Accumulating wealth is like building The Great Wall, one brick at a time
Category: Net worthBy Sun on May 1, 2008 in Net worth, About me | 1 Comment
After five straight monthly loses, we finally saw some meaningful increase in our paper wealth in April, thanks to a strong showing in the stock markets. Our net worth has suffered huge losses since last November when stocks peaked and started trading lower and lower amid financial market turmoil. In the past five months, our […]
By Sun on Apr 1, 2008 in Net worth, About me | 5 Comments
Just when I thought maybe the worst was over last month after seeing a negligible drop in our next worth in February, we were hit again in March as the stock markets continued to struggle, though the amount lost on paper isn’t as bad as the first couple of months of 2008. In fact, except […]
By Sun on Mar 3, 2008 in Net worth, About me | 3 Comments
The harsh reality that the Dow lost more than 430 points in the last two trading days of February didn’t help when it comes the time to count our nest eggs. In fact, the benchmark held a little gain when the market closed on February 27th. But all three major indices sold off on the […]
By Sun on Feb 4, 2008 in Net worth, About me | 2 Comments
What used to make us, now broke us.
For a third time in a row, our paper fortune dropped after the broad market suffered deep decline in the first month of 2008. Our calculation showed that at the end of January 2008, our net worth, excluding house and vehicle related items, was at $551,521, down […]
By Sun on Dec 3, 2007 in Net worth, About me | 3 Comments
It’s that time again and what I am looking at is not pretty, as expected.
November turned out to be a very tough month for investors as both the S&P and the Dow had the biggest monthly decline in five years. Despite the second rate cut by the Fed in as many months, concerns over subprime […]
By Sun on Nov 1, 2007 in Net worth, About me | 1 Comment
The Federal Reserve gave investors a Halloween treat yesterday by cutting the key lending rate a quarter-percentage point. The second rate cut in two months gave the stock markets a boost, pushing major indices up more than 1% Wednesday to finish the month on a strong note. For the month, the Dow gained 0.3% to […]
 |
|
