Archive for January, 2009
How much do you have in your emergency fund?
By Stealthy at 26 January, 2009, 8:13 pm
I know most financial “guru’s” tell you to have 3-6 months income put into an emergency fund, but I’m wondering how much people actually have put away. This number will definitely vary based on how conservative a person is with their finances. I’m a pretty conservative guy. Not as conservative as my wife, who wants […]
Read More >>Mechel OAO (MTL), buying deal because of the value!
By Stealthy at 21 January, 2009, 12:16 am
One of the companies that I have had my eye on dropped over 21% today. This company has dropped from a high of almost $60 a share down to $2.57 a share today. There is a billion ruble lawsuit against the company, but that only translates to about $30.3 million american dollars. Unless I’m missing […]
Read More >>Cash for stock investments
By Stealthy at 17 January, 2009, 11:51 am
I’m trying to find so cash to invest in dividend stocks to start building a dividend portfolio. Now is a great time to buy in to solid companies. One of my goals right now is to build our family’s online savings account to $10k, we’re only at about $6.5k, right now. After completing that task, […]
Read More >>November 2008 Financial Highlights
By Stealthy at 10 January, 2009, 3:54 pm
November 2008 compared to November 2007, profit margin dropped from 45.18% to 6.17%. While 6.17% is still positive, my goal is 15% to 20% profit margin. This would be how much money I have after all expenses are paid.
Revenue increased 16.40% during the past 12 months. We’ve been trying to build a stronger cash position […]
November 2008 Financial Status
By Stealthy at 10 January, 2009, 3:27 pm
Below is my income statement & balance sheet for November 2008. I’m a little late at getting it out but it’s out. With this being the first time in months that I’ve tracked my finances I really don’t have much to compare them to at the moment.
Income for November was $1,730.50. Misc. Income was from […]
