Friday, August 19, 2011

About that "New Toy"....

On July 26th, I shared how excited I was to be the proud new owner of a Keurig coffee maker. My reasoning behind the purchase was largely because I was spending quite a bit of my food budget at Panera Bread on coffee and bagels.

Well whaddya know. Just two days ago, my colleague bought a Keurig coffee maker!!!

I'm seriously reflecting on my $120+ investment. I've thought about selling it on CraigsList or Ebay....that way I won't have to keep up with the occasional $13 purchase of fancy K-cups and I can freeload off of use the ones at work.

What do you think? Should I sell my new toy and indulge in the one at work? 
Or Should I keep it?

Tuesday, August 16, 2011

We Stole Your Stuff

If you've ever paid attention to the time of day that I publish my blog posts, you'll notice that it's usually during regular business hours (i.e. when I should be focusing on the work for which I receive compensation).

Well, today is a special exception....because my work laptop was stolen.....once again.....while people were in the office (thank goodness no one was hurt!).

The last time this happened was about 10 months ago (on October 28, 2010, to be exact). Nevertheless, when I get into a better frame of mind and can focus, I'll be sure to share my most recent financial experiences.

I apologize for shortchanging you today.

Tuesday, August 9, 2011

A Post Full of Pictures: Ups and Downs

A quick update before I get started...
In the August net worth update, I wasn't sure if I had had a recent contribution. I didn't. As promised, I double checked, and my most recent contributions were on 08/05 and 07/20. I wrote the August update on 08/02 and the July net worth update was posted on 07/20 ;)

Now on to today's post...(in pictures screenshots)

The past few days have looked like this....

Am I stressed? Nope. Why? Mostly because I don't intend to access the money in my investment accounts for another handful of decades. Additionally, in that time, I plan to allocate my assets (and diversify within asset classes) to reduce my exposure to equities (I'm thinking pet rocks might be a good bet in my older age, but that business sounds vaguely familiar...). It also doesn't hurt that my investments (outside of my 403b) outperformed the S&P 500 and DJIA =)

Thursday, August 4, 2011

August Net Worth Update

My assets decreased by $579.62 and my liabilities decreased by $587.71. This is the first time since reporting my net worth updates that my assets decreased! Here's the summary explanation:

403(b): (+33.06) I'm rather sad about the pathetic performance of this account. I haven't double checked, but considering that my last net worth update was so late, I think this simply reflects an increase in my investments. Otherwise, this number includes my matched contribution(s) and simply shows how the market took it's toll on my investments....and that $33.06 is all I have to show for it. I'll get around to checking on the details and will update you.

Emergency Savings: (-394.74) In the last net worth update, I mentioned that I'd take $400 out to cover my car registration expenses. Well. This is the effect of it: $57.14 in my "emergency savings" account. I'm not losing any sleep over it. In the event I have a major unexpected expense, I'll put it on my credit card and will pay the balance with "car payment" money. Sounds familiar, hunh?

Regular Brokerage Account and Roth IRA: (-98.75 and -169.19) I really don't want to talk about this. But, a part of investing means that your equities are at risk of losing its value. That totally happened here.

Savings Account: (+50) I transferred $50 to this account in preparation for a trip to New England. Only a day or two later, plans for such a trip were scrapped (at least for this year). I think I'll re-transfer the money and use it to cover my massive credit card debt. A bit on that later...

Car Loan: (0) Despite having money transferred to my credit union account, I have not gotten around to transferring the funds to my car loan account. I'll receive a direct deposit this week, and thought that I would wait until new car payment funds cleared so I could make a larger payment. I know, it doesn't make much of a difference and I should probably stop being lazy.

Credit Card: (-6.00) Since receiving my new rewards credit card, I've been treating my old one like a bald-headed-stepchild (or however the saying goes). The $6 balance on the card is a recurring service I pay for. Since it's related to work, I should probably get around to submitting a reimbursement for it. I know, laziness is rearing its ugly head again...

Rewards Credit Card (-703.49) So far I've racked up 11,674 points (put another way, I can redeem it for travel worth $116.74). I've also racked up a bunch of debt. In fact, my balance is $1,115.65 (as of 08/04). Airfare, gasoline, food, car parts, and other stuff. I need to reconfigure my expense tracker to better capture how much I'm spending in these various categories. Currently, they're all filed under my "CC Rewards" column.

Student Loan: (+121.73) As I indicated in my last update, my student loan payment decreased (I still don't know why). Anywho, I am $121.73 closer to a zero balance.