Posts Tagged ‘mortgage’

Net Worth Review
January was a bad month for the stock market despite two rate cuts by the Fed. The S&P 500 index dropped -6.12% from 1468.36 to 1378.55. According to NetworthIQ, my net worth went down -1.66% and net investable assets went down -7.35%, or from 23.93% to 22.18% of $1 million goal [...]

For someone who doesn’t carry a lot of debt, I didn’t give Debt-to-Income Ratio a serious thought until I start lending money on peer-to-peer lending networks — i.e., Prosper and Lending Club. The truth is, DTI is important; especially in the business of borrowing and lending money.
Two Kinds of Debt-To-Income Ratios (DTI)

Front ratio [...]

There has been a lot of talk about the economic stimulus package and tax rebate among the personal finance bloggers last week. Today, I am going to shift gear a little and start talking about income tax return. Traditionally, I use TaxCut to prepare my tax, but this year I am going to try [...]

Before I begin, I’d like to say that this is a special edition of the net worth review, because following my review, I will be sharing what my friends are all saying about their net worth or the subject of net worth.
Net Worth Review
December was another weak month for the stock market, and the S&P [...]

November was a very volatile month for the stock market with pressure from the oil price, sub prime mortgages, and foreclosure problems. The negativity was further fueled by bad news from companies like Citigroup and E*Trade. As a result, the S&P 500 index dropped -4.40% from 1,549.38 to 1,481.14.
According to NetworthIQ, my net [...]

Now that the benefits enrollment for my company is over, I can start thinking about things that I could do before the end of the year to make my money work harder for me. Here are 22 ideas that I want to share with you.

Photo from morgueFile

Boost 401k contribution – I think I will [...]

Aside from the big dip on October 19th, this was another good month for the stock market. The S&P 500 index rose +1.48% from 1,526.75 to 1,549.38 — again, the Fed cuts rates by another quarter point. After I entered all my information into NetworthIQ, the result was +1.75% net worth improvement. My liquid assets [...]

September was a good month for the stock market. The S&P 500 index rose +3.58% from 1,473.99 to 1,526.75 — thanks to the boost from Federal Reserve interest rate cut by half a point on the 18th. However, consider that the U.S. Dollar lost about -2.26% against the global currencies [1], most Americans [...]

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 types of financial goals:

Pay off [...]

Last week the Federal Reserve cut interest rate by half a point. This reduction in its target short-term rate is the first cut in that benchmark since 2003. Let’s see what bloggers are saying about this:
Money and Such, How to Play the Fed Rate Cut (editor’s pick)
This is a very informative post that [...]