My goal, as stated on the first page is to climb to the 1MIL mark by 2020. As of Oct 1, 2007, I have paid off the last of my consumer credit cards, so technically I have all “good” debt. If there is such a thing in mortgage and student loans.
Yes, I know, I own a house and there is an ongoing debate as to whether the house is an asset, or a liability. It will rage on till the end of time! I’m of the thought that the HOUSE is an asset. The MORTGAGE is a liability. But I digress, this isn’t the place for the house asset/liability debate though, this is.
- October 1, 2007 - $72,271.23
- November 1, 2007 - $70,103.39 (-2.99%)
- December 1, 2007 - $73,722.17 (+5.16%)
- January 1, 2008 - $75,211.22 (+2.02%)
- February 10, 2008 - $102, 052.16 (+35.68)*
- March 7, 2008 - $104,840.57 (+2.42%)
- April 1, 2008–$116,557.16 (+10.54%)
- May 9, 2008 [$120,697.64 (+3.55%)]
Here is the latest progress bar ride:
* - I’m guessing this has to do with “my conspiracy theory” that the housing market site prices are in cahoots with the Feds. 
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11 Comments
April 18th, 2008 at 5:40 pm
Great site and good luck reaching your goal
Cheers,
Ken
Ken’s last blog post..Test
April 23rd, 2008 at 7:56 am
what happens when you reach $1,000,000.00?
remember aesop’s fable about the miser who buried his gold?
dont get me wrong - this is a noble quest - but what happens after?
anyway - one step at a time right? good luck!!
Jamieson B Taylor’s last blog post..Didnt Know All This Would Unfold
April 23rd, 2008 at 4:50 pm
@Ken - thanks!
@Jemieson B Taylor - thanks for stopping by! When I reach my short term goal of 1MIL, I’ll likely bump it up to 2MIL by another date. Putting a timeframe around a goal makes it a “SMART goal” and keys on the “T” for timely. If you don’t have a timeframe, how do you know when you’re there?
April 23rd, 2008 at 8:56 pm
agreed - how will you know when you are there? when is enough enough?
i guess this is why poets will never have a lot of money and misers will ne’er be poets
at the end of the day its really about “value” isnt it? how will you “value” your life? how will you “spend” your most valuable commodity - time? every breath you “spend” is worth more than all the money in the world isnt it?
its not that i dont admire what you are out to do - its just that i dont understand - pls dont take offense - pls help me to understand - what does this quest mean to you?
jamieson b taylor’s last blog post..Didnt Know All This Would Unfold
April 24th, 2008 at 7:52 am
Hey Jamieson - no offense taken at all.
Funny story, I actually have written a LOT of poetry in my day. I grew up pretty poor (click this link to see my story) and never really got any good financial advice.
When is enough enough? When I’ve got a strong enough financial education that I can support my growing family and not worry about living paycheck to paycheck. It’s possible, and I would prefer it; heck, by 2020, $1,000,000 will likely not be enough.
All in all it is about financial education. I could barely balance my checkbook before starting in on this path…
Hope that helps!
hank
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