Income Report

Q2 2022 – Detailed Financial Report #86 – Net Worth $7,948,365

Gen Y Finance Guy Monthly Financial Reports 2 Comments

Another quarter in the rear view mirror and that means a new financial report. Our net worth did end slightly lower (-0.70%) for Q2’22 vs. Q1’22 but in relation to the rest of the market, it’s hard to be upset with a relatively flat month. There was one major surprise that significantly offset the decline we would have experienced and that was picking up the value of Mrs. GYFGs business, which we are holding at the value of cash on the balance sheet – approximately $225,000. The other two factors that helped keep our net worth from sinking too much when many assets were falling off a cliff are: (1) Our strong earnings engine produced almost $300,000 in income for …