Most Viewed Journal Posts on NetworthIQ
I've posted a new article entitled Compound Stock Earnings Review on my blog The Amatureist Financial Journey.
Due to crossposting and formatting restrictions within the MySpace system, the article will not be posted here.
Please visit The Amatureist Fin [...]
How about it millionaires (and millionaire's in the making) what should be the ideal % of networth with respect to your primary residence?
I know it obviously depends on the person and his/her situation. But just curious what % of take home income (excluding 401k) everyone is targeting for savings. . . I'm shooting for 10%, but still have a long ways to go!!!
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It has become quite trendy to advise against paying off the mortgage on one's home ahead of schedule. The argument used to support this advice is that, since the mortgage interest rate is usually quite low and the mortgage interest payments usually tax-ded [...]
Safe Deposit Box Expense: $1,120.00
Home Owners Association Expense: $2,000.00
Pet Care: $4,000.00
Trash Bill: $2,880.00
...and so on.
Why does it cost so much you say?
hee hee...
I've decided if I ever intend to retire early, all of my assets [...]
Was reading an article that said your net worth target should be your age * pre tax income / 10 . . . wow!! I'm only 27 and already WAY behind the curve . . . at least I should have some time to turn things around.
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This months NetWorthIQ update puts my Net Worth at $1,162,546. If you'd like to see details on how I've got to this position on a fairly modest salary income just by applying some sensible investment strategies, have a look through my posts at EnoughWealth [...]
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Below is a recent post on my blog about net worth and benchmarks for comparison:
Net Worth: How am I Doing? (open post to click on link)
Let's be honest. We do experience at least a small sense of satisfaction when our net worth appears to be higher than that of most of our peers. We feel a sense of pride and triumph when we break through a new numbers ceiling. What do the figures really me [...]
" ... Is it? Will I really find riches at the end of the tightwad road? I don't think so. Their's nothing wrong with saving money, and thier's nothing wrong with being careful not to waist money, but here are some good reasons it wont make rich. ... "
