J.C.’s Money Blog

Documenting my journey from the corporate world to entrepreneur. And then getting really rich.

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Entries from January 2008

Portfolio update - Dec 07

January 5th, 2008 · No Comments

Here is my portfolio as of US market close Dec 31:

Some comments
I haven’t changed any positions, and my portfolio is still very boring. I would like to use the cash to buy my next individual stock soon, since the market’s dropping off again, and I will have more time to do some due diligence, [...]

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Tags: portfolio update

Don’t make a stock purchase under $1,000

January 5th, 2008 · No Comments

$1,000 is currently my minimum amount for making a stock purchase, because the $7 transaction fee comes to less than 1%, and the potential return or loss on $1,000 is just enough to make me do my due diligence seriously. (Otherwise the return on time is not worth it.)
My rule of money number 1, was [...]

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Tags: my rules of money

Revenue update

January 4th, 2008 · 2 Comments

In November 07 my sites generated $0.04 per day. This corresponds to yearly salary of $14.60, which would be bad even in any third world county, I guess.
In December 07 my sites earned $ 0.09 per day. Not much money at all, but the growth rate of 125% is excellent.
If I could keep [...]

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Tags: i hate my job · revenue update

Net Worth December 2007

January 1st, 2008 · No Comments

Here is my updated net worth for January 2008:

Some highlites:

I moved back to the States.
I paid off my car, making me completely debt free.
I sold my car which gives me two new problems:

I have to buy a new car. This has a kind of artificial impact on my figures for this month since I have [...]

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Tags: net worth update