Sunday, October 26, 2008

Progress Report for week ended 10/26/08

Goals for October 2008:

1) Find a job for wife by month's end - SUCCESS - my wife found a job this week in childcare. I am much more relieved than I was over the last several weeks.

2) Finish editing of book - SUCCESS - I'm done. I've sent copies to a few friends for advice on editing. Now the plan is to sharpen up a query letter for book agents.

3) Decide on publisher - NO progress here so far

4) Blog more often - Still hoping to improve this goal before the end of the month.

So I have to say I feel a lot better now than I did at the beginning of the month. Hopefully the good news will continue.

Thursday, October 23, 2008

Quote of the Week #56

"A man in debt is so far a slave."
Ralph Waldo Emerson
found on

Thursday, October 16, 2008

Quote of the Week #55

"I always knew I was going to be rich. I don't think I ever doubted it for a minute."
-Warren Buffett

Monday, October 13, 2008

Progress report for week ended - 10/12/08

Goals for October 2008:

1) Find a job for wife by month's end - I'm excited, tomorrow the wife has a interview at a very well known company. Now if I can only get her as excited as I am.

2) Finish editing of book - So far, I've edited chapters 1-3 again started on chapter 4 but it really needs to be re-written.

3) Decide on publisher - NO progress here.

4) Blog more often - Still working to improve upon this goal.

What can I say, I have been distracted by family matters as well as the markets going up and down and today - way up ...I have a feeling they may go back down tomorrow again.

Thursday, October 9, 2008

Wow - what a Month so far...DOW=8,579.19

So it's been quite an eventful month so far:

October 1st - The DOW went down -19.59 points or - 0.18%. The Senate votes 74 to 25 for the 2nd try at the infamous 700 billion dollar "bailout".

October 2nd - The DOW went down -348.22 points or -3.22%. The Bailout is sweetened to $850 Billion in order to get more members of the House to vote for the bill.

October 3rd - The DOW went down -157.47 points or -1.50%. The House Approves the now, $850 Billion dollar, bailout.

October 6th - (Monday) The DOW went down
-369.88 points or -3.58%. World markets around the world begin to fall before the US markets open. Japan's NIKKEI falls 4.25% , The London FTSE market falls 6%, Austria's Vienna stock exchange falls 8.4%, and Russia's RTS stock exchange start dropping 7% in the first 20 minutes and the Russian markets were frozen entirely after their markets dropped 10%. Needless to say the US followed suit - The DOW closes below 10,000 for the first time since 2004.

October 7th - (Tuesday) The DOW went down
-508.39 points or -5.11%. The DOW goes to it's lowest point in nearly 5 years.

October 8th - (Yesterday) The DOW went down
-189.01 points or -2.00%. "BIg BEN" Bernanke as he's called announces a 1/2 point rate cut - the DOW and the other indicators continue treading downward.

October 9th - (Today) The DOW went down
-675.97 points or -7.30%. And then, there's today...the ban on short selling -which had been enacted temporarily in light of short-selling's affects on company's like Lehman brothers and AIG - was lifted and Morgan Stanley's stock headed south -26% and many financial stocks followed suit.

Did I mention my 401k has lost a good 5-6% too? Yesterday I called up my 401k provider and politely asked them to cut my losses and invest mostly in 'safer' things. Lord knows what tomorrow will bring - good thing I'm not planning on retiring anytime soon nor do I plan to rely solely on my 401k to do it.

Quote of the Week #54

"Profit in business comes from repeat customers, customers that boast about your project or service, and that bring friends with them."
-W. Edwards Deming
found on

Monday, October 6, 2008

Progress Report for week ended 10/5/08

Goals for October 2008:

1) Find a job for wife by month's end - I applied to 10 jobs over the weekend on my wife's behalf. She received 2 phone calls back today and has 1 "pseudo-interview" set up.

2) Finish editing of book - The plan is to work on this a little bit tonight but, we shall see.

3) Decide on publisher - need to get the book together - i.e., step 2...before I can honestly begin talking about publishers.

4) Blog more often - I am not doing that great a job at this goal right out of the blocks but, hopefully I'll improve it this week and next.

So many things going on - so many things to be distracted with. I think I just need to find some zen-like focus and get the necessary stuff out of the way while letting the unnecessary stuff (and there is a lot of it) fall to the wayside.

Friday, October 3, 2008

Quote of the Week # 53

"Flaming enthusiasm, backed up by horse sense and persistence, is the quality that most frequently makes for success."

-Dale Carnegie
found on

Wednesday, October 1, 2008

September 2008 Net Worth = +0.69%

Wow, I just eeked by on the positive side given the market going down took a nice chunk out of my retirement.

It's nice to know last minute Wedding money is still coming through to go into savings.

Now, I can only hope that next month will be a nice increase. With the market these days and an unprecedented, presidential election around the corner, only time will tell.

September results/October goals

So here are my goals for September:

Get computer fixed or get a new computer - SUCCESS - I got my computer back last week after 4 weeks of waiting.
Begin sharing funds for family budget - SUCCESS - is in effect no because my wife is still unemployed.
Finish final editing for book (no really I mean it this time) - FAILURE - Shoulda, coulda, woulda - I need to buckle down it's just hard to get motivated to do side projects when the main thing is my wife's lack of a job.
Work on mutual savings goal with wife - FAILURE - This is a goal is still postponed in the short term while my wife looks for a job.

I am frustrated on a few fronts right now. The stock market tanking on Monday is not really helping the situation. Hopefully the bill will get passed even though it's helping out fat cats.

Goals for October 2008:

1) Find a job for wife by month's end

2) Finish editing of book

3) Decide on publisher

4) Blog more often

I could go into more detail but right now I'm not exactly in the greatest of moods - that being said I'll update a bit later.