Archive for January, 2008

2008 goals for “Stealth Wealth Inc.”

2008 Goals
-Continue to contribute 6% of my income to my 401k
-Get my Emergency Fund to $3k
-Save $4K for engagement ring
-Stretch Goal: Start a dividend portfolio with at least $3k
-Pay $100 per month on Sallie Mae Student Loan
-increase EPS to $1.00
-Reach a book value per share to -$1.00 by year end
-Reach and maintain a profit margin […]

2007 Year end review

This past year was my first year working a full-time job. It’s exciting to have my first full year of highlights, which will serve as a benchmark for 2008 numbers.
I have a goal of having a profit margin of 50% or better, but I do not see that being achieved until the 2nd quarter […]

Monthly Update: December 2007

December was the first month of 2007 where we had a negative net income for a month. Net income for the quarter was still able to grow by over $400 compared to Q3 because of the credit card payments being so low for the quarter.
Total income was down due to a realized loss. […]

Readers Release: Sold shares for an $800 loss

Monday I sold all of my holdings in my portfolio.  Monday was the last day to sell shares for the 2007 tax year.  I took around a $800 realized loss from the sale.  For the year my realized losses are around $300 with gains earlier this year.
I have 3 reasons for selling.

I didn’t see the […]