Entries for February, 2008

College and a parent’s responsibility

When the topic of college education comes up, there are generally two issues that come up.  The parents will pay for their child’s college education, at the expense of their financial well-being and / or retirement fund.  The flip side is the child ( young adult ) who is going to college, without parental assistance, [...]

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Make your money work for you

One of the oldest and simplest financial strategies is to let your money work for you.  If you’ve never heard it before, then you may not really follow.  Let me try to put it another way.  Would you rather put in a hard day of 10 hours work to get paid, or would you rather [...]

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Llamafolio Update – up 32%

It’s time once again for your irregularly scheduled Llamafolio update.  Unlike my last update, in which things weren’t looking so hot, I have some great news.  My overall virtual portfolio is up a whopping $640.24 , or 32%.  That’s simply huge.  How’s it break down?  Let’s take a look: WM is on a rampage I [...]

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January 2008 Net Worth Report

One of my favorite sayings is this – “If you don’t know where you are, how can you know where you’re going?”  That saying applies in personal finance too.  How can you have all kinds of lofty financial goals, when you don’t really know where you stand right now today?  That’s why I do monthly [...]

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