Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 11-24-2007, 11:08 PM
sublime sublime is offline
Senior Member
Join Date: Mar 2004
Location: our only chance!
Posts: 15,586
Default goal setting; the short term

my life always seems to be at its best when i am working toward easily defineable goals. sadly, i very often forget that and just muddle thorugh life. those times suck and i am tried of them. i want to set some financial goals for the short term (monthly basis) and on one of the blogs i read i saw a good suggestion.

the blogger (the simple dollar) aims to increase his net worth every month. now this seems simple enough to strive for, but i wonder as both a professional gambler*, and more importantly somebody who has 75% of their net worth in diversified index funds (i would say 90% of my index fund assets are stocks of some sort) is this a wise monthly goal? i mean i could have a GREAT month financially (cut spending, invest a ton) and lose money overall or have a HORRIBLE month (spend a ton) and yet make money overall due to variance in the market.

thoughts and/or suggestions?

*online poker mostly, and lots of it so losing months aren't likely really
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -4. The time now is 03:13 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.