Archive for December, 2007
Monday, December 31st, 2007
Year Review : Prosper Contributions
I saved, I invested, I reinvested ALL returns, I saved some more, and invested.
I’ve made excellent progress with my Prosper contributions for the year. In December of 2006, my account balance stood at $3,153.50. At that point in time, I was receiving ~$23 in interest each month. My current balance is […]
No Comments » - Posted in Investing by admin
Monday, December 31st, 2007
Year Review : ROTH IRA Contributions
Your ROTH IRA. For some, it is just another form of retirement account. For others, it is a recognized vessel for your investment dollars to remain forever untaxed by Uncle Sam. A ROTH IRA is funded with after tax dollars; while you take the initial tax hit, funds transferred into the account […]
1 Comment » - Posted in Retirement by admin
Friday, December 28th, 2007
Year Review : 401K Contributions
I hope everyone is enjoying the holiday season!
This is the first of several posts relating to my financial progress during 2007. This post is relating to my 2007 401K contributions. A 401K is a retirement account that is funded with pre-tax dollars. Your contributions grow in a tax free environment until you […]
No Comments » - Posted in Retirement by admin
Wednesday, December 12th, 2007
Drip Drip Drip
Horary from Drips!
DRIP stand for Dividend ReInvestment Program. It is a simple concept for continuous passive investment that allows for the slow and stead accumulation of stocks through the purchase of a company’s stock every time the company issues a dividend. Continued reinvestment of a company’s stock allows for you to have a […]
