Thursday, August 11, 2011

$20,020.48

8-11-11
I increased my meager amount by a pitiful sum… I went from 20005.86 to 20,020.48! I put in part of the money from a shopping trip saved buying bulk and store brands BUT unlike what the store wanted I didn’t spend it on something else I really did save it. If I got $0.86 in a month then the $14.62 is the equivalent of 17 months of letting the money just sit. This other account says it has earned about six dollars already this month but that isn’t the point. The point is cutting expenses made as much difference as sitting passively for almost a year and a half.
The market was up today. Does that mean it will be down tomorrow? If it has been like this week it will be both up and down. I am seriously considering putting some money in something paying a high dividend. It isn’t day trading and the market is pretty volatile. I don’t know if I should. I can’t risk the nest egg but the savings rate STINKS thanks to our beloved government officials.
There are two little ones crying in the room right now and it makes me think I should have spent more and bought candy to bribe them with. Perhaps not. It isn’t good for them anyway and they probably prefer the attention to candy so I better just get off the computer.
Oh well, still moving incrementally in the right direction: $20,020.48

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