In theory, I should be able to obtain at least 1 million dollars 10 years from now. As long as I stay frugal, and invest using principal of dollar cost averaging, and occassionally rebalance my portfolio (this is currently my biggest weakness), then I should be able to conquer that million dollar milestone. How did… Continue reading Tools To Help Me Become Financial Independent
Can An Individual Make A Difference At Work
I have a friend that’s a director that told me that we’re all replaceable. Her claim is that everybody at where I work, can easily be replaced. I’ve been thinking about this, and I agree, we can all be replaced… but does the company suffer when they replace the wrong person? I’ve noticed that sometime… Continue reading Can An Individual Make A Difference At Work
Stock Market Rebalance Opportunity Missed
Yesterday, I missed another opportunity to rebalance my 401(k) account. I had this magic number in my head, and once I hit that mark, I swore to myself that I was going to rebalance my portfolio so that it had less exposure to the equity markets. I was less that $1,500 dollars away from hitting… Continue reading Stock Market Rebalance Opportunity Missed
Funneling The BP Oil, Buying The Stock Again
Okay, I bought back into the BP stock again. Why? First, the stock went down 10% from where I cashed out. While 10% isn’t quite the percentage that I was hoping to buy back in at, I tried to gauge how far the stocks would go down. How did I do this, you might ask? … Continue reading Funneling The BP Oil, Buying The Stock Again