Comments on: March 2008 Site and Net Worth Review (-1.01%) http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/ Personal Finance. Investing. Wealth Building. Sat, 20 Mar 2010 18:13:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Finally Frugal http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-8146 Finally Frugal Sun, 06 Apr 2008 17:32:56 +0000 http://www.moolanomy.com/?p=527#comment-8146 Like Vered, I also think you're going to eventually benefit from an 'up' market when the recession retreats. However, I think it's a smart move to increase your savings anyway----regardless of lower interest rates. It looks like you're doing well with peer-to-peer lending, and increasing your savings now could allow you to develop this income source even more in the future. I'm nowhere near ready to start increasing my investments (still in debt repayment mode), but am reading your blog with interest so I'm ready when the time comes! Like Vered, I also think you’re going to eventually benefit from an ‘up’ market when the recession retreats. However, I think it’s a smart move to increase your savings anyway—-regardless of lower interest rates. It looks like you’re doing well with peer-to-peer lending, and increasing your savings now could allow you to develop this income source even more in the future.

I’m nowhere near ready to start increasing my investments (still in debt repayment mode), but am reading your blog with interest so I’m ready when the time comes!

]]> By: Four Pillars http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-8122 Four Pillars Sat, 05 Apr 2008 18:25:36 +0000 http://www.moolanomy.com/?p=527#comment-8122 Runner up! Woohoo! Mike Runner up! Woohoo!

Mike

]]> By: Pinyo http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-8063 Pinyo Sat, 05 Apr 2008 14:25:12 +0000 http://www.moolanomy.com/?p=527#comment-8063 @Bunny -- Good luck @Vered -- That's my hope too that the market will make up for itself. But it doesn't hurt to take some action -- assuming I can afford it. I just got my raise, but it's already less than the increase in my gas and electric bills :-( @Mark -- No, most of the growth in P2P lending was due to new money I added. Year to date, I earned 4.15% from Prosper and 0.46% from LendingClub (the big difference is dues to when I added new money). I checked more carefully, and I can attribute the decline to the property tax payment of $700+ and addition of $1800 in debt I didn't previously accounted for. @Shanti -- It's not for everyone. @Bunny — Good luck

@Vered — That’s my hope too that the market will make up for itself. But it doesn’t hurt to take some action — assuming I can afford it. I just got my raise, but it’s already less than the increase in my gas and electric bills :-(

@Mark — No, most of the growth in P2P lending was due to new money I added. Year to date, I earned 4.15% from Prosper and 0.46% from LendingClub (the big difference is dues to when I added new money).

I checked more carefully, and I can attribute the decline to the property tax payment of $700+ and addition of $1800 in debt I didn’t previously accounted for.

@Shanti — It’s not for everyone.

]]> By: Shanti @ Antishay Ventenne http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-7880 Shanti @ Antishay Ventenne Sat, 05 Apr 2008 05:15:17 +0000 http://www.moolanomy.com/?p=527#comment-7880 Well done! I am still wary of Prosper, though I do have an account. Having a net worth go down 1% isn't bad at all, considering how crazy the market's been ;) Well done! I am still wary of Prosper, though I do have an account. Having a net worth go down 1% isn’t bad at all, considering how crazy the market’s been ;)

]]> By: Mark @ TheLocoMono http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-7829 Mark @ TheLocoMono Sat, 05 Apr 2008 01:38:25 +0000 http://www.moolanomy.com/?p=527#comment-7829 Is the Prosper growth from interest? :) What exactly is net investable assets? I am surprised yours went down. Mine went up slightly but not by much, mostly because of my small cap fund's exposure to gold. Is the Prosper growth from interest? :) What exactly is net investable assets? I am surprised yours went down. Mine went up slightly but not by much, mostly because of my small cap fund’s exposure to gold.

]]> By: Christine http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-7741 Christine Fri, 04 Apr 2008 17:18:53 +0000 http://www.moolanomy.com/?p=527#comment-7741 You are very welcome! Keep up the good work! You are very welcome! Keep up the good work!

]]> By: Vered@MomGrind http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-7694 Vered@MomGrind Fri, 04 Apr 2008 14:56:54 +0000 http://www.moolanomy.com/?p=527#comment-7694 If the goal is 1M by 2017, you could probably ride out the current bear market without changing your saving habits, and then enjoy the bull market that would likely follow. Of course, it is always a good idea to save more if you can, but I think that even if you can't, there *will* be a bull market that would compensate for the current slowdown and help you catch up. If the goal is 1M by 2017, you could probably ride out the current bear market without changing your saving habits, and then enjoy the bull market that would likely follow. Of course, it is always a good idea to save more if you can, but I think that even if you can’t, there *will* be a bull market that would compensate for the current slowdown and help you catch up.

]]> By: Bunny http://www.moolanomy.com/527/march-2008-site-and-net-worth-review-101/comment-page-1/#comment-7680 Bunny Fri, 04 Apr 2008 13:50:41 +0000 http://www.moolanomy.com/?p=527#comment-7680 Good luck with your 2nd quarter goals! I hope to win your contest :) Good luck with your 2nd quarter goals! I hope to win your contest :)

]]>