October 2008 Net Worth Report (-$12,775)

Nov 04, 2008 @ 09:53 am by EMS
As expected, another killer month.  All losses were accounted by the stock market “adjustment”.  However, I do feel that the worst is over and that the DJIA will hover around 8700 +- 10% for the next year.  For this reason, I’ll hopefully be buying more index funds.  I’ll also be hoarding cash beginning in 2009.  I’m not comfortable with our emergency funds and would like to see an increase of about $5,000 in that area over the next 6 months.
Our spending continues to be in-line with what I expect it to be.  My family has decided to take it easy on Christmas spending this year, not necessarily because of the economy, but rather because of our “accumulation of junk” since the kids have been born.

October 2008 Net Worth

Update Coming Soon

Nov 03, 2008 @ 06:31 pm by EMS

This is just to let everyone know that I’m not holding out on the much dreaded October update.  I’ve had some minor technical difficulties that have prevented me from posting the update.

If all goes as planned, the update will be tomorrow.

It won’t be pretty.



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