My 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.

Related in General:

Save Money on Overhead Garage Storage (Aug 28, 2012) With the upcoming expansion of our family, my wife and I have been discussing the space in our home. While we have a good size home (~2,600 sq ft), its currently laid out with 3 bedrooms and 1 bonus room...

When is a SmartPhone the Right Financial Decision? (May 14, 2012) I last purchased a typical cell phone back in October 2008 with a 2 year contract when we returned from China. My old cell phone broke while we were on assignment in China and I needed something once we...

Black Friday Shopping Highlights (Nov 27, 2011) I have little interest in going out and standing in long lines to pick up a few deals on Black Friday. However we did pick up a few deals over the weekend mostly online: $159 GE Front Loading Washer @...

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A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,938,393


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