Posts about my goals, both short and long-term.
7th October 2007
I know I know, it’s been forever since I’ve posted anything… I’ve been completely consumed by various things including selling our old house, working on a project for a client and life in general. It seems I’ve gotten out of the habit of posting (or gotten into the habit of NOT posting) and have ignored you all for too long (again)… For this I apologize.
Posted in Investing, Miscellaneous, Moving to Illinois, My Goals, Real Estate, Retirement | 4 Comments »
21st June 2007
Our second buyer backed out at the last minute. Turns out they could not obtain financing. So, we’re back where we started…
Posted in 0% Credit Cards, Miscellaneous, Moving to Illinois, Real Estate, extra income | No Comments »
2nd June 2007
The international buyer fell through…not entirely surprising.
We did end up with another offer on the house that we’ve accepted. They are using conventional financing and are pre-approved for the purchase amount. The inspection happens next week and the closing is set for June 15th.
Posted in Moving to Illinois, Real Estate, Retirement, Saving Money, solo 401k | 4 Comments »
13th April 2007
Writing from the road so this will also be short…
We received an offer on our house in Detroit. It is well below our asking price (asking $465, offer is $350). We’ll try negotiating it up a bit.
Posted in Moving to Illinois, My Goals, Real Estate | 2 Comments »
12th April 2007
This will be a short note as I am leaving for LA in a few minutes for a meeting with my largest client…
Just wanted to post to say we retired our HELOC debt this week! You may remember my post back in November about setting goals.
Posted in 0% Credit Cards, Credit Cards, Debt Reduction, HELOC, My Goals, Saving Money | 2 Comments »
18th March 2007
Welcome back…
First off, I apologize for being gone so long. A lot of things going on in my personal life that took precedents over writing on the site. That situation has stabilized for the moment anyway so I’d like to get back to writing on a more frequent basis.
For my first post back, I thought I’d do an all-encompassing update that touches on all things financial in my life. So here goes…
Posted in Debt Reduction, Insurance, Moving to Illinois, Retirement | No Comments »
28th December 2006
As I mentioned in an earlier post on Saving on taxes through additional retirement savings I’ve selected an administrator for our solo 401K. In the end after talking with nearly a dozen providers it came down to two choices.
Posted in Retirement, Saving Money, Taxes, solo 401k | 4 Comments »
1st December 2006
Some of you may have heard of dividend capture strategies used for stocks. I’ve tried it in the past with limited success and no longer look at dividends as part of short-term investments. This year many mutual funds will be distributing relatively large amounts of capital gains. This is due in part to their having used up the tax credits for losses from the tech bubble crash. All this got me to thinking about whether this would work well in a tax-deferred account.
Posted in Investing, Mutual Funds, Retirement | 3 Comments »
16th November 2006
Having goals is so important to getting things done. That is the main reason I have this blog, it forces me to publicly set goals, which makes me strive that much harder to meet them. I believe some goals should be easily attainable but some should be hard. If you set your sights too low you’ll never push yourself to your full potential.
Posted in 0% Credit Cards, Debt Reduction, HELOC, My Goals | 3 Comments »
14th November 2006
My wife and I are in a rather unique (for us anyway) situation this year. She lost her job at the end of January, and was given a lump-sum severance equal to nine months of her salary. The severance was taxed at the 25% bonus tax rate which means a huge chunk was withheld by the federal government. To make matters worse, there were no 401K contributions taken out of the severance amounts, meaning the full amount would be taxed.
Posted in Investing, Retirement, Taxes, solo 401k | 2 Comments »