June 2006 Net Worth Update (+$433)

Here's my net worth update for June as of 6/30/2006. I am disappointed that I was only able to eke out a sub $500 increase. Declines in IBM stock price (ESPP) and the transaction costs associating with the closing of my new property were largely responsible for the below average monthly net worth increase. However, my net worth change was still positive so I can't complain too much.

Assets	May-06	Jun-06	Change	%
Cash & Savings	$ 32,290.90	$ 32,217.00	$ (73.90)	-0.23%
Taxable Brokerage Accts	$ 41,848.04	$ 40,958.00	$ (890.04)	-2.13%
Roth IRA	$ 24,374.99	$ 24,629.00	$ 254.01	1.04%
401(k)	$ 82,136.49	$ 83,304.00	$ 1,167.51	1.42%
Stock Option	$ -	$ -	$ -
ESPP	$ 35,311.38	$ 32,961.00	$ (2,350.38)	-6.66%
House #1 - Rental	$ 160,000.00	$ 160,000.00	$ -
House #2 - Primary	$ -	$ 128,225.00	$ 128,225.00
Receivable (Payable)	$ -	$ -	$ -
Other Assets	$ -	$ -	$ -
Total Assets	$ 375,961.80	$ 502,294.00	$ 126,332.20	33.60%
Liabilities			$ -
Credit Card Balances	$ (2,549.06)	$ (28,297.88)	$ (25,748.82)	1010.13%
House #1 Mortgages	$ (123,727.20)	$ (119,977.20)	$ 3,750.00	-3.03%
House #2 Mortgages	$ -	$ (104,000.00)	$ (104,000.00)
Rental Deposits	$ (1,000.00)	$ (900.00)	$ 100.00	-10.00%
Additional Tax Liability	$ -	$ -	$ -
Other Liabilities	$ -	$ -	$ -
Total Liabilities	$ (127,276.26)	$ (253,175.08)	$ (125,898.82)	98.92%
Net Worth	$ 248,685.54	$ 249,118.92	$ 433.38	0.17%

Highlights for June
-All credit card debt (except current month's purchases) is in the form of 0% APR balance transfers earning interest in my savings accounts.
-I just finished completing a new balance transfer and will be posting the details shortly.
-I finally completed the purchase of my 2nd property which resulted in significant closing cost expenses during the month of June.
-I am in the process of going to NY for a temporary assignment and recognized some assignment expenses this month (such as plane tickets).
-I finalized my temporary living arrangement while in NY and determined I will spend a net $500 /month.


Additional Stock Investments for June (Outside of 401k & ESPP):
$200 in Roth IRA
$130 in Pfizer DRIP
$500 in Medtronic DRIP

Note: I have introduced a new format for my net worth statements this month. I hope the new format will provide improved transparency into both my assets and liabilities. Let me know what you think.