Net Worth Report - End of 01/07

I reached $500,000 this month. I guess it's time to schedule a fitting for a top hat and monocle.

Note the sharp decline in short-term holdings. I made my 2007 contributions to my Roth IRA ($4,000), HSA ($2,850), and am making the maximum 401(k) contributions (50% of payroll) allowed by my employer. I'll be drawing from my short-term holdings for the whole first quarter. I won't be making any significant new investments until I raise cash by selling a batch of ESPP shares when I see a good opportunity sometime in the next few weeks.

Last month I talked about how my employer's contribution to its profit-sharing plan caused a discontinuity in my January goal figure. Well, they're a few days later this year than last year and haven't made the contribution yet. I adjusted my model, so now the big jump shows up in next month's goal.

No change in credit card arbitrage this month. But I got some 0% balance transfer checks in the mail and I continue to be astonished that they haven't realized I'm taking advantage of them yet. I'll be increasing my arbitrage by about $10,000 soon.

You can keep track of other personal finance bloggers at NetWorthIQ. I've updated my entry there.