Cash & Savings: $18,687 (+5.98%)
Foreign Currency: $59,189 (+8.5%)
Brokerage: $113,308 (-15.42%)
401(k): $18,324 (+2.65%)
IRA: $84,969 (-2.25%)
Roth IRA: $15,560 (-1.88%)
Stock Option: $17,293 (+3.92%)
Total Assets: $292,006 (-12.12%)
March definitely reflects the lousy performance of Q1 on stocks. Despite the rise in cash and foreign currency it is insufficient to offset the losses in the stock market. This is really the time for me to look into bond funds and adjust my 401k portfolio. I wish I can add a new bond fund under my IRA in Q2 of 2008.
March 2008 Status Update
April 2nd, 2008 at 11:42 pm
April 3rd, 2008 at 01:49 pm 1207230584
I've been look at municipal bonds for 2ndQuarter.
April 4th, 2008 at 01:32 pm 1207315973
I would say I am a good saver and what really lifted my standing was about 4 years ago when I started to max out my 401(k) plan and later out I opened a Roth IRA and managed to max that out as well. I used to max out my 401(k) back in 99 but after the dotcome bubble bursted I chickened out and used the excuse of buying a house to lower my contribution dramatically. I am glad I went back to the right course.
I'm also thinking about munis lately. I read an article on Kiplinger, one of my favorite magazines, which has an interview of Bill Gross, the king of bonds, that says now is the time to get into munis. The only thing is that I am really stretched with cash now so not much left to buy munis...