Well another good month for my total retirement nest egg as I broke the $50,000 barrier. It was due entirely to contributions though as my investments all were in the red this month, partially due to yesterdays little dip. As much as it’s fun to see me break the $50k mark I’d love it if yesterdays trend continued for a while and we went into a major bear market as I’d love to pick some more investments up on the cheap. One thing to note is that I now have a new retirement plan on the list as I recently switched jobs. Anyway here are the numbers.
My Roth IRA – $11,080.30 (-2.52%)
Wife Roth IRA – $13,984.38 (-1.68%)
Old Employer Traditional 401K – $11,807.45 (-1.05%)
Old Employer Roth 401K – $12,797.47 (+12.20%)
Current Traditional 401k – $617.67 (new)
Roth/Traditional % = 75.29% (tax free)
Total Retirement Nest Egg $50,287.27 (+2.77%)
FreeMoneyFinance is having his March Madness battle royal tournament of personal finance articles. If you aren’t familiar with the concept read below
Here we go with the first round of Free Money Finance March Madness (if you wonder what’s going on in these posts, see my article announcing March Madness and/or click on my March Madness category link and scroll down to read all the posts involved in this subject.) I’ve listed each “game” (one post versus another) in segments along with the wording provided by the author when the post was submitted. Be sure to comment which one you like the best out of each set of two as commenters have the chance to win a free book. Here we go:
Anyway my article on “Reasons why you should not save for Retirement” is squaring off against Suspension of Disbelief’s “13 Personal Finance Helpers” in Game 31. If you like my article go and tell FMF about it in the comments and while you are there vote on all of the articles in the first round. You have two days to finish up your votes.
I have 3 other articles in the tourney, but their games have yet to come out. Just by commenting over at FreeMoneyFinance you have a chance to win a free book, so head on over to FreeMoneyFinance and join in the Madness
The 63rd Festival of Frugality is hosted over at Stingy Students. Stingy went with a stars of Food Network theme. I’m a pretty big fan of the food network, especially Alton Brown (partly because his food is usually very practical and you learn a lot in the process). Some of the other chefs are fun to watch, but you probably won’t find me even know where to get half of the ingredients they use. Anyway my article on the Fine Line of Frugality is located under Ina Garten.
Here are some other articles that I enjoyed
Read More Read More
Step 1: Rack up some debt on your high interest credit cards
Step 2: Start paying your credit cards off.
Ok I know what a lame post, but to be honest if you have credit card debt and …
Read More Read More
This week’s carnival of personal finance is being held over at the binary dollar. I’ve talked in the past about how much work goes into hosting a carnival, especially now that they have grown to be so big and you get so many submissions. So when you do something creative like Binary Dollar did this week, you really deserve some credit.
This week’s carnival is all GUI based, in other words there are no words. Just a bunch of celebrity pictures in different categories. Each picture links to a article submitted to the carnival. Dawn at FrugalForLife did something similar with the carnival of personal finance a few weeks back and I love it. The carnivals tend to get pretty boring, especially due to their frequency and the large amount of submissions. I think it’s great when the host thinks outside of the box like this and makes things interesting.
Anyway go check out the carnival. I don’t want to put words into BinaryDollar’s mouth, but I’m pretty sure he thought my post was the best of the carnival, because well check out my celebrity icon
I ran across this quote in one of My Two Dollar’s articles a little while back and think it does a great job of summing up the attitude that frugal people have towards money (at least for me)
We save money for what is important to us, not what is important to other people. And that allows us to live a comfortable life on our terms, not on other people’s. We do not make a lot of money, lest you think that. We are just very careful what we spend it on.
– My Two Dollars
I just moved my site to a new hosting company. If you see anything out of whack please let me know. While I wasn’t having problems before, hopefully this means a faster snappier site for you.