Comments on: Jan 2008 Net Worth Update (+1.04%)

By: Blain Reinkensmeyer

Blain Reinkensmeyer — Wed, 13 Feb 2008 04:33:46 +0000

Nice month FT, you the man.

By: George

George — Wed, 06 Feb 2008 05:13:40 +0000

I’m curious as to what the “savings” account is invested in – it isn’t an RRSP (that’d be the registered retirement account) and it isn’t a non-registered investment account. It’s also not “cash”, since that’s listed separately. Is it just in a bank account, or is it invested in something?

Also, why no payments on the “other liabilities”?

By: January 2008 Net Worth Update: -3.7% | My Dollar Plan

January 2008 Net Worth Update: -3.7% | My Dollar Plan — Mon, 04 Feb 2008 14:29:50 +0000

[...] Million Dollar Journey [...]

By: FrugalTrader

FrugalTrader — Sat, 02 Feb 2008 02:29:40 +0000

EC, the business expense was the factor that pushed me over the edge to actually make the purchase. Without that, I probably wouldn’t have bought it.

By: EmperorCoder

EmperorCoder — Sat, 02 Feb 2008 00:20:04 +0000

Have you thought of deducting your laptop as a business expense ? After all, you can use it for generating blogging income, so it would make sense to deduct it.

By: FrugalTrader

FrugalTrader — Fri, 01 Feb 2008 15:56:15 +0000

Hey DC, we’re in the process of building a home so we’re hoarding cash for a down payment. So yes, most of the $120k will be used as a down payment.

By: Dividendgrowth

Dividendgrowth — Fri, 01 Feb 2008 15:50:36 +0000

Wow, nice month. Looking at your investment accounts, it seems that you have significantly outperformed S&P 500 if it only represents gains, other than your contributions. I am a new reader, so I am wondering why do you keep such a large amounts of savings (120k)? I presume it’s in cash, but i could be wrong..

By: Blain Reinkensmeyer

Blain Reinkensmeyer — Fri, 01 Feb 2008 05:33:58 +0000

Nice month FT!! I say post the updates man, no doubt :P

By: The Reverend

The Reverend — Thu, 31 Jan 2008 23:47:44 +0000

Somewhat unrelated question, but does anyone use the SM on a small scale basis? I have Manulife One account and make small monthly contributions into some non-reg investments which I’m tracking separately for SM purposes, but it seems kinda funny to do it on a small scale.

For time being I’m just leaving myself borrowing room for other purposes and don’t want to withdraw any big lump sums. Any thoughts?

By: Gary

Gary — Thu, 31 Jan 2008 23:38:18 +0000

Keep the up-dates. Like seeing the progress. It’s very interesting.

By: Cisco Kid

Cisco Kid — Thu, 31 Jan 2008 21:21:05 +0000

That would be amazing to see your progress in performing the SM, as I was planning on doing it in the future & to see the progress would be tremendously invaluable

By: MunEconomist

MunEconomist — Thu, 31 Jan 2008 16:26:47 +0000

I too would like updates.

By: Jordan

Jordan — Thu, 31 Jan 2008 14:43:33 +0000

I’m starting my own SM around that time, so I’d love to hear your progress to compare notes.

By: moneygardener

moneygardener — Thu, 31 Jan 2008 14:06:04 +0000

Hey, I bought a laptop for myself for Christmas too…great minds… The good news is that expenses for the baby are really not as bad as you might anticipate, and you’ll save lots of money once the baby comes as you’ll probably eat out less or spend less on entertainment.

Good progress on net worth in a down market, and I’m always up for posts about portfolio progress etc., so keep it up.