February 26, 2008

  • I deleted a lame entry.  Unfortunately  Trendyhedonism and Ekin read it and were probably grossed out.  Sorry guys...

    My bf has been helping me a bit with some investment advice.  I have a modest retirement plan and it was time to add some spice to it.  I had too much money tied up in cash and money market.  I picked up a Canadian bank a few weeks ago and it's been up 6%.  I also invested into a mutual fund he recommended and it's just slightly below even.  But I knew this one was going to be a bit volatile.  He also recommended another mutual fund some time ago and that's up by 14%.  I also added an Exchange Traded Fund and that's gone up about 6% too.  I'm not rich nor am I a financial whiz.  I know more about capital losses than capital gains.  It's easy to be greedy and lose money in the stock market.   I'm paying a lot more attention to my little retirement fund than before.

    I did recommend a stock to him a few years back.  Let's just say my recommendations isn't as good as his. 

    I also made another pre payment my mortgage. Every bit helps reduce the overall amount of interest I have to pay on my mortgage.  I'm still not very disciplined about managing my money yet. I'm just taking a few tiny steps in the right direction. 

Comments (27)

Comments are closed.

Post a Comment