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June 2012

July 4th, 2012 at 08:21 pm

Cash & Savings: $51,148 => $53,997 (5.57%)
Foreign Currency: $34,497 => $34,773 (0.80%)
Domestic Brokerage: $152,448 => $160,598 (5.35%)
International Brokerage: $156,982 => $160,886 (2.47%)
401(k): $80,105 => $82,573 (3.08%)
IRA: $88,584 => $94,351 (6.51%)
Roth IRA: $20,498 => $20,844(1.69%)
Total Assets: $584,262 => $608,002 (4.06%)

The return this month has been positive on all fronts but if I look at where everything was back at the beginning of May the current posisitons are still lower. Overall not a bad finish but nothing to cheer about.

By the time I'm writing thie entry I just passed the big 4-0 milestone. Maybe I mentioned this before, but when I first started working in late 90s the economy was going really strong and I was thinking maybe by the time I turn 40 I can accumulate one million worth of asset. Well, obviously I didn't achieve that goal and a few years ago when the economy started tanking I already knew it's not going to happen. It wasn't a realistic goal anyways but it's interesting to reflect how innoncent I was, or the whole world was, back in late 90s, or even in mid 2000s, thinking the party can keep going strong - WRONG!!

5 Responses to “June 2012”

  1. LiveFree Says:
    1341450609

    This is such a different world than it was in the '90's. I couldn't agree more. Good job on the saving and on the investments!

  2. LiveFree Says:
    1341450653

    Oh, and happy birthday!

  3. rob62521 Says:
    1341499821

    Happy birthday! And, I think many of us enjoyed the prosperity of the 90s and early 2000. We just need to remember things go in cycles.

  4. Jerry Says:
    1342299213

    Best wishes for your birthday! Yeah, it's funny how people always tend to assume that good (and bad) times are here to stay, and that nothing can ever lead to a change. I hope that the economy will pick up, but I don't think that the fed offers us any insurance of that for the immediate future, alas. Hopefully over time it will improve! At least the dollar is (comparatively) stronger right now.
    Jerry

  5. Easy Cloud Says:
    1344384157

    Thanks for the borthday wishes, everyone! As Jerry said, the stronger dollar does help when you travel overseas, except to UK, Australia and Japan where their currency is still very stong.

    Rob's comment reminds of the early 90s when you can just breeze through security at the airport and only need to arrive the airport 30 min before departure, big sunday ice cream on business class with REAL food on silverware.

    It's been more than ten years, when will those days return? Or more importantly, when will my youth return?

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