2million's Personal Finance Blog

My Journey to Financial Freedom

December 1, 2006

Why Do I Own No Bonds In My Portfolio?

Someone recently asked me why I don't own any bonds in my portfolio. It’s a great question, here is my current justification: I am not convinced bond funds are a great investment. After all, the reason to invest in bonds...
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December 4, 2006

November 2006 Net Worth Update (+$8,974)

Another ok month, I can't be but so critical when my net worth is seeing high 4-digit increases. However, I think there is some room for improvement. If I want to be financially free asap, I need to stretch a...
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December 5, 2006

Chief Investment Losses

I am still trying to finish up my reading of The Intelligent Investor. Benjamin Graham's book is a hard read. I often find I can only read a page or two in a sitting and need days to reflect on...
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December 6, 2006

Pay for Performance

Despite my graduate studies following Dr. Edward Deming, a believer of the "willing worker", I am a true believer of pay for performance models. I recognize that I perform better when I can associate my income with my efforts. As...
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December 7, 2006

Bill Gates Net Worth

Bill Gates (William Henry Gates III), Co-founder and former CEO of Microsoft has been rated by Forbes as the richest person in the world for the thirteenth straight year as of October 2006. According to Forbes, Bill Gates' current approximate...
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December 8, 2006

Current Streams of Income

One of the areas I want to pay more attention to is developing multiple streams of income. I hope to dig into over the next week. The concept is to develop income from multiple areas basically so that "all your...
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December 10, 2006

Free Energy Efficient Light Bulbs

I swung by a Lowes Home Improvement Store Saturday morning and noticed they have the Bright Effects 13w Compact Fluorescent Light Bulbs (4-pack) for $7.98 plus a $7.98 rebate. These energy efficient light bulbs are equivalent to 60w light bulbs...
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December 11, 2006

Insurance Policy Breakdown

A reader recently asked about what insurance policies I have. Here is a breakdown: 1) Car Insurance I only have liability and uninsured motorist coverage (required by law) on my car insurance. My current premium is $187 for 6 months....
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December 12, 2006

As-is Future Income Streams

Earlier I took a look at my current income streams. Now I would like to take a look at what my income streams will likely look like in 2008 if I don't make any major changes. The biggest difference would...
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December 13, 2006

3 Guaranteed Ways to Grow a Personal Finance Blog

If you already have a personal finance blog or found Jim's 25 steps to creating a personal finance blog, you are likely trying to find ways to grow your audience; I have a couple extra tips that are guaranteed to...
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December 15, 2006

Free Value Line Stock Investment Reports

I stumbled across this link to free Value Line Research reports for the Dow stocks. Its a handy link for me - I have several investments in the list: IBM, PG, PFE, MRK, JNJ, XOM, GE, and MSFT. It was...
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December 18, 2006

Airport Lounge One-Day Passes

Looking for ways to travel in luxury without paying a small fortune? While I am all about keeping costs to a minimum when I travel, my fiancee isn't the budget travel warrior I am. The challenge for me is to...
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December 19, 2006

Sketchy Temporary Assignment Tax Deductions

Earlier I highlighted the major deductions available (as misc unreimbursed business expenses) available to me as a result of my temporary assignment for work. However, there are still lots of other "grey" areas that are on the fence as to...
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December 20, 2006

Five Things You Didn't Know About Me

I'm running a little behind on this since I have been in the process of wrapping up my temporary assignment and coming back to NC, but LAMoneyGuy was kind enough to tag me. So Here is Five Things You May...
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December 28, 2006

Benchmarking my 2006 Net Worth

At the end of the year I always like to take a quick look at my current net worth compared to the benchmark I have created to make sure I am on track to reach my $2 million net worth...
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