8027.97%1.95%
BMTC$43.80354.088485$24.57$8,700.00$15,509.08$6,809.0878.27%1.87%
WMT$78.14198$66.65$13,196.52$15,471.72$2,275.2017.24%1.87%
VFC$63.57227$57.56$13,066.38$14,430.39$1,364.0110.44%1.74%
GILD$81.02174$75.87$13,202.24$14,097.48$895.246.78%1.70%
SPGI$156.3190.139965$45.48$4,100.00$14,089.78$9,989.78243.65%1.70%
LMT$310.2944.233058$96.91$4,286.67$13,725.08$9,438.41220.18%1.66%
UL$57.96229$41.80$9,572.56$13,272.84$3,700.2838.66%1.60%
AZN$33.88344$22.13$7,613.49$11,654.72$4,041.2353.08%1.41%
MCD$156.6872$104.07$7,493.25$11,280.96$3,787.7150.55%1.36%
MSFT$74.49147$40.12$5,897.98$10,950.03$5,052.0585.66%1.32%
NKE$51.85203$51.28$10,410.52$10,525.55$115.031.10%1.27%
SON$50.45205.0909$36.33$7,450.00$10,346.84$2,896.8438.88%1.25%
ESLT$147.0870$36.86$2,580.05$10,295.60$7,715.55299.05%1.24%
YORW$33.90295.849$22.14$6,550.00$10,029.28$3,479.2853.12%1.21%
INTC$38.08245$27.34$6,698.92$9,329.60$2,630.6839.27%1.13%
NVS$85.8599.307$74.52$7,400.00$8,525.51$1,125.5115.21%1.03%
PEP$111.4372.811814$80.13$5,834.51$8,113.42$2,278.9139.06%0.98%
BUD$119.3068$108.73$7,393.41$8,112.40$718.999.72%0.98%
KO$45.01176$41.89$7,372.00$7,921.76$549.767.46%0.96%
NVO$48.15163$38.92$6,344.74$7,848.45$1,503.7123.70%0.95%
VMI$158.1049.586$124.03$6,150.00$7,839.55$1,689.5527.47%0.95%
SNY$49.79150.372$40.57$6,100.00$7,487.02$1,387.0222.74%0.90%
PEG$46.25149.478$29.77$4,450.00$6,913.36$2,463.3655.36%0.84%
RL$88.2976$90.84$6,904.03$6,710.04-$193.99-2.81%0.81%
BEN$44.51150$35.26$5,289.56$6,676.50$1,386.9426.22%0.81%
GWW$179.7537$169.75$6,280.76$6,650.75$369.995.89%0.80%
BCR$320.5020.685936$96.68$2,000.00$6,629.84$4,629.84231.49%0.80%
DIS$98.5767$95.88$6,423.84$6,604.19$180.352.81%0.80%
SAN$6.94925$6.78$6,273.42$6,419.50$146.082.33%0.78%
PG$90.9868.38$61.42$4,200.00$6,221.21$2,021.2148.12%0.75%
ATGE$35.85167$22.09$3,688.64$5,986.95$2,298.3162.31%0.72%
SRCL$71.6283$80.58$6,688.29$5,944.46-$743.83-11.12%0.72%
GPS$29.53200$20.99$4,197.60$5,906.00$1,708.4040.70%0.71%
FOSL$9.33633$18.50$11,710.06$5,905.89-$5,804.17-49.57%0.71%
CSX$54.26108$21.04$2,272.36$5,860.08$3,587.72157.89%0.71%
OGZPY$4.191390.2431$6.09$8,464.47$5,825.12-$2,639.35-31.18%0.70%
AAN$43.63133$22.62$3,008.06$5,802.79$2,794.7392.91%0.70%
VIG$94.7960$59.80$3,587.92$5,687.40$2,099.4858.52%0.69%
MAT$15.48358$27.91$9,990.55$5,541.84-$4,448.71-44.53%0.67%
VEA$43.41127.18957$30.97$3,938.54$5,521.30$1,582.7640.19%0.67%
CTSH$72.5475$53.00$3,975.00$5,440.50$1,465.5036.87%0.66%
UHS$110.9447$122.89$5,776.00$5,214.18-$561.82-9.73%0.63%
SBRCY$14.27346$6.18$2,137.25$4,937.42$2,800.17131.02%0.60%
VIAB$27.84177$41.08$7,271.21$4,927.68-$2,343.53-32.23%0.60%
