Sunday, February 20, 2005

Weekend Update

'twas a crazy weekend with lots of friends, food and fun....but highly unproductive!

Next week from beginning till the end will be extremely hectic and busy, the way I like it. Dynegy and Syntel report quarterly earnings this coming week which should shake up the portfolio, and a sleu of school assignments will help keep me busy in the meantime.

I made an Ebay sale which netted $100. This money will go 20% to spending account, 40% to investment account and 40% to permanent savings. My permanent savings account is getting ready to hit the $6,000 mark, and I am worried I might try to touch it. I don't trust myself with that cash laying around, especially since I am graduating soon and will be in need of lots of it! Because of this I need to quickly open an IRA account. Recommendations?

My next published article will be on savings for college students. A common problem many college students face is spending their savings, or worse, not saving at all. I will be researching all sorts of different savings accounts for this article. It will be a challenge to make IRA's interesting and understandable, but I think I can pull it off!

4 comments:

  1. Anonymous11:00 PM

    I think you use bolds way too much.

    ReplyDelete
  2. They're great aren't they?

    ReplyDelete
  3. Anonymous8:01 AM

    Neville,

    I think the most important part for college students to realize is that they are making lifestyle choices.

    So in college if they get their small paycheck, they need to put 10% away in a DRIP or money market.

    It is not much, however, it is the lifestyle they need to realize

    ReplyDelete
  4. Anonymous11:06 AM

    What kind of stuff do you sell on Ebay ?

    ReplyDelete

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