Archive for April 2008
April 2008 Net Worth Update (+1.65%)
Another month has gone by already which means it’s time to do a quick financial checkup. Lets start with the markets. It seems that the markets have stabilized and even on an uptrend. I’m not sure how long this is going to last, but I’m not too worried as most of my money is in…
Read MoreSmith Manoeuvre Portfolio – April 2008
Since the beginning of MDJ, I have talked about the Smith Manoeuvre. For those of you just joining us, The Smith Manoeuvre is a wealth strategy that utilizes a home equity loan to invest in income producing assets. The result is a tax deductible loan and portfolio that increases as you pay down your mortgage.…
Read MoreGetting Organized for Tax Season
As the tax deadline is approaching, the procrastinators out there are scrambling to get their receipts in order to file their income taxes. Yes, I am one of those procrastinators, but this year tax preparation has been easier than previous years. There have been years where my receipts were a mess and difficult to locate. …
Read MoreNew Car every 10 years or Used Car every 5?
David asked an interesting question in the comments section of “Best and Worst Used Cars of 2007“, the question was: .. is it cheaper to buy a used car every 5 years, or a new one every 10 – 12? I currently have a ‘95 Dakota (needed a new rear diff this year (caused by…
Read More