05/05/2018
The last couple of months at work have been extremely rough, but I feel that I have turned the corner. And oddly despite a dismal review, and poor company performance, I was given both a raise and a bonus. I guess I'll take it while I can, because the future still looks pretty bleak.
At some point in the very near future I need to solidify an exit strategy from tech. As one might be about to tell, I have a aptitude for personal finance, and so it a likely direction I will seek. I need to start researching education options in that regard.
As part of our recent enlightenment regarding our retirement funding, we've come to the opinion that my company's pension fund should be looked at as a phantom bond investment. So while on paper we have a 70% equity position, if one were to factor in the pension as an asset, our equity ratio would be much lower.
So, we recently shifted our junk bond holding back into the stock market. The holding was suspect from the start, so it was an easy decision to start edging up our equity ratio with.
We have about $200k of our retirement money sitting in cash. We will look to "buy on the dips" with some of that money if/when the opportunity arises - pushing our equity ratio higher.
It's a little sad this enlightenment didn't take place sooner, as we could have profitted nicely from it.
A few other odds and ends...
LendingClub.com - Our $3,000 investment is now close to fully invested. Now we just sit back and watch the interest roll in. It should be interesting to see how our selections perform.
DRIPs - We sent off a $500 check to Kelloggs DRIP plan for our 12 year old daughter. Now we wait for the first statement to arrive. |