Currently in my third month of deployment to Iraq. Working to aggressively pay down all debt prior to redeployment. May hit a small snag with R&R in a couple of months, but I will be tracking to meet all of my redeployment financial goals.
Also started allocating an additional $700 in the Army Savings Deposit Program. I wont be able to attain the full 10% interest rate provided by the program, however, making the contribution for the next ten months will allow me to save $7000 + interest and direct it all into my emergency savings account. Goal is to have at least $10,000 by the end of the deployment.
Found a book called "The Small Investor's Guide to Large Profits in the Stock Market" by Justin Heatter in the office recently. It is older then me, but I like that it is quick and easy to read. I think it will be a good stepping stone to allow me to attain more knowledge and make more informed financial decisions.
I have completed my max IRA contribution for 2010!!!!
Vanguard recently changed one of my holdings into an Admiral shares fund. Unfortunately, it is about $90+/share; way out of my range for affordability!
With this change in events, I will save, but hold on to money for the 2011 IRA contribution until I figure out what I should invest in next. Main thing to keep in mind is asset allocation; perhaps my next investment should not be as aggressive as my other holdings... |