Saturday, July 11, 2009

End of June update

Small gain of $3,471 which puts me up to $217,447. Still trying to recover from spending some money on my landscaping. We have also come into several minor expenses that seem to add up. We've both got new car seats for the baby which are of course mandatory expenses. For one of the car seats we used several really good coupons which saved us about $50.00. For the month of July we have paid our property taxes ($1,600) and also have a $300 medical bill which was a co-pay for a minor procedure for the baby. All is well with the baby but $300 is now on the credit card that will be paid off by the end of the month. I have tried to offset some of these costs by cashing in some of our credit card reward points. That added up to $500 which was very nice. My wife and I have also both pushed some money from our personal accounts into the joint account to help catch up. Our cash accounts are sitting at about $43K. A few more months of building up the cash accounts and I will begin looking at paying down some mortgage debt prior to a rate reset in 3 years.

All for now.

1 comment:

Anonymous said...

Hi accounts are recovering nicely and I'm feeling much better about things. You mentioned watching Cramer to see when he says "sell it all." I am seriously considering selling it all soon if things keep going up this fast. I know there will be a drop again and I'll be able to get back in. I really think the recovery in the market is too fast. Good Luck!