September 12, 2011

Household Debt Snapshot September 2011

Here is an updated snapshot of our current debt (all mortgages on our primary and rental properties). The last debt breakdown I provided was back in March 2011 with a total of $356,358. Loan Description Property Balance Payment Matures 1...
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March 23, 2011

Updated Household Debt Snapshot

Here is an updated snapshot of our current debt (all mortgages on our primary and rental properties). The last debt breakdown I provided was back in April 2010 with a total of $377,596. Loan Description House Current Balance Matures 1...
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February 26, 2011

Warren Buffett's Annual Letter To Shareholders

Berkshie Hathaway released Warren Buffett's Annual Letter to Shareholders today on their website. As always its a very good read for nearly any investor. My Key Takeaways Additional insight into BH culture. Warren clearly creates a special culture in Berkshire...
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December 13, 2010

Berkshire Hathaway's Owners Manual

I recently reread the Berkshire Hathaway's Owner's Manual. It was originally mailed out to share-owners of Berkshire Hathaway in 1996, but has been periodically updated on Berkshire's web site. Its last updated was posted in February 2010 when Berkshire's annual...
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November 29, 2010

Low Cost, Easy Business Promotion Tip

I wanted to share this innovative and low cost business promotion technique I found in my driveway this week: A local business advertising their pet care services by dropping off a business card and a dog biscuit in a plastic...
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February 26, 2010

Thoughts on Improving Cash Flow

I spend a lot of idle time thinking about how we can get our personal finances back to the glory days of 2008 for us. Back when we didn't have a larger home, a baby, 2 incomes and all the...
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February 11, 2009

Trying to Keep the Economy in Perspective

Whats Wrong With the US Economy? -Housing Bubble is Deflating -The US economy is shrinking at an enormous rate due to downward spiral created and the uncertainty in the market Whats Right With the US Economy? -Energy costs are falling...
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June 23, 2008

Opened a Chinese Bank Account

With some help, I finally opened a local bank account in China at China Merchants Bank. I had been avoiding the need to use a local account by using my HSBC Direct Savings Account with HSBC ATM card to pull...
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December 14, 2007

How Much of Your Job Pay Is For Income Risk?

When I started my current career, I established a mental model of my job compensation that I believe helps me accumulate wealth. I looked at the salary I was receiving for my job at a technoglogy company that is in...
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January 16, 2007

Tallying my 2006 Passive Income

So where am I at with my passive income? After all this is just as important as measuring my net worth, if I can't generate enough income to pay for my living expenses, that I won't be financially free no...
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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 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 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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November 29, 2006

Do You Know What a Dollar is Worth?

Shortly after I turned 15 my first job opportunity materialized. A friend of mine was a dishwasher at a very small local restaurant but needed a sub one night. This was the moment I was waiting for - finally I...
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About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,252,129

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