Where we're at:
DJIA 10,172.98
S&P 500 1,091.76
10-Yr T-Note 3.60%
VIX 27.34
s&p P/E 19.79
equity: 28
bond: 31
cash: 41
1 yr: 7.89%
After the MS senatorial race ended in a win for the republicans, the market decided to pull back a bit. The dow lost about 600 points in a 3 day run. I decided to buy. I added some money to spouse's roth IRA. I'll continue to do that until we make all of our 2009 contributions to both. Spouse seems confident enough to start deferring income to SEP-IRA. I want her to just contribute up to the match. I still don't like her options. We'll also max the roth IRAs this year. Considering what we went through, 2009 turned out to be ok for us, financially speaking (amazing).
Saturday, January 23, 2010
Saturday, January 09, 2010
Happy new year...
Where we're at:
Dow: 10,618
s&p: 1144.98
10yr: 3.81%
s&p P/E: 20.76
VIX: 19.06
equity: 29
bond: 31
cash: 41
1 yr: 7.17%
We finally finished our 2009 furloughs (yippee). Hopefully, our furloughs will be shorter in 2010, I carried over some vacation to cover any. My bet is 1-2 weeks in the summer and another 2 weeks next winter. I should be able to cover all of that with vacation. I did not take any unemployment comp in 2009, so I'll have that available if I need it. Spouse's job is progressing up the roller coaster again. She seems to be doing better, but we'll hold off on the SEP IRA awhile longer (Feb).
I noticed that Bell posted an architect position in Dec that sounds interesting. I asked my lead about it, he is going to make an informal inquiry. I doubt that it goes anywhere, but I'd like to follow up. I'll hold off talking to my spouse until I know something. We plan on the kitchen flooring in Feb, and a new vehicle in the spring.
I'm reading Jim Cramer's books to get a different perspective on investing. I've been drinking the buy-and-hold koolaid for so long that I need to consider other ideas. His hedge fund book was very good, a bit different from Andy Kessler's. Cramer describes the day-to-day grind, while Kessler describes raising cash and visiting companies. Both are very good. I think I may try to be a bit more active this year and try to ID some trends.
Health, family, home, job, investments...in that order.
Dow: 10,618
s&p: 1144.98
10yr: 3.81%
s&p P/E: 20.76
VIX: 19.06
equity: 29
bond: 31
cash: 41
1 yr: 7.17%
We finally finished our 2009 furloughs (yippee). Hopefully, our furloughs will be shorter in 2010, I carried over some vacation to cover any. My bet is 1-2 weeks in the summer and another 2 weeks next winter. I should be able to cover all of that with vacation. I did not take any unemployment comp in 2009, so I'll have that available if I need it. Spouse's job is progressing up the roller coaster again. She seems to be doing better, but we'll hold off on the SEP IRA awhile longer (Feb).
I noticed that Bell posted an architect position in Dec that sounds interesting. I asked my lead about it, he is going to make an informal inquiry. I doubt that it goes anywhere, but I'd like to follow up. I'll hold off talking to my spouse until I know something. We plan on the kitchen flooring in Feb, and a new vehicle in the spring.
I'm reading Jim Cramer's books to get a different perspective on investing. I've been drinking the buy-and-hold koolaid for so long that I need to consider other ideas. His hedge fund book was very good, a bit different from Andy Kessler's. Cramer describes the day-to-day grind, while Kessler describes raising cash and visiting companies. Both are very good. I think I may try to be a bit more active this year and try to ID some trends.
Health, family, home, job, investments...in that order.
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