| 04/01/10
As the rally continues I am kicking myself for being in cash. The networthiq.com site doesn't break things down enough to show that currently we are 30% in cash. Most of this is in my 401k, which I moved to the sidelines back as the DOW went over 10k. So we've probably missed out on about 8k of profits by not just leaving things alone. Emotion has screwed me once again. For someone that's as cheap as me $8k is enough for me to get a really nice used car... (by my standards)
In keeping with my rules, I update my homes value based on Zillow.com every three months. So, as expected, we've taken another slide downhill to $218k. The price seems to have stabilized for the moment, but I would not be surprised to see prices head lower. The economy still seems less than stellar, and living in the zip code that has the most foreclosures for my county, a continued decline in prices shouldn't be a big surprise.
I guess I should also mention that we cashed out some bonds last month to help pay for some siding work on the house. Our list of home improvements is growing very short now, so I don't see us cashing out much more than another $5k in bonds over the next year or so.
04/09/2010
10,997.35
04/23/2010
11,204.28... When will it end. I feel a nose bleed coming on.
Here are some numbers from the bottom (March 2009):
DJIA: + 71.13%
S&P: + 79.93%
NAS: + 99.44%
Nuts! |