Have you noticed the market hasn’t been doing so well lately? :)
Yeah, me too. My 401k has taken a bit of a beating lately but I know that I just have to hold on for the ride. Rather than fret about the unrealized losses I’ve been seeing, I need to remember that the dips give me an opportunity to buy the same investments at a cheaper rate every two weeks. That’s always a good thing as long as the market eventually goes up.
For the first time in a couple years, our net worth saw a negative change in value this month. Bummer. We were close to hitting some great milestones and unfortunately the market has held us back from those. Oh well, give it time.
I’ll be heading out to work on the lake house again this weekend. Hopefully we’ll have insulation in it by Friday and I can get that inspected. Once that is signed off, we’ll be getting sheet rock done. Then I’ll be more excited! I’ll work at completing some of the decking this weekend as well as some other miscellaneous tasks. I need to spend some time adding up receipts etc. I think we have somewhere in the neighborhood of $130k in this now. I’d estimate it’s probably worth around $165k or so, although I have a lower value in my net worth calculation. When it’s completed I think we’ll be in the $215k range.
I’m still fighting the urge to buy a new PC. I had one in the shopping cart (at Dell.com) yesterday but just couldn’t pull the trigger. Part of the reason is that the deal wasn’t really hot and the other is that I am getting by with my current PC, although I’m really noticing how slow it is running. It’s funny how my mind starts really obsessing about the speed of my PC once I start thinking about buying a new one. Just another tendency I need to fight.
Other than that, it’s just the daily grind around here. I found out that a girl in my daughter’s class has the chicken pox. Lovely. I’ve never had them but have had the vaccine. I’m really hoping that the vaccine will protect me from it but I’ve heard it doesn’t keep you from getting it but makes the symptoms more mild. Ugh.
kim says
My kids got the chicken pox after the vaccine. It was no big deal. The each had about 10 dots. They didn’t get very itchy and went away in about four days. Nothing like awful cases that went around when we were kids!
Hazzard says
Thanks Kim!
That’s good to know. I’m hoping that if we do face the pox at our house that it will be more mild. I guess I’ll just wait it out and see what happens……. Good thing I have sick time.
Money Blue Book says
Remember, in the long run, the market trends upwards cumulatively. Yes there will be dips and spikes, but the trend has always been positive..volatility should always be expected but not feared. I actually wish the market would tank more…I want to buy in at a lower price. :)
Stay steady!
~Raymond
Money Blue Book says
Remember, in the long run, the market trends upwards cumulatively. Yes there will be dips and spikes, but the trend has always been positive..volatility should always be expected but not feared. I actually wish the market would tank more…I want to buy in at a lower price. :)
Stay steady! :)
~Raymond
www.moneybluebook.com