Author Archive

darby-direct.com paying 3.00% APY

I came across darby-direct.com this week and decided to open an online savings with them.  They are paying 3% compared to HSBC’s 1.65% I’m currently getting.  So far I’ve had no problems  except when calling and getting someone.  They say they were not prepared to handle the mass amount of applications they were getting after […]

Value in General Electric?

I’m addicted to watching General Electric’s (GE) stock each day.  At today’s close it was $9.08 a share.  This is a solid company who has their hands and all different sorts of products and sectors.  Their earnings are lower due to the fact that the whole economy has slowed tremendously, but once we’re out of […]

Opened a joint Sharebuilder

Today I opened a joint sharebuilder investment account with my wife.  I already had one just in my name, but I didn’t want to have investments in just my name.  I don’t have any investments with Sharebuilder at the moment but I figured it’d be better to go ahead and have an account with me […]

January 2009 Financial Highlights

This month and in future months/years I will not be including ESPP & 401k deductions under income/revenue.  I like to think of revenue as tangible cash that is deposited into my checking or savings accounts.
Profit Margin increased modestly this month by 0.14%.
Total Cash decreased due to paying off some debt.  Both assets and liabilities decreased, […]

January 2009 Financial Statements

I don’t have December’s financial statements so I’m just comparing January’s to November’s.  Income increased for the month since November.  Net income was over $1,800 mainly  due to a previous months paycheck being deposited this month.

Net worth increased by a little over $200  Even though we had more income we had a lot charged on […]

What’s Your Credit Age?

I was surfing the net tonight and I found a website that would calculate your credit age.  It’s kinda fun to play around with and see your age.  I took it and I’m a “Credit Connoisseur”.  I would love to see what everyone else gets just for kicks.  Click here to go to the site […]

Rebalancing my 401k for 2009

Today I changed what my 401k contributions purchase.  Previously they were purchasing 3 different mutual funds (2 mid-cap funds & 1 international fund).  I now have 100% going into a bond fund.  I’ve decided to give this fund a try because I would like to at least break-even in my 401k this year because I […]

How much do you have in your emergency fund?

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 […]

Mechel OAO (MTL), buying deal because of the value!

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 […]

Cash for stock investments

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, […]