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Archive for October, 2008

403-B/DCP

October 31st, 2008 | No Comments | Filed in 403b

The last 403-B/DCP report of this month is finally here, I got paid three times this month and that feels good. wish every month was like that but sadly that is not the case. I lost money again so my losing streak continues, the good news about it is that I only lost $66.98 and I’ll take that. I am going to continue riding this wave and sooner or later things will turn around and I’ll be there when it happens.

403-B  
Started $1,057.76
My Contribution $     50.00
Down $     59.18 
Balance $1,048.58 Rate of return -48.8%
   
DCP  
Started $482.35
My Contribution $  17.58
Down $    7.80
Balance $492.13 Rate of return -39.5%
   
Total $1,540.71
Down $     66.98

Volatility

October 29th, 2008 | No Comments | Filed in Investing

It seems that the only thing the market needs to have a huge move nowadays is just to hear a sneeze. I don’t know what that sneeze was yesterday but I do know that the market was up 889 points and all I can say is big deal. If the market were on the right track then that would be a good reason to celebrate but things being the way they are that big one day gain means nothing to me. Why?, because it could all be gone today as we all know. I may be wrong or I may be right but the bottom line for me right now is just to survive this crazy market.

Weekly Investing Report 10/27/08

October 27th, 2008 | No Comments | Filed in Investing

The market has been in a slump and as a result so have my stocks and since there is nothing I can do but watch I have been doing the exact opposite of that and that means I have not been paying attention to the market at all. Anyway, my account was down $495.60 last week and that is the way things have been as of late. Hang in there people, I know times are tough but guess what, we are a lot tougher and if you agree with me let me hear a hell yeah!!.

Scottrade Account (30)

I had no trades last week.

My investments look like this now, 10 Ford (F) shares, 10 Marvel (MVL) shares, 10 International Coal (ICO) shares, 10 Star Bulk Carriers (SBLK) shares, 20 Visa (V) shares, 40 JPMorgan (JPM) shares, 40 Bank of America (BAC) shares and 70 National Bank of Greece (NBG) shares.

I start this week with a total account value of $3,856.67

Shopping Equals Debt

October 24th, 2008 | 1 Comment | Filed in Personal Debt

If you have been reading Mydailymundo then you know that I have been doing some shopping and as a result of that I am going to be in debt and that debt will only get bigger because I still have some shopping to do. The total so far is $381.57 but not all is bad news. I used my American Express card so I am going to get some points back and that is one of the reasons that I got that card to begin with. I don’t know what the final amount will be but when all is said and done I know that I am going to be in debt. My plan is to paid it off before this year is over and begin the new year debt free.

Best Sellers

October 22nd, 2008 | No Comments | Filed in Uncategorized

I was surfing the net yesterday and I ran into an article about the best selling cars for the first nine months of this year. I am a sucker for those types of reports and I happen to own shares of Ford so I just had to check it. I don’t have a car myself but that doesn’t mean that I don’t want one, it’s so sad being poor. That is why I am working as hard as I can because I don’t want to be poor forever. Anyway, here is the list for the top 10 best sellers in the US for the first nine months. For the record, the price of my 10 shares of Ford (F) as I write this is $2.17 per share and worth $21.70 and that just the way it is.

Vehicle Total Sales
Ford F-Series 392,698
Chevrolet Silverado 370,502
Toyota Camry 355,562
Honda Accord 313,228
Honda Civic 285,715
Toyota Corolla/Matrix 279,685
Nissan Altima 223,776
Chevrolet Impala 209,734
Dodge Ram 196,058
Ford Focus 165,382