January was a great start to the new year for the DIY$ household net worth. The market recovered from the slump it took in 4Q and we ended up growing out net worth by $35k up to $858,726. This isn't our best month ever from a monthly increase or total net worth, but it's close for both.
CASHOur cash balance stayed relatively flat, but still is in the range that we're comfortable with. As much as I'd like to see this higher, it's high enough that I don't worry, and I'd much rather have extra cash going towards our mortgage.
Just like anyone who remained invested throughout January, our investments performed really well. Our allocation is still nearly 100% equities with an approximate 80/20 domestic/international split. Our gain of 8.7% was primarily market driven as we only added our normal monthly amount from 401k contributions.
HOUSE / MORTGAGE
Our mortgage payment is around $1,800/mo but we are currently making payments of $4,000. After interest, taxes, and insurance this allowed us to knock another $3k off of our mortgage balance and get the balance down to just $85k. We paid off about $100k in 2018 but sadly won't be able to make the same level of reduction in 2019. We do expect to be able to get it fully paid off in 2020 and I find myself day-dreaming about making that final payment.