Money and Finance
I'm currently sitting on some cash that I want to put to work but am waiting on the markets to pull back some. I thought today might have been the start with the European mess rearing its head again but the markets bounced back up. I'm hoping for a second half pullback like we saw in 2011 because I won't be having much capital to invest until I can get my debt paid off around September of this year. I'll be paying off approximately $22,300 in debt between now and September which will be great to be done with that. That will free up my cash flow so much and allow me to invest much more. I'll be able to truly save between 70 and 80% of my after tax income instead of "saving" it in debt repayment.
I haven't had any new purchases recently and I'm getting a little antsy, I need to find something to distract these idle hands until I can get a better entry position.
- Dividend Update - August 2012
August was a slow month for dividends with only 2 companies paying out during the month. I'm looking forward to September rolling around when I will have the majority of my portfolio paying out for my largest monthly payout so far. I'm still...
- Patience
In the investing world of today, waiting for the right price doesn't take too terribly long. This is something that I need to remember as I'm currently sitting on a 25% and 21% cash position in my brokerage account and my Roth IRA respectively....
- Debt Is Almost Gone
Earlier this month I charged almost the rest of the balance of our high interest debt off. This month I charged a total of $9.766.39 to my credit cards to pay off our debt. I left a little bit on for next payment so they take the full amount with the...
- The Intelligent Investor
I've started reading Benjamin Graham's book "The Intelligent Investor" and have been amazed by some of the insights that he had. I'll be starting a new series referencing Mr. Graham and help to share and reinforce his knowledge to everyone...
- Getting Impatient
It's days like today that really make me mad that I don't have money to invest. More and more opportunities are starting to come around. I set a limit order for both VOD and WMT but then quickly cancelled them because it doesn't make sense...
Money and Finance
Waiting on a pullback...
I'm currently sitting on some cash that I want to put to work but am waiting on the markets to pull back some. I thought today might have been the start with the European mess rearing its head again but the markets bounced back up. I'm hoping for a second half pullback like we saw in 2011 because I won't be having much capital to invest until I can get my debt paid off around September of this year. I'll be paying off approximately $22,300 in debt between now and September which will be great to be done with that. That will free up my cash flow so much and allow me to invest much more. I'll be able to truly save between 70 and 80% of my after tax income instead of "saving" it in debt repayment.
I haven't had any new purchases recently and I'm getting a little antsy, I need to find something to distract these idle hands until I can get a better entry position.
- Dividend Update - August 2012
August was a slow month for dividends with only 2 companies paying out during the month. I'm looking forward to September rolling around when I will have the majority of my portfolio paying out for my largest monthly payout so far. I'm still...
- Patience
In the investing world of today, waiting for the right price doesn't take too terribly long. This is something that I need to remember as I'm currently sitting on a 25% and 21% cash position in my brokerage account and my Roth IRA respectively....
- Debt Is Almost Gone
Earlier this month I charged almost the rest of the balance of our high interest debt off. This month I charged a total of $9.766.39 to my credit cards to pay off our debt. I left a little bit on for next payment so they take the full amount with the...
- The Intelligent Investor
I've started reading Benjamin Graham's book "The Intelligent Investor" and have been amazed by some of the insights that he had. I'll be starting a new series referencing Mr. Graham and help to share and reinforce his knowledge to everyone...
- Getting Impatient
It's days like today that really make me mad that I don't have money to invest. More and more opportunities are starting to come around. I set a limit order for both VOD and WMT but then quickly cancelled them because it doesn't make sense...