Tuesday, March 25, 2008

Investments rock.

Yesterday was a rather interesting day. Work pretty much sucked. I just felt exhausted all day. You see I need a vacation from my Easter vacation. See what with staying up late with the boy and then getting up all early for Easter Dawn service I didn't do that well on resting over my much needed 3 days off. So the plan was to crash last evening.

A bit into the crashing I started to perk up, as normal. It just takes a bit of time for my head to stop spinning from a day at the office. So then I was organizing some files and found the information on my SEP that I had been initially sent.

Basically I think my SEP is totally awesome. For all that I complain about my job and my salary puts me fairly close to slavery, the benefits are pretty sweet. 5% (or is it 3?) of my pay is automatically contributed into a nice little retirement fund. The first contributions were In January but had some back payments that started in November. But aside from meeting with the financial adviser to set it up and then that first paper I'd basically forgotten about the whole deal. Which is really what I should do as I won't actually touch the dollars, except to adjust to meet the market or my life situation, until retirement.

But I decided to see if I could have an online account to look at it. Because, well, I like online accounts and to look at everything. And sure enough I could! And surely enough even more there was random free (or so it feels like) money!

Definitely very exciting.

So I have that and plus sometime eventually my checking account will clear through T. Rowe price and I can scoot in my Roth IRA contributions. Which will be sweet.

I actually have investments!

And on top of everything else while I was home talking finances with the family Uncle Dave brought something new to mind. I asked my father again if he had a record of the savings bonds that our in their safe deposit box. Apparently its around like $8,000 or something crazy like. Just that number there is already quite exciting, but I knew this before. Uncle Dave's point was that once mature those bonds are a ridiculously sucky investment. Instead I should and now intend to sometime cash out all of the mature bonds and put them in some much higher yielding investment. It shall be awesome. Like its actually possible that I could max out my yearly Roth Ira contribution in the blink of an eye. Whoa.

But if I did max that out where would I put it next. Its beyond what I have previously comprehended. This calls for farther research. [Don't tell father, he already laughs at my ridiculous financial obsession.]

Oh I also figure out last night that I can put all of these investments as well as any loans into Microsoft Money and then I get a complete full picture of my worth. It's some good stuff.

So thats pretty much whats up with me an.....wait just a minute now there was another development.

Life Insurance! really this topic ought to get a whole post of its own. But suffice it to say that starting April 1 if I show up dead it was probably my sister.

And I'm also contemplating opening another one or two savings account at different places to see whats best. As well as the ongoing thoughts of applying for a second credit card. I really will do these things someday. It just takes me many many many hours of thinking before I do anything. Which reminds me I should tell you about the Aquarium.

I have gone off in so many directions tonight. Really I was focused when I started this.

"The art is not in making money, but in keeping it."

2 comments:

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The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices around the world.
Do you want to become an affluent person?
That`s your chance That`s what you desire!

I`m happy and lucky, I started to take up income with the help of this company,
and I invite you to do the same. It`s all about how to select a correct partner utilizes your money in a right way - that`s AimTrust!.
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