July 2006 Net Worth Update (+$5,445)

Finally a month to get excited about! While this month's net worth change doesn't rank up there with the 5 figure increases I was seeing at the beginning of the year, it is a healthy $5,445 increase on a hectic month including one-time expenses related to my move to NY, some vacation expenses, and a down payment on an engagement ring (details to be discussed later). The most significant contributions come from the healthy gains in my large exposure to big pharma with Pfizer and Merck holdings.

Assets	Jun-06	Jul-06	Change	%
Cash & Savings	$ 32,217.00	$ 27,067.54	$ (5,149.46)	-15.98%
Taxable Brokerage Accts	$ 40,958	$ 45,085	$ 4,126.51	10.07%
Roth IRA	$ 24,629.00	$ 25,492.22	$ 863.22	3.50%
401(k)	$ 83,304.00	$ 84,665.71	$ 1,361.71	1.63%
Stock Option	$ -		$ -
ESPP	$ 32,961.00	$ 34,032.20	$ 1,071.20	3.25%
House #1 - Rental	$ 160,000.00	$ 160,000.00	$ -
House #2 - Primary	$ 128,225.00	$ 128,225.00	$ -
Receivable (Payable)	$ -	$ 300.00	$ 300.00
Other Assets	$ -		$ -
Total Assets	$ 502,294.00	$ 504,867.18	$ 2,573.18	0.51%
Liabilities			$ -
Credit Card Balances	$ (28,297.88)	$ (27,954.08)	$ 343.80	-1.21%
House #1 Mortgages	$ (119,977.20)	$ (117,848.88)	$ 2,128.32	-1.77%
House #2 Mortgages	$ (104,000.00)	$ (103,900.21)	$ 99.79	-0.10%
Rental Deposits	$ (900.00)	$ (600.00)	$ 300.00	-33.33%
Additional Tax Liability	$ -		$ -
Other Liabilities	$ -		$ -
Total Liabilities	$ (253,175.08)	$ (250,303.17)	$ 2,871.91	-1.13%
Net Worth	$ 249,118.92	$ 254,564.01	$ 5,445.09	2.19%

Highlights for July
-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 started a house notebook for my new property to keep track of the cost basis.
-I also found I was able to earn multiple Sharebuilder bonuses to get more free money.
-Most importantly, I got engaged! I expect to have many discussions once things settle down a bit about "the merger".
-I am on a temporary assignment through the end of the year and realized some additional unreimbursed expenses this month (such as plane tickets, transportation expenses, etc).
-I completed a new balance transfer for $26,500 (in June) and received some award points.
-My taxable brokerage accounts value shot up with a strong performance from the significant exposure I have to Pfizer and Merck. While its a great feeling to see these investments pay off, it is a double edged sword. I had hoped to continue building my exposure to these companies at the formerly attractive prices and higher dividend yields.

Additional Stock Investments for July (Outside of 401k & ESPP):
$350 in Roth IRA
$504 in Ebay (Sharebuilder)
$100 in Pfizer DRIP