I am giving myself a little pat on the back for reaching all my 2010 goals before the end of the year. Now I get to set new ones before New Year.
As this blog is supposed to be about my journey to Financial Independence, I opened a new account today and am going to place nz$200 a month into it, just for the purpose of investing. It pays 4% pa which is not brilliant after tax on the interest, but there are not that many safe income type investments around in this country. With all the finance company failures, it's no wonder people prefer to buy real estate. I don't want to be a landlord, so while the cash is building up, I shall research investments.
My other goal is to do some renovations on my home, especially the kitchen. I estimate it will cost me about nz$10,000, and can put about nz$150 a month toward that.
Two new goals
August 20th, 2010 at 07:56 am
August 20th, 2010 at 03:02 pm 1282312921
August 20th, 2010 at 03:37 pm 1282315021
I'm happy that I just tranferred the balance of my money market to an account paying 1.1%
August 20th, 2010 at 04:48 pm 1282319303
August 20th, 2010 at 10:51 pm 1282341074
Jerry