Archive for 'Goals' Category

My Financial Report - June 2008

Jun 17th, 2008

Bank and Cash Accounts Currently, we have more cash than I’d like ($37K). The majority of my cash is now sitting at high-yield savings accounts such as HSBC Direct (3.50% APY) and E*Trade Bank (3.15% APY). I’ve been planning to buy some stocks in my taxable portfolio, but given [...]

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How Far Are You From Being Rich?

Jun 10th, 2008

Many wealth seekers say $1 million is no longer enough to be considered wealthy. Is $5 million really the new $1 million?
Everyone has own definition of “rich.” Let’s think about this, “rich” is a relative term, it means having more money than a defined group of people - our neighbors, co-workers, friends, etc. Ultimately, it [...]

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Saving 101

May 11th, 2008

Saving is about common sense, resistance to temptation, and personal priorities. Have you done the right things?

Consumer Debt: It’s hard to find a good reason to support that it’s brilliant idea to carry any kinds of consumer debt with an APR of 10% or more. If you have one, you should ask yourself why there [...]

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