How did 2022 treat you?

[kork13]

I haven't done my detailed look yet, but in broad terms, it looks like my investments lost about 20% this year. But I also added $125k in new money, which roughly evens the scales such that my total balance is still up YOY. Our asset allocation is roughly 90/10, so very stock heavy. I'm not too concerned, as I'm still young enough (mid-30s) to handle the market's gyrations, and I've been funneling alot of money into the markets & picking up shares at an effective discount. I've also got some egg on my face for a couple of single-stock bets I've made over the last few years, but I can take them in stride, keep holding for the long term with still having confidence in their future.

This afternoon I sat down & did my semi-annual detailed look into our accounts.

Contrary to what I mentioned a few days ago, our total balances & net worth are actually slightly down this year (just -$30k ... almost level). However, as stated, that also includes $125k in new money added to our accounts, so our paper losses are effectively that. Market investments down 19%. Real estate is still up roughly 7% from 1 year ago, although down 5% from 6 months ago (what a wild ride for real estate). Total NW around $1.6M at present, but the more important number is our invested assets (taxable, retirement & rental RE): currently $1.14M. (the delta being our current home & cash/EF accounts).

I spent a large portion of 2022 on a temporary assignment (~5mo, May-Sep), and will be doing the same thing again starting later this week (~5 mo, Jan-May). That hurts alot for our family (obviously)... Financially, the travel per diem has certainly been a boon, though we've been effectively spending most of it on my extra expenses for me to live across the country, as well as paying for various forms of help for my wife, who is completing a DPT program while running our household & wrangling our 3 young kids (1.5 - 7 years old).

Overall, 2022 kinda sucked.... I say good riddance, and hopefully 2023 is less chaotic (not likely -- we're moving again next summer).

[crazyliblady]

My milestones include:

1) getting my emergency savings up to $9000, just shy of my $10000 goal. That was around August. Then, in August, as a result of a car accident, I had to use a lot of those funds to make up the gap after using the insurance payout. Even though I had to use it for that, I am so glad I did have it. Without it, I would have had to get a car loan. I will replace it, though. I promise.
2) my retirement is over $200K. Woo-hoo!
3) I have less than $200 on a credit card to pay off.
4) Because of occasional shortages of stuff in stores, i keep a stock of canned goods, cleaning supplies, etc. I always make a shopping list and shop for super healthy foods. This has helped us to stay within budget and feed my family well. I also grow some of my own food and preserve some for use in winter.

[scfr]

We continued to save, and the market took away, so overall it was a pretty flat year. Overall NW up 0.6%. Non-financial assets now make up 18% of NW. Financial assets are 2% tax-exempt, 47% taxable, and 51% tax-deferred. Still a bit above our "retirement number."

The biggest change this year was downshifting our work lives. DH cut back his business by quite a bit more (he started cutting back a couple years ago), and I worked less at my 2nd job. So our income is down, but we still save. I'd like to quit the 2nd job, but I'm not quite ready yet to pull that trigger myself . . . maybe around the end of this year?? I'm glad we live in a time when we can ease in to retirement instead of suddenly going from 40+ hours a week to 0.

[bjl584]

My overall portfolio is down around 7%, so it could be worse

On the positive side, after a promotion and then a career change, my income has almost doubled in the past year.
My cash holdings have also more than doubled, as I made building cash a priority last year

[disneysteve]

after a promotion and then a career change, my income has almost doubled in the past year.
My cash holdings have also more than doubled, as I made building cash a priority last year

That's fantastic! Congratulations!

And it's an ideal time to be building the cash savings now that our cash is actually earning pretty good interest. I've got cash as much as 5.1%. And even more if you got some I Bonds.

[terri77]

Down $229k for the year. Really down $269 because of what I contributed in 2022.

Paid off all credit cards monthly. Incurred no new debt. Increased income.

[LivingAlmostLarge]

Good and bad. Bad because the market is down. I haven't sat until now to think about it and I am just trying to pay bills. Something slipped through and I missed a payment. $109 on a credit card having been away for basically two months. Ugh. Calling about it tomorrow. Second I know the market rebounded so we'll see. Third, I'm sitting here catching up on downloading statements and our efiles for the year.

Good? DH sold a bit of stock in his company's funding and it was a nice chunk of change. Enough that we gifted stock to kids, finished a will/trust finally real one, not legal zoom, gave the kids $75k/year to 529, terrible time to invest April 2022, but heck I did it. Plus i started a solo 401k so we did another year of 1 maxed out 401k and 2 roth IRAs. Rest went into savings and we blew I budgeted $5k on a trip. Good year for savings. Based on our "savings" we saved something ridiculously like 60% of our income, but if you take out taxes even more.