May Monthly Update
Posted by moonimus on Jun 5, 2008
Our wealth calculations are based on values as of May 1.
Our overall wealth increased a whopping 9%. We saw increases in our cash position as we received many cash gifts for Baby Moonimus’ first birthday. We were expecting a decent inflow but we definitely did not expect as much as we received. The gifts more than covered the costs related to the party. I charged the party to a 0% credit card and will keep the cash to earn a little interest before the card starts charging interest. Our investments continued to increase a substantial amount this month but I’m sure we’ve given some of those gains back. The debt number has increased substantially but it’s due to the arbitrage on Baby Moonimus’ birthday party costs. Otherwise, the debt would have decreased.
I’m skipping the weight update this month but will make sure to get it in the June Update.
