| Currently in my eighth month of deployment to Iraq. Working to aggressively pay down most of my debt prior to redeployment.
As I look back at my previous entry concerning my investment into my Vanguard Global Equity account, I have decided against investing in any of my Vanguard accounts at this time. My main focus is to pay off my car in its entirety before I redeploy back to the U.S. To be able to complete something like that will be such a motivating experience that will push me to continue towards fully identifying and completing my financial goals.
The "other asset" column is my total contribution to the Army Savings Deposit Program thus far. I wont be able to attain the full 10% interest rate provided by the program, however, making the contribution for the next four months will allow me to save $9100 + interest and direct it all into my emergency savings account. Goal is to have at least $10,000 by the end of the deployment.
Work has just begun to slow down, so I have not read too much of the "Guide to Investing -What the Rich Invest In That the Poor and Middle Class Do Not!" by my favorite financial author, Robert Kiyosaki. Still motivated to finish it when things slow down a bit again so I can develop a solid financial plan on paper.
Investopedia is still a great website, but I still need to start looking at it again so that I can increase my financial literacy. Fortunately, I have logged into it a couple of times, but I can certainly spend some more time on the website.
Still plan on saving, but holding on to the 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. Prehaps my next investment should not be as agressive as my other holdings... |