Month: January 2011

November Investment Income – $95.71

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I’m really behind on getting my posts out. This should have been posted in early December but I’m posting it now. I’ll try to get posts up quicker and more often this month.

My November investment income declined slightly to $95.71 from $96.04 the month before. Until I am able to make further contributions to my investment portfolio any gains or losses will be due to market fluctuations. I’m hoping I’ll be able to add some money in the next few months.

This is not my actual investment income. To get this figure I first add up my retirement savings, emergency fund, and any other money I consider permanent savings. What the total of my savings would earn at 6% interest for a month is my monthly investment income. My goal is to get this amount to $1000 a month. If I have $1000 in monthly passive investment income I will be able to retire early. You can see what my actual investment income for the month was by looking at my monthly income report and adding the interest and dividend amounts.

2011 Goals

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I once again didn’t meet my goals in December. Part of the reason is because I was busy at my job and doing mystery shops so I don’t feel too bad about not getting them done. I’m not going to set any goals for January since I will be busy with my job and studying for the bar. I suppose you could call passing the bar a goal but I’m somewhat ambivalent about it.

I’m not setting any goals for 2011 at this time either. A couple of things I would like to accomplish this year are losing weight and writing a book. Until I come up with a specific plan for achieving those though they will remain wishes rather than goals. Another wish is that both my wife and I will make enough self-employment income to support ourselves, pay off debts, and build up our savings. These wishes are achievable and I will make them goals later this year.