AN$47.46101$46.53$4,700.00$4,793.46$93.461.99%0.58%
LUKOY$53.0389$49.38$4,395.19$4,719.67$324.487.38%0.57%
GIS$51.7690.016$42.21$3,800.00$4,659.23$859.2322.61%0.56%
RBCAA$38.89118$21.26$2,508.83$4,589.02$2,080.1982.91%0.55%
CVS$81.3255$86.86$4,777.31$4,472.60-$304.71-6.38%0.54%
HPQ$19.96220$8.89$1,956.29$4,391.20$2,434.91124.47%0.53%
JNJ$130.0132$61.42$1,965.54$4,160.32$2,194.78111.66%0.50%
DGS$49.0383.77$44.07$3,691.36$4,107.24$415.8811.27%0.50%
CHL$50.5777.42$47.44$3,672.95$3,915.13$242.186.59%0.47%
FISV$128.9630$100.80$3,024.00$3,868.80$844.8027.94%0.47%
FOX$25.79146$25.60$3,736.97$3,765.34$28.370.76%0.46%
FNDE$28.66129.85$24.59$3,193.03$3,721.50$528.4716.55%0.45%
BVN$12.79282$9.23$2,601.60$3,606.78$1,005.1838.64%0.44%
RHHBY$32.00112$30.80$3,449.74$3,584.00$134.263.89%0.43%
PII$104.6334$76.53$2,602.00$3,557.42$955.4236.72%0.43%
K$62.3752.479$49.42$2,593.58$3,273.12$679.5426.20%0.40%
HPE$14.71220$9.77$2,150.40$3,236.20$1,085.8050.49%0.39%
SBS$10.46307$4.92$1,510.38$3,211.22$1,700.84112.61%0.39%
CVX$117.5027$86.38$2,332.19$3,172.50$840.3136.03%0.38%
HSIC$81.9938$77.84$2,958.00$3,115.62$157.625.33%0.38%
TIF$91.7833$60.25$1,988.40$3,028.74$1,040.3452.32%0.37%
BBBY$23.47123$36.76$4,521.88$2,886.81-$1,635.07-36.16%0.35%
CEO$129.7021.66$144.63$3,132.74$2,809.30-$323.44-10.32%0.34%
PPL$37.9570.806$23.68$1,676.52$2,687.09$1,010.5760.28%0.32%
DE$125.5921$74.65$1,567.56$2,637.39$1,069.8368.25%0.32%
WBA$77.2233$36.78$1,213.89$2,548.26$1,334.37109.93%0.31%
DHR$85.7829$79.24$2,298.10$2,487.62$189.528.25%0.30%
PAYX$59.9641.254$32.72$1,350.00$2,473.59$1,123.5983.23%0.30%
TLK$34.3072$16.17$1,164.01$2,469.60$1,305.59112.16%0.30%
IBM$145.0817$133.64$2,271.92$2,466.36$194.448.56%0.30%
LLY$85.5428$35.93$1,006.02$2,395.12$1,389.10138.08%0.29%
HCN$70.2832.6682$55.10$1,800.00$2,295.92$495.9227.55%0.28%
DISCA$21.29106$24.09$2,553.67$2,256.74-$296.93-11.63%0.27%
OGS$73.6429.903$33.44$1,000.00$2,202.06$1,202.06120.21%0.27%
DLTR$86.8225$76.92$1,923.08$2,170.50$247.4212.87%0.26%
ORLY$215.379$189.26$1,703.36$1,938.33$234.9713.79%0.23%
WLK$83.0923$44.00$1,012.00$1,911.07$899.0788.84%0.23%
TGT$59.0132$59.00$1,887.92$1,888.32$0.400.02%0.23%
SGTZY$5.07371$6.45$2,392.73$1,880.97-$511.76-21.39%0.23%
FSBK$18.53100$4.51$451.00$1,853.00$1,402.00310.86%0.22%
WFC$55.1532$45.86$1,467.50$1,764.80$297.3020.26%0.21%
SAM$156.2011$133.65$1,470.10$1,718.20$248.1016.88%0.21%
BP$38.4344$39.34$1,731.17$1,690.92-$40.25-2.33%0.20%
OAOFY$43.2438$28.59$1,086.23$1,643.12$556.8951.27%0.20%
SJI$34.5347.5645$24.18$1,150.00$1,642.40$492.4042.82%0.20%
GGG$123.6913$73.00$949.00$1,607.97$658.9769.44%0.19%
