How Am I Going To Meet My Goal? $63K Left To Go! link to this post
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Jeez, I'm way off target. At this rate, I'll need to increase my monthly networth by $9,000 just to meet my goal! Yeah, ummm, highly unlikely. So what am I going to do? Well, I do want to shift my assests into more aggressive investments, but right now is just not the time for me. I do not feel comfortable making the jump at this moment. However, by the end of the year, I do feel I may make the move. With inflation worries, lower earnings expected in second half of 2006, housing worries, it just doesn't seem right right now. I may just shift my retirements assets to more aggressive funds and leave my non-retirment money alone for now. So really, I probably won't reach my goal. So the alternate plan? Save as much as I can. Hopefully I can hit at least 75% of my 2006 goal. I am planning on: - Reshifting my 401k investments into an aggressive fund towards the later part of this summer. - Cutting expenses. - Sell some stuff on eBay. I hope this market stabilizes soon. I want to make my next move already! Patience is the key word...and that's gotta be one of my worst traits.
Jeez, I'm way off target. At this rate, I'll need to increase my monthly networth by $9,000 just to meet my goal! Yeah, ummm, highly unlikely. So what am I going to do? Well, I do want to shift my assests into more aggressive investments, but right now is just not the time for me. I do not feel comfortable making the jump at this moment. However, by the end of the year, I do feel I may make the move. With inflation worries, lower earnings expected in second half of 2006, housing worries, it just doesn't seem right right now. I may just shift my retirements assets to more aggressive funds and leave my non-retirment money alone for now. So really, I probably won't reach my goal. So the alternate plan? Save as much as I can. Hopefully I can hit at least 75% of my 2006 goal. I am planning on: - Reshifting my 401k investments into an aggressive fund towards the later part of this summer. - Cutting expenses. - Sell some stuff on eBay. I hope this market stabilizes soon. I want to make my next move already! Patience is the key word...and that's gotta be one of my worst traits.
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2 Comments:
"I hope this market stabilizes soon. I want to make my next move already!"
Call me crazy but I make money moves WHEN the market is bad. Buy it when no one is looking and no one else wants it. ;-)
SingleMa,
Thanks for pointing that out...I agree 100%. Maybe I should say, "I hope this market bottoms out soon." ?????
FF
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