Review
2007 Year End Review (I): Financial Moves
As we are approaching the finial day of 2007, I feel it’s time to look back and examine what we have done in the last year that could affect us financially, both in the short- and long-term, as I did at the end of 2006. Since we didn’t make any official goals [...]
Pay Ourselves First: The Way We Save and Invest
After I posted our latest score card update last week, MoneyNing asked me if I can share how we accumulated our net worth and the source of the growth, whether it’s from our salaries or investments.
Actually, I have touched this topic quite often in the past (for example, when we reached the half-million mark). For [...]
Should We Simplify Our Finance?
Some how I started to feel that we need to make some overhaul of our finance to make it more efficient and easier to manage, though we haven’t reached the point that things are out of hands yet. Partly because that getting a credit card, opening a bank account, and buying a stock are so [...]
My Best
Early last week, FMF at Free Money Finance announced his own version of “March Madness,” competition of best posts from personal finance bloggers. I thought it’s a great idea to get a chance to read what other bloggers consider their best articles. Also since I have been writing on this Dairy for 6 months, it’s [...]
2006 Year-End Review III: Net Worth
This is the third part of my year-end review. In the first two segments of this review series, I looked our own contributions in 2006 and how a good market helped us in growing our net worth. Now it's time to see how we did exactly.
We started 2006 with a net worth of $294,299 [...]
2006 Year-End Review II: Performance
This is the second part of our 2006 year-end review. In the first part, we looked at what we have done in 2006 in order to grow our nest egg. The main contributer to our net worth is our regular contributions to all accounts. In fact, we totally added about $87,608 new money into our [...]
2006 Year-End Review I: Financial Moves
As 2006 is winding down, it’s time to look back and examine what we did, how we did this year and where we will be when 2007 begins.
In the first part of this year-end review, I summarize the moves we made in 2006 that affected us financially.
Mutual fund investments
In 2006, we continued our regular investments [...]
Year-to-Date Passive Income
This is definitely the first time I ever checked the total passive income generated in the middle of the year. I usually crunch the numbers once a year when I fill the tax returns. Out of curiosity, I spent nearly an hour last night and summarized the money that are generated by money for 2006 [...]