CAH$66.9224$68.63$1,647.08$1,606.08-$41.00-2.49%0.19%
DXC$85.8818$68.10$1,225.77$1,545.84$320.0726.11%0.19%
CERN$71.3221$47.80$1,003.80$1,497.72$493.9249.21%0.18%
CHKP$114.0213$74.85$973.05$1,482.26$509.2152.33%0.18%
POT$19.2477$23.11$1,779.18$1,481.48-$297.70-16.73%0.18%
MPC$56.0826$18.83$489.68$1,458.08$968.40197.76%0.18%
ESRX$63.3223$65.32$1,502.37$1,456.36-$46.01-3.06%0.18%
AXP$90.4616$59.77$956.29$1,447.36$491.0751.35%0.17%
STRA$87.2716$48.00$768.00$1,396.32$628.3281.81%0.17%
TROW$90.6515$67.00$1,005.00$1,359.75$354.7535.30%0.16%
NNN$41.6631.906$43.88$1,400.00$1,329.20-$70.80-5.06%0.16%
RHI$50.3426$36.06$937.56$1,308.84$371.2839.60%0.16%
KSS$45.6528$43.64$1,221.96$1,278.20$56.244.60%0.15%
CICHY$16.6973$13.64$995.73$1,218.37$222.6422.36%0.15%
BF.B$54.3022$45.82$1,008.04$1,194.60$186.5618.51%0.14%
VSS$114.9310$87.82$878.20$1,149.30$271.1030.87%0.14%
GPC$95.6512$80.00$960.00$1,147.80$187.8019.56%0.14%
MYTAY$9.13124$13.18$1,633.71$1,132.12-$501.59-30.70%0.14%
TESS$12.4588.983$8.99$800.00$1,107.84$307.8438.48%0.13%
MDLZ$40.6627$17.63$475.90$1,097.82$621.92130.68%0.13%
MRK$64.0317$34.30$583.18$1,088.51$505.3386.65%0.13%
SCL$83.6613$38.46$499.98$1,087.58$587.60117.52%0.13%
UNP$115.979.227034$108.38$1,000.00$1,070.06$70.067.01%0.13%
TLSYY$13.6672$14.78$1,064.26$983.52-$80.74-7.59%0.12%
MCFUD$32.7230$29.07$872.05$981.60$109.5512.56%0.12%
DPS$88.4710.702576$93.44$1,000.00$946.86-$53.14-5.31%0.11%
BIIB$313.123$221.90$665.71$939.36$273.6541.11%0.11%
BCMXY$17.8352$16.07$835.50$927.16$91.6610.97%0.11%
CMP$64.9014$69.00$966.00$908.60-$57.40-5.94%0.11%
PDLI$3.39255$6.05$1,542.59$864.45-$678.14-43.96%0.10%
T$39.1721$28.77$604.24$822.57$218.3336.13%0.10%
ARLP$19.3541$26.68$1,094.01$793.35-$300.66-27.48%0.10%
HFC$35.9722$23.50$517.00$791.34$274.3453.06%0.10%
AEO$14.3054$11.93$644.35$772.20$127.8519.84%0.09%
AAPL$154.125$94.64$473.20$770.60$297.4062.85%0.09%
PNW$84.569.015396$34.50$311.00$762.34$451.34145.13%0.09%
AMGN$186.454$141.00$564.00$745.80$181.8032.23%0.09%
PB$65.7311$45.43$499.73$723.03$223.3044.68%0.09%
RAVN$32.4022$22.60$497.20$712.80$215.6043.36%0.09%
ICE$68.7010$16.67$166.66$687.00$520.34312.22%0.08%
IDCBY$14.8545$12.18$548.10$668.25$120.1521.92%0.08%
EFSI$29.2522$22.85$502.70$643.50$140.8028.01%0.08%
TLKGY$17.8536$19.78$711.92$642.60-$69.32-9.74%0.08%
SB$2.74233$7.99$1,861.40$638.42-$1,222.98-65.70%0.08%
TSCO$63.2910$49.99$499.90$632.90$133.0026.61%0.08%
KHC$77.558$25.41$203.28$620.40$417.12205.19%0.07%
IMBBY$43.2714$62.93$880.98$605.78-$275.20-31.24%0.07%
CLD$3.66158$9.44$1,492.23$578.28-$913.95-61.25%0.07%
WTR$33.1917.259455$28.97$500.00$572.84$72.8414.57%0.07%
