Twitter
Email
RSSMy Personal Finance Goal
As I mentioned earlier my primary goal is to reach a net worth of $2 million excluding my home. I have been steadily working towards this goal since I starting working in 8/2001.One of my goals for this blog is to help me fine tune my strategy for achieving this goal. I have been working toward this goal for 4 yrs and have many ideas on how to reach it but I don't have a clear strategy for getting there.
If I had to articulate my current strategy it would be to save as much as possible and invest my savings in investment vehicles that appear to offer the best rate of return for me.
In the past 4 years these investment vehicles have primarily included buying stocks mostly in a variety of DRIPs (dividend reinvestment plans) and buying a 3 bedroom house in 7/2002.
Similar Entries
Expanding Our Media Center (Jun 29, 2010) About a year ago I pieced together a $30 internet TV box that we have been using in lieu of paid cable TV. My wife and I have been very happy with the setup and its paid for itself many...
Xbox 360 - A Low Cost Media Extender? (Jun 17, 2010) With recent announcements about the Playstation and next generation Xbox it looks like prices have been marked down on Xbox360s in the last 48 hours. Infact both Amazon.com and Walmart.com have the Xbox 360 Arcade Spring 2010 Bundle (with base...
The Cost of Painting Yourself (Jun 16, 2010) My wife and I spent the better part of two weekends painting our 2 story foyer. We finally finished the painting this weekend and with the work complete we both still have lingering thoughts about whether it was worth the...
Comments (0)