GMAT Tip: Americans Protest Iran Nuclear Testing

No, this isn’t a political post, as this isn’t a world affairs blog.  It’s just a mnemonic device to memorize the compound interest formula.  One of my friends told me this is how he remembered it for the GMAT.  You can just memorize this one, as replacing “1” for the “n” value (number of periods) will give you … Read more

Net Worth Update: August 2010 – Distracted

Net Change: +$1,071.31 Net Cashflow: +$2,430.77 Investment Performance: $ (1,359.40) August 2010 S&P Performance: (4.7%) Dining Out Spend: $ (224.41) I usually make my net worth updates about 2 days after the month closes.  I only wait those two days to make sure all of my credit card transactions have gone through and are loaded … Read more

Net Worth Update: July 2010 – Blind Optimism

Net Change: +$5,485.64 Net Cashflow: +$2,571.20 Investment Performance: +$2,914.44 July 2010 S&P Performance: +6.9% Food Spend Monthly Improvement: $ (52.36) Dining Out: $ (308.03) Groceries: $ (217.55) What a difference one month makes.  Now the market is my best friend.  😉  My Net Worth Goal (+$25K this year) would be easy to reach if I … Read more

Net Worth Update: May 2010 – The Sky Fell

Net Change: $ (1,324.54) Net Cashflow: +$1,966.45 Investment Performance: $ (3,290.99) May 2010 S&P Performance: (8.2%) Food Spend Monthly Change: +$134.85 Dining Out: $ (248.65) Groceries: $ (225.43) Why do I even trust the stock market anymore?  This month was very good for me from a cash flow perspective, showing a net of nearly $2,000.  … Read more

Money Tips from CNN

CNN Money recently had an article titled “21 Best Money Tips Ever,” showing money tips from various well known pundits.  They included staples from the personal finance and investing world, with sage advice from both Jack Bogle and Warren Buffet.  After going through all the words of wisdom, my favorite came from Mark Cuban: “Unless … Read more

Net Worth Update: April 2010 – The Sky is Falling

Net Change: +$1,673.29 Investment Performance: +$277.14 Net Cashflow: +$1,396.15 Dining Out: $ (356.56) Groceries: $ (252.37) A good month overall, but as I write this, I already know that most of these gains have been wiped out by May’s poor investment performance.  This week the Dow dropped 1,000 points before recovering and ended the week … Read more