2million's Personal Finance Blog

My Journey to Financial Freedom

December 1, 2005

Profiting from S&P 500 changes

I remember reading about a stock trading strategy that involved changes in the S&P500. I can't remember the details, but the idea was one of simple supply and demand. Any stocks that were added to the S&P 500 stock index...
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December 2, 2005

November 2005 Net Worth Update (+$8,582)

Here's my net worth update for November as of 11/30/2005. A terrific month in large part due to a nice market upswing and significant share price gains in IBM and Merck. I am very close to my EOY goal of...
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December 5, 2005

Money Saving Tip: Buy Parts Yourself and have Mechanic Install Them

About 1 month ago (ironically just after I finished paying my car loan off), I started having trouble starting my Nissan Sentra. I am not even close to being a mechanic; about the limit of my car knowledge is that...
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December 7, 2005

My $2 Million Net Worth Goal Part 3: Lessons Learned

Previously I discussed the starting points and assumptions I used to develop a forecast of my annual net worth that I used as a basis for formulating my $2 million net worth goal. Since I have been chasing this goal...
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December 9, 2005

Adjusting for my Potential Tax Liability

As you may have noticed from my net worth reporting, I don't really report liabilities that are accruing such as taxes on a monthly basis. I typically receive a small refund from my income taxes each year so it has...
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December 12, 2005

Setting a 2006 Net Worth Goal

Its about time for me to start setting a 2006 net worth goal. It looks like I will end this year with a net worth of $206,000-$208,000, above my target of $205,000 for 2005.So how do a pick a target...
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December 14, 2005

What is your Savings Rate?

A big part of reaching my goal is saving a high percentage of my earned income. While it sounds like it is an easy thing to calculate, up till now I haven't had any idea how much of net worth...
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December 19, 2005

Patience Paying off, Pfizer May Have Turned the Corner

Not too long ago I was really bummed with my Pfizer investment. I have been steady investing in Pfizer stock since 2001 all the while the share price pretty consistently losing value.I thought Pfizer was a great company and a...
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December 21, 2005

Brainstorm - Buying Real Estate in Your Hometown

I have been kicking this half-baked idea around for awhile. As I suspect is the case with many you, I no longer live in my hometown. I live a few hours away and go visit my family and friends in...
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December 27, 2005

The Best Time of the Year to Buy!

Being as frugal as I am, I typically don't buy things that are aren't an immediate necessity. Any purchase I can put off or convince myself I don't need right away (even when I think I find it at a...
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December 30, 2005

Free Premium Entertainment Coupons

As you may know one of the ways I reduce my dining expenses is using the Entertainment book, although I wait until later in the year to buy an Entertainment book after they have been discounted. However I just found...
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