CCFN$47.5012$39.50$474.00$570.00$96.0020.25%0.07%
BACHY$12.3945$11.00$495.00$557.55$62.5512.64%0.07%
WSM$49.8611$44.00$484.00$548.46$64.4613.32%0.07%
HSY$109.175$90.47$452.35$545.85$93.5020.67%0.07%
RLI$57.369$57.00$513.00$516.24$3.240.63%0.06%
TJX$73.737$69.00$483.00$516.11$33.116.86%0.06%
NTTYY$45.7211$22.30$245.34$502.92$257.58104.99%0.06%
LB$41.6112$42.00$504.00$499.32-$4.68-0.93%0.06%
LANC$120.124$117.75$471.00$480.48$9.482.01%0.06%
BCS$10.3546$14.02$644.92$476.10-$168.82-26.18%0.06%
MPLX$35.0113$8.59$111.66$455.13$343.47307.60%0.06%
NAT$5.3482$19.64$1,610.79$437.88-$1,172.91-72.82%0.05%
MRO$13.5627$29.92$807.79$366.12-$441.67-54.68%0.04%
IEMG$54.026.25$49.67$310.46$337.63$27.178.75%0.04%
TRGP$47.307$27.35$191.42$331.10$139.6872.97%0.04%
HNNMY$5.1561$6.53$398.52$314.15-$84.37-21.17%0.04%
ATW$9.3933$15.00$495.00$309.87-$185.13-37.40%0.04%
CPLP$3.5075$8.53$639.48$262.50-$376.98-58.95%0.03%
DYN$9.7924$29.77$714.50$234.96-$479.54-67.12%0.03%
LYG$3.6650$3.24$162.00$183.00$21.0012.96%0.02%
GSH$29.174.59$20.75$95.24$133.89$38.6540.58%0.02%
MVC$10.0111$8.84$97.28$110.11$12.8313.19%0.01%
VTI$129.520.73714$95.47$95.47#DIV/0!0.01%
TSCDY$7.6011$14.33$157.63$83.60-$74.03-46.96%0.01%
AMC$14.705$18.00$90.00$73.50-$16.50-18.33%0.01%
PTR$64.110.97$99.24$96.26$62.19-$34.07-35.40%0.01%
BIVV$57.071$37.77$37.77$57.07$19.3051.08%0.01%
BK$53.021$25.01$25.01$53.02$28.01112.00%0.01%
QCCO$0.42113$3.63$410.25$47.46-$362.79-88.43%0.01%
LGCY$1.5228$15.62$437.22$42.56-$394.66-90.27%0.01%
EVEP$0.6532$21.84$698.97$20.80-$678.17-97.02%0.00%
BPI$9.601$17.85$17.85$9.60-$8.25-46.22%0.00%
BKS$7.601$8.70$8.70$7.60-$1.10-12.64%0.00%
ALN$0.3815$2.11$31.65$5.70-$25.95-81.99%0.00%
LQD$121.230.03874$4.70$4.70#DIV/0!0.00%
VGIT$64.640.06473$4.18$4.18#DIV/0!0.00%
TIP$113.580.02943$3.34$3.34#DIV/0!0.00%
SJNK$27.970.07521$2.10$2.10#DIV/0!0.00%
VNQ$83.090.01298$1.08$1.08#DIV/0!0.00%
VCSH$80.130.00396$0.32$0.32#DIV/0!0.00%
ZAHLY$0.0123$6.64$152.72$0.23-$152.49-99.85%0.00%
DPK$13.81-100$16.15-$1,614.79-$1,381.00$233.7914.48%-0.17%
FAZ$14.58-100$34.42-$3,441.54-$1,458.00$1,983.5457.64%-0.18%
ERY$10.89-300$13.49-$4,047.39-$3,267.00$780.3919.28%-0.39%
TZA$13.65-550$20.03-$11,015.32-$7,507.50$3,507.8231.84%-0.91%

My transactions in September are listed as follows:
StockActionCostPrice per share% of Portfolio
XOMAdd$1,496.93$79.000.15%
SRCLAdd$775.50$70.500.08%
GISAdd$700.00$54.360.07%
DISCAAdd$579.15$21.450.06%
BBBYAdd$503.80$22.900.05%
LANCNew Buy$471.00$117.750.05%
AFLAdd$439.91$82.550.04%
EMRAdd$319.04$60.780.03%
SONAdd$277.74$48.300.03%
BMTCAdd$275.37$41.130.03%
BDXAdd$200.00$193.500.02%
