Dollar Cost Averaging
I was reading Poe’s post about Dollar Cost Averaging and was playing around with the numbers. I realized that the shorter the time frame for your automatic investments (assuming same total monthly contributions) the better your dollar-cost-averaging affects are. Here’s my example.
SEMI-MONTHLY PLAN
Month Price Amount Shares
Jan $10 $20.00 2.000
Jan $8 $20.00 2.500
Feb $9 $20.00 [...]
Philadelphia Investment Update #7 – New Tenants
My agent called today and told me some really good news. He has found new tenants for me. The new tenants have very good credit, some of the best my agent has seen. They also have stable jobs, two kids, and a dog. Because they have a pet, my agent took down $300 for pet [...]
Trading Stocks
I’ve been recently closely watching the stock market and monitoring my list of stocks. My current favorite pick is Click Commerce Inc. (CKCM). I’ve played the swings and made some decent money. I just added more shares yesterday. The stock price has been pushed down with no reason. The company is doing well and has [...]
Short-Term Goal Meter
I’ve added a new short-term goal meter on the right side of the template. The goal is to raise $10,000 in my savings account by 6/1/2006.
Thanks to Clutter2Cash for helping me set this meter up.
Business Idea #1 – SEND-A-TUNE
I’ve posted this idea on MMI #8 – Send A Tune. I really like the idea and I’d like to know how I can suggest this to a music/phone company.
SEND-A-TUNE is a service that lets you send a song to someone’s voicemail.What is it?
It’s basically a service that incorporates music into phone messages. The [...]
Business Idea Section
Lately, I’ve been coming up with a lot of new ideas. I’m going to create a new section for this and I’ll post some of them up when I have time.
Note: The Business Ideas are original thoughts of the author and shall not be copied without permission.
Backup Plan
Currently, most of my money is invested in the house and I have little savings left, so the question is, how do I prepare for the worst case scenario? Although I’m confident I can have the house rented out by November, I should still have a plan B.
My house is already rented out for [...]
Investment Goal Update
Earlier, I made a post about an investment goal with stocks. Since I have been pouring money on real estate in Philadelphia, I have withdrawn most of the money out of the stock account. I will now focus more on the real estate investment since that is a majority of my assets.
Short of Cash
My cash supply is dried up from buying a house. I have spent every penny and now I have to build up my savings again. So what do I do? Think of ways to make money of course. Growing Money is about making money! I referred to my Money-Making Idea #5 and posted unnecessary items [...]
Philadelphia Investment Update #6 – Closing Day
My schedule was really crazy today. I woke up before sunset this morning and traveled more than two hours to Philadelphia. I got to Philly around 10am but my house closing appointment is at 11am. My agent picked me up from Philly and drove me to the house for a pre-purchase inspection. We were running [...]
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