July 2008 Site and Net Worth Review (+1.61%)
August 4, 2008 :: Miscellaneous :: 5 Comments
Net Worth Review The S&P500 basically traded sideway in July going from 1280.00 to 1267.38, or a -1% decline in value. According to NetworthIQ, my net worth dropped another -2.04% -- mostly due to the value of my house. Fortunately, my net investable assets actually went up +1.61%, or from ...
Single Step Personal Finance Challenge
July 18, 2008 :: Money :: 12 Comments
On Monday, Mrs. Micah wrote about Single Step Personal Finance Challenge and I thought that it was a fantastic idea. Many times, we look at the big picture and find it so overwhelming that we don't do what we should. For example, running a marathon is out of ...
Seven Traits of Successful People (Reprint)
July 14, 2008 :: Money :: 13 Comments
Ever wonder why some people can never do wrong? I have been observing successful people around me, and experimenting with different ideas. Here are the seven traits that I've found work well for me in many situations. I think they will make you richer and more successful in many ways. 1. ...
June 2008 Site and Net Worth Review (-7.23%)
July 2, 2008 :: Miscellaneous :: 6 Comments
Net Worth Review Wow, June was a terrible month for stock investors. Bad economy, Midwest flood, inflation, high oil price, among other factors added up to an -8.6% drop for the S&P500 -- from 1400.38 to 1280.00! According to NetworthIQ, my net worth went down -3.04% -- mostly due to ...
May 2008 Site and Net Worth Review (+3.75%)
June 4, 2008 :: Miscellaneous :: 11 Comments
Net Worth Review I have been so busy in May working on the launch of PF Buzz that I didn't keep up with the market news at all. In the end, the S&P 500 index went up +1.07% from 1385.59 to 1400.38, and according to NetworthIQ, my net worth went ...
Updating My Goals And Shooting For The Stars
March 31, 2008 :: Blogging, Financial Planning :: 19 Comments
At the beginning of the year, I shared several goals and established some milestones to be achieved by April 1st. In this post, I am planning to update these goals and set new ones for the future. I am doing this because I believe having clearly defined goals is the ...
I Missed My Goal, Dealing With Failure
February 5, 2008 :: Miscellaneous :: 18 Comments
Lynnae at Being Frugal recently reviewed her 2008 financial goals. She shared some successes and failures, and asked other personal finance bloggers to review theirs. In particular, she referenced my goal to reduce my household utility bill by 10% or $35 a month, and asked, "Did you ...
Review, Revise, and Revitalize 2007 Goals for 2008
January 3, 2008 :: Blogging, Financial Planning :: 22 Comments
As many of you know, I started this blog on July 15, 2007. During this time, I shared several goals with you, and there are some that I haven't shared (at least until now). In this post, I will review my goals, make some revisions, and set up ...
12 Investing Mistakes I’ve Made, and How You Can Learn From Them (Reprint)
December 12, 2007 :: Investing :: 19 Comments
I've been investing since 1996. In the process, I have learned a lot, mainly from trial and error. I'd like to share my experience with you. Here are some of the mistakes I've made: Not investing soon enough -- I have been working part-time since my first year at college in ...
My 2008 Financial Resolution and a Chance to Win an iPod!
November 29, 2007 :: Financial Planning :: 8 Comments
Cash Money Life is running a contest Share Your 2008 Financial Resolution for a Chance to Win an iPod! that will end December 4th at 11:59 PM, Eastern Daylight Saving Time. I never own an iPod before, so I am going to give this a try. My best friend and his ...
Transforming Goals Into Actions
November 26, 2007 :: Financial Planning :: 13 Comments
I have to admit that when I first start this blog, I didn't have a solid goal. The truth is that I had just finished reading Rich Dad, Poor Dad, and felt motivated to improve my finances. I used to have a meta-blog (blog about blogging) and recognize ...
Money Lesson #2: Setting Financial Goals
September 27, 2007 :: Financial Planning :: 8 Comments
My wife pregnancy is coming along well, except for occasional all-over-the-body-ache. While I was giving her a massage last night, I was able to go over another financial lesson with her. The second lesson was focused mainly on financial goals. Photo from Wikimedia Commons Types of Financial Goals There are many ...
Can we actually save too much for college?
September 20, 2007 :: Education :: 15 Comments
I shared some great posts with you in my weekly roundup about college savings. However, these posts and what I have written tend to focus on the dollar amount and savings vehicles. As part of the roundup post, Chief Family Officer commented that $250,000 may not be enough ...
Moolanomy weekly roundup #8: “College Savings” edition
September 16, 2007 :: Weekly Roundups :: 6 Comments
I wrote about saving money for college in my posts: "My kid's college costs will be $467,000! Are you kidding me?" and later in "Saving $250,000 for my son's college education" with dollar amount adjusted down to a more realistic level. This weekly roundup, I searched my Google Reader and ...
Saving $250,000 for my son’s college education
September 10, 2007 :: Education, Investing, Taxes :: 14 Comments
In "My kid's college costs will be $467,000! Are you kidding me?," I may have gone too far toward the worst case scenario. After additional research at Savingforcollege.com, a more realistic number should be around $250,000 for 2024. Although I have not decided on the exact investment vehicle, ...
