Archive for June 2007
June 2007 Net Worth Update (+1.54%)
It’s time again for my monthly net worth update – The June 2007 edition. This past month has been brutal in terms of unplanned expenses. Let me list them down for you: Auto Insurance: $2450 Auto Registration: $180 Home Insurance $1250 (both houses) SUV Repair/Summer tires: $1000 New Home Construction Deposit: $5,000 (not really an…
Read MoreShould Spouse Stay at Home with Kids OR Work?
I got a common young couple question from Fab (Cashflow 101 charity sponsor) a little while back about whether it’s better financially for his wife to stay at home and take care of their children, or go back to work. Here is the question in more detail: … for families with young age kids (like…
Read MoreAsset Allocation: June 2007
There has been a lot of talk of Asset Allocation around the blog world so I thought I’d join in. Based on my current portfolio, here is my asset mix of my investments (not including savings and pension): Total Portfolio: $184,773 (obtained from my May Net Worth Statement) Cash: $32,000 (17.3%) Bonds: $3,870 (2.1%) Equities:…
Read MoreStock Market Beliefs – Part 2
To continue on from Part 1 of Stock Market Beliefs, Ed Rempel explains some of Ken Fishers reasonings behind the common stock market beliefs. In part 1, I listed 20 commonly believed myths that Ken Fisher disproves, and 3 commonly held beliefs where he proves the opposite is true. Here are a couple of examples…
Read MoreStock Market Beliefs – Part 1
Ed Rempel, a CFP and CMA, has been a regular guest poster on Million Dollar Journey. This time he has written about typical stock market beliefs that are proven false. This is part 1 of 2. Every once in a while, I come across a truly fascinating book. I love reading financial and investment books.…
Read MoreFinancial Goals Progress: June 2007
As I was reviewing my financial goals for 2007 the other day, it dawned on me that it’s half way through 2007! I figure now is a good time to discuss my progress thus far. I have listed my goals and progress below: Goal #1: Increase passive income to $500/mo Progress: As I last reported…
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