DPSAdd$200.00$91.790.02%
UNPAdd$200.00$108.610.02%
NVSAdd$200.00$83.890.02%
SNYAdd$200.00$48.720.02%
YORWAdd$200.00$33.040.02%
VMIAdd$200.00$148.920.02%
EXCAdd$153.86$38.230.01%
NSCAdd$80.50$125.590.01%
SPGIAdd$36.86$153.300.00%
KAdd$25.97$68.340.00%
OGSAdd$12.49$75.240.00%
PNWAdd$5.86$89.830.00%
VTIAdd$5.68$125.970.00%
WTRAdd$3.51$31.810.00%
VEAAdd$3.29$42.220.00%
VWOAdd$0.85$44.200.00%
LQDAdd$0.35$120.690.00%
VGITAdd$0.32$64.520.00%
TIPAdd$0.24$113.210.00%
SJNKAdd$0.12$26.730.00%
VCSHAdd$0.06$81.080.00%
VNQAdd$0.06$88.240.00%
Bought$7,568.460.73%
Sold$0.000.00%
Net$7,568.460.73%

Purchases
I added to positions in XOM, SRCL, GIS, DISCA and BBBY near 52-week low. I initiated a new position in LANC, a solid dividend growth stock, near 52-week low. The rest are part of my monthly investment plans and dividend reinvestment.

Sales
None.

Here is how my assets, liabilities, and net worth have changed over the past month:
Beginning balance
on 9/1/2017
+ Cash inflow
/(outflow)
+ $ P/L= Ending Balance
on 9/30/2017
% P/L% Equity
ASSETS
Current assets
Cash25,449.364,725.310.0030,174.670.00%2.81%
Bonds20,323.98(201.03)(87.30)20,035.65-0.43%1.87%
Stocks739,623.905,895.8821,818.77767,338.552.95%71.49%
Total current assets785,397.2410,420.1621,731.47817,548.872.77%76.17%
Tax-deferred retirement account178,155.931,515.234,459.54184,130.702.50%17.16%
Roth IRA69,963.784,381.0674,344.846.26%6.93%
Gold14,260.45(486.05)13,774.40-3.41%1.28%
Other non-current assets1,000.00(500.00)0.00500.000.00%0.05%
Total assets1,048,777.4011,435.3930,086.021,090,298.812.87%101.58%
LIABILITIES & EQUITY
Liabilities
Current liabilities10,683.71(25.00)0.0010,658.710.99%
Long-term liabilities
Student loan6,354.38(22.28)0.006,332.100.59%
Other non-current liabilities0.000.000.000.000.00%
Total liabilities17,038.09(47.28)0.0016,990.811.58%
Equity (net worth)1,031,739.3111,482.6730,086.021,073,308.002.92%100.00%

During this month, my net worth increased 4.03% to $1,073,308.00, due to a combination of P/L (2.92%) and net cash inflow (1.11%). 

Below is a chart of my net worth since I started tracking on a monthly basis:


My monthly performance against the S & P 500 is shown below:
2017My Portfolio ReturnS & P 500 TR
Jan2.39%1.90%Good
Feb2.08%3.97%Bad
Mar0.97%0.12%Good
Apr2.22%1.03%Good
May0.01%1.41%Bad
Jun0.59%0.62%Bad
Jul1.52%2.06%Bad
Aug0.01%0.31%Bad
Sep2.92%2.06%Good
YTD13.40%14.25%Bad

I finally beat the index this month, after losing for 4 straight months. However, YTD I am still trailing the index by 0.85%. I just need another good month like this to catch up with the index.