J.C.’s Money Blog

A few weeks ago, I posted Part I my book review of More Wealth without Risk by Charles J. Givens. I hadn’t intended to wait so long to post Part II, but moving to another state, being sick with flu, etc. have slowed me down. Now that I’m feeling healthier again, lets get back to [...]

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A little over a week ago, I started experimenting with Adgridwork.com’s service of free advertising in a sort of automated link exchange. I just removed these ads today after about a week and a half, as they have generated almost no traffic, and the quality of sites I was advertising for was not very good.
So [...]

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I just treated myself to another episode of the Suze Orman show, and she took an email question from a viewer, but I have to disagree with her answer…
Joseph, 32, owns his own house cleaning business and has saved up $1.2 million. He owns his house and two cars outright and has a wife and [...]

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I found an interesting site today while playing around: adgridwork.com. When you sign up for the site, it allows you to place ads on your page, much like Google’s adsense, but the difference is that you don’t get paid with revenue, but rather with traffic back to your site.
If you look at the bottom of [...]

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Earlier I mentioned that I don’t understand exactly how the Fed works, so I have started reading up. This link has a very good explanation for those who want the long winded version, for those less patient, I’ll sum it up here:
The Federal Reserve is made up of independent banks and receives no budget appropriations [...]

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I bought some more of my favorite index fund today, since the market was slipping. I am now the proud owner of 33 shiny new shares of SPY, bringing my holdings to an even lot of 100 shares.
My purchase price was  $135.25, and the price continues to drop. Oh well.
SPY has about a 2% yield, [...]

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Here is my net worth update for January, 2008.

A 4% increase was a decent increase, considering the market tumbles. I was able to invest one last time in my old employer’s 401k program, but since I didn’t stay the minimum time for vesting, I lost about $9,000. Hopefully, I can make this loss up with [...]

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Here is my portfolio as of the end of January, 2008.

Thanks to a significant drop in the market, my portfolio has swung into the red. Oh well.
My portfolio is still boring, while I am working on other projects to increase from my income from just about $0. After I have established a decent income, I [...]

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January is over, and I have no job, so I will have to rely solely on my business income. For January, income came in at $4.68, which isn’t too great. In fact it’s over 1,000 times lower than my old job income, so the growth better start picking up quick, or I am going to be broke [...]

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