Archive for October, 2008

A Daring Move in Desperate Times: Investing My Cash Reserves

Saturday, October 18th, 2008

One of the very first goals of our family shortly after we were married was to save as much of our excess income as we could in an emergency fund. Our goal was to have about 6 months of living expenses, which for us was about $25,000. We never actually reached this goal but we [...]

Alternative Income: May 2008(+$243.19, YTD $1266.43)

Friday, October 17th, 2008

Here is another VERY, VERY Late post. May was another less than stellar month for our alternative income streams. It was due to multiple reasons, the most important of which is my resistance to taking any extreme risks in the name of increased returns. Here are the results for the month ending May 31st 2008: [...]

Borrowing Costs: June 2008(+698.20, $1,294.34)

Wednesday, October 15th, 2008

This is another catch up post intended to bring my fianicial measures up to date. I am about 4 months behind but I hope to be caught up by the end of the month. Here are my borrowing costs ending June 30, 2008: We had been doing quite well at keeping our borrowing cost down [...]

Now Will it Last?

Monday, October 13th, 2008

I was not surprised at all to notice that the Dow made a nice recovery today. Almost every “expert” over the weekend felt that stocks were close to being oversold. It will be interesting to see if this is the start of a sustained rally. My uneducated opinion is that we still have a little [...]

Monthly Update: September 2008(-$82,498.53, -$16,032.55)

Sunday, October 12th, 2008

After watching the recent week long plunge of the Dow, it appears that people are very fearful which means if you are a buy and hold investor, now might be the time to get greedy. The problem in our family is that we don’t have much cash left to get greedy with. Here are the [...]