2million's Personal Finance Blog

My Journey to Financial Freedom

March 1, 2006

Taking Assessment of My Portfolio Returns, Part 3: Cash Accounts

In the 1st part of this series I determined that the total return for my net worth was a measly $2,094. In the 2nd part, I found my retirement accounts had a respectable return of $8,331 for the year.Now I...
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March 2, 2006

BusinessWeek: Follow My Money

This week's issue of BusinessWeek includes an article Follow My Money, by Jessi Hempel, which profiles Jonathan Ping, author of My Money Blog. It also mentions several other personal finance bloggers and related sites including yours truely and:Make Love Not...
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March 6, 2006

February 2006 Net Worth Update (+$8,354)

Here's my net worth update for February as of 2/28/2006. I'm happy to report another solid month of gains. At this rate I have underestimated my 2006 financial goals and may need to revise them to challenge myself further for...
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March 7, 2006

I Have Hit a Personal Finance Milestone!

This month I have hit a personal finance blog milestone. As you know the focus of this blog is to track my journey to financial freedom. I have defined this goal as a net worth of $2 million plus the...
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March 8, 2006

Taking Assessment of My Portfolio Returns, Part 4: Investment Accounts

In the 1st part of this series I determined that the total return for my net worth was a measly $2,094. In the 2nd and 3rd parts, I found my retirement and cash accounts had respectable returns of $8,331 and...
Continue reading "Taking Assessment of My Portfolio Returns, Part 4: Investment Accounts" »

March 10, 2006

Taking Assessment of My Portfolio Returns, Part 5: Company Ownership

In the 1st part of this series I determined that the total return for my net worth was a measly $2,094. In the 2nd and 3rd parts, I found my retirement and cash accounts had respectable returns of $8,331 and...
Continue reading "Taking Assessment of My Portfolio Returns, Part 5: Company Ownership" »

Calculating Cost Basis for Rental Property

In 2005 I converted my home to a rental propety. In preparation for preparing my taxes this year, I need to establish my cost basis for the property. I paid $160,000 for this property. However, I have read in multiple...
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March 13, 2006

Determining Depreciation Amounts for Rental Property

Earlier I calculated that the total cost basis for my rental property was $162,042.00. I have done some weekend tax reading and it looks like there are several ways to maximize the depreciable parts of my cost basis.Essentially the breakdown...
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March 17, 2006

Emigrant Direct now at 4.50%

EmigrantDirect's Online Savings Account has boosted its rate to 4.50% APY. This tops both ING Direct and HSBC as the highest (non promotional/temporary) interest rate available. I have most of my short term savings and 0% Balance Transfers in my...
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March 22, 2006

Killian's Irish Red Beer Rebate

I have previously written about these little known beer rebates, but this one blows the others away. I just found this rebate at the local Food Lion (grocery store) the other day.This rebate is good in AL, AR, HI, IN,...
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March 26, 2006

Improved 2millionblog Site Design

Welcome to the redesigned 2millionblog.com site. Over the last couple weeks I have been focusing my time on trying to take advantage of some of the site's unused real estate and update the site's layout to provide more direct linking...
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Money Saving Tip: Free Valvoline Maxlife Oil

Change your own oil? Get 5 Quarts of Valvoline Maxlife Oil free after rebate.5 Quarts Valvoline Maxlife Oil RebateI typically change my own oil, but thats only because I have a stockpile of oil I have gotten for free after...
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March 27, 2006

Free IAMS Dog Tartar Treats

Sorry, I am on a freebie kick today. If you have a dog (my girlfriend has one so I am a proud parent too), sign up for these free samples of IAMS Tartar Treats.Free IAMS Tartar Dog Treats...
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March 28, 2006

Maximizing the Blockbuster Free Trial Offer

As you probably know, Netflix and Blockbuster both offer these great 30-day trials of their monthly rental subscriptions. I recently completed my free trial at Blockbuster and wanted to share my experience.1) Sign up - (see below for details), No...
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March 29, 2006

IKEA's Frugal Founder

I have a suspection that a majority of those that are truely wealthy share this trait. With the exception of many of the millionaire/billionaires created by stock options or inheritances I bet some form of frugality exists with all of...
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March 31, 2006

Here is my current asset

Here is my current asset allocation for all the assets on my balance sheet (just assets; this ignores liabilities). I don't have cars or personal property listed on my balance sheet so it won't show up here either. I suspect...
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