Retirement Nestegg Report – April 2008

Retirement Nestegg Report – April 2008

Turned out to be a great month for my retirement nestegg growth, the best part is this months gains were due almost entirely towards investment gains versus me contributing a bunch of money. It just goes to show you that if you were going to try to react to the stock market fluctuations you will only end up shooting yourself in the foot. The market in general had been about as gloomy as it has been since I’ve been investing and last month was no peach as far as the direction my investments were heading, but I’m pretty sure this month has been one of my best performances ever. Regardless short-term glances like this mean nothing in the long-term other than looking back I can track my progress over time and see how insignificant month to month fluctuations really are.

I apologize for not posting more on my site and while I mean to start posting on a more regular basis I probably will not be able to keep up the daily posting schedule I once used to do. Kids, work, and my golf game just don’t leave as much time for blogging. The other part of the equation is that my financial/investing part of my life is sort of on cruise control right now so I have less to update and less to comment on. I’m sure this will change in the near future as well as we will start planning for a house we want to build in a couple of years, are putting in a square foot garden, and my kids are slowly approaching the age where teaching them about money will lead to some interesting blog topics. Until then here is my monthly report and look for some frugal gardening posts coming in the near future.

Traditional Rollover IRA – $13,225.62 (+8.40%)
My Roth IRA – $30,323.12 (+6.52%)
Wife Roth IRA (Scottrade) – $14,339.04 (+7.11%)
Wife Roth IRA (Zecco) – $2,757.84 (+0.29%)
Current Traditional 401k – $24,865.18 (+12.04%)

Roth/Traditional % = 55.45% (tax free)

Total Retirement Nest Egg $85,510.80 (+8.24%)

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