Archive for February, 2007

It’s Better to be Medium-Good in a Great Field

Saturday, February 24th, 2007

These are some more words of wisdom from the investor Warren Buffet. I could not find the original quote, but instead came across them reading this yahoo finance article.
The fundamental point is this:
If your only goal in life is to accumulate wealth, and you are starting from zero like most of us, then [...]

A $43,000 Mistake?

Friday, February 23rd, 2007

After much gnashing of teeth, my wife and I have decided to not invest the cash from out savings account in a Roth for 2006. We still have until the April 17th deadline to change our minds but I don’t see it happening.
I feel really guilty not making the deposit and I will be second [...]

Running Bulls have me on Edge!

Thursday, February 22nd, 2007

I have been taught in my medical education to look for multiple causes for a patients current condition.  If I haven’t thought of a possible cause, I can not develop a plan to treat if it is indeed correct.  This is how I was conditioned to come up with a differential diagnosis for a set of symptoms.  This way of thinking has influenced how I think about my investments as [...]

Am I “Typed Out”

Monday, February 19th, 2007

February has been a very busy month for me as evidenced by my lack of posts this month. Having only started blogging a few months ago I still struggle at times to find time to submit quality posts on a regular basis.
The reason for this post is an article in this months issue of [...]

Citi $100 Bonus

Monday, February 12th, 2007

I was checking my email the other day when this email from Citi caught my eye.
I have a couple of Citi card that I used to take advantage of their 0% balance transfers. I haven’t touched them in a while but it looks like they are trying to get credit card holders [...]

Monthly Update January 2007(-$84,688.17, +$4,786.46)

Saturday, February 10th, 2007

We are off to a good start for 2007. We didn’t win the Lottery yet but we did a good job of controlling our expenses in January. 2007 will be a year of financial basics with an emphasis on developing good finanical habits. Like a lot of Americans, our income is [...]