Monday, January 22, 2007
Other Interests
I have a few other interests that may not go so well with the intention of the website. Let me know what you all think. Would it be okay/appropriate if I put in restaurant reviews, news (unrelated to finance), and bargain purchases? Thanks!
Sunday, January 21, 2007
My Current Investments
Long story short, I have been blessed that my family fully funded my college tuition and I am completely debt free. In addition to that, some my funds were given to me to allow me invest in my future. Specifically, I would like to purchase property (if realistic) before December of 2007.
These are my current Assests as of Jan 21st, 2007:
Vanguard Roth IRA:
Vanguard STAR: 192.78 shares * $21.06 per share = 4059.95
Taxable Account:
Vanguard Total Intl Stock Index: 226.76 shares * $17.77 = 4000.05
Vanguard Target Retirement 2045: 207.90 shares * $14.44 = 3002.08
Vanguard Total Stock Market Index: 87.08 shares * $34.43 = 2998.16
Cisco Systems = 1500 shares * $26.70 = 40,050.00
Cash Available: $16,000 in a high yields saving account at emigrantdirect.com
Total Assests: $70,000.
Quite a chunk of change to handle for a financially dumbo. I really need some financial advise, and quick. The 1500 shares of Cisco Systems and $16k was just passed on to me via a custodial account my parents had setup for me. The rest has been from money I have saved from work and prior to work. Let me explain my current dilemma. TAX, TAX, TAX, and RISK, RISK, RISK. I am young and able to take a hit, but I would like to receive all the feedback I can about my current situation.
These are my current Assests as of Jan 21st, 2007:
Vanguard Roth IRA:
Vanguard STAR: 192.78 shares * $21.06 per share = 4059.95
Taxable Account:
Vanguard Total Intl Stock Index: 226.76 shares * $17.77 = 4000.05
Vanguard Target Retirement 2045: 207.90 shares * $14.44 = 3002.08
Vanguard Total Stock Market Index: 87.08 shares * $34.43 = 2998.16
Cisco Systems = 1500 shares * $26.70 = 40,050.00
Cash Available: $16,000 in a high yields saving account at emigrantdirect.com
Total Assests: $70,000.
Quite a chunk of change to handle for a financially dumbo. I really need some financial advise, and quick. The 1500 shares of Cisco Systems and $16k was just passed on to me via a custodial account my parents had setup for me. The rest has been from money I have saved from work and prior to work. Let me explain my current dilemma. TAX, TAX, TAX, and RISK, RISK, RISK. I am young and able to take a hit, but I would like to receive all the feedback I can about my current situation.
This is my story.
Hello world. I am currently 23 years old and graduated with a degree in Electrical Engineering in May 2006. I am currently working in the Delaware Valley trying to discover what I love to do and where I want to go. This is my story in my efforts to bring myself from being one step behind, to being one step (or ten steps!) ahead of my peers. Since becoming (relatively) financially indepedent from my parents, I have been trying to optimize my personal finances. I have became a big fan of http://www.pfblog.com/, http://www.mymoneyblog.com/, and recently, http://www.iwillteachyoutoberich.com/.
Let me provide some background about myself and what I aspire to do with this blog. I come from a middle upper class family and have lived in California, Asia, the Midwest, and now, the Delaware Valley area. I have been surrounded by peers whose families have been made rich by the dot-com revolution as well as traditional wealthy families that own their own businesses. My point is, I have always felt a step behind financially compared to my peers. However, with this blog I hope to log my journey in becoming financially fit, as well as providing the audience several tips I learn along the way.
Please post any comments, suggestions, or questions that you may have. I will try my best to answer all of them.
In the next few weeks I want to discuss my Roth IRA, 401k, and personal taxable account. I know I'm way behind to the blogging scene but I promise to provide something new.
Enjoy.
Let me provide some background about myself and what I aspire to do with this blog. I come from a middle upper class family and have lived in California, Asia, the Midwest, and now, the Delaware Valley area. I have been surrounded by peers whose families have been made rich by the dot-com revolution as well as traditional wealthy families that own their own businesses. My point is, I have always felt a step behind financially compared to my peers. However, with this blog I hope to log my journey in becoming financially fit, as well as providing the audience several tips I learn along the way.
Please post any comments, suggestions, or questions that you may have. I will try my best to answer all of them.
In the next few weeks I want to discuss my Roth IRA, 401k, and personal taxable account. I know I'm way behind to the blogging scene but I promise to provide something new.
Enjoy.
Subscribe to:
Posts (Atom)
