QuestForAMillion.net

Archive for October, 2008

13 Oct

No More Ultrashorts

After doing some research this weekend I was convinced the market would go up on Monday. Little did I know how much…
Luckily I had the conviction to unwind my ultrashort position in DXD for a decent gain in only a few days. I think the market will move back up for a bit and then […]

13 Oct

Carnival of Personal Finance #174

The Carnival of Personal Finance is up at Greener Pastures. My post on how we’re handling the market meltdown is included. Check out all the great articles.

10 Oct

Increased Our Ultrashort Position

Yesterday morning I wrote about how I cannot just sit there and watch my retirement account dwindle to nothing. I sold some holdings and purchased an ultrashort Dow ETF (DXD). For every percent the Dow Jones Industrial Average falls, DXD should go up 2%. So far, so good. Sometimes I hate it when I’m right.
With […]

09 Oct

I Cannot Sit Idly By

Try as I might, I just can’t sit there and watch my retirement savings dwindle. I know that I have 22 years before I can even touch the money in my retirements and I’m pretty sure that in 22 years the value of the holdings in those accounts will be higher than it is now, […]

01 Oct

Net Worth for September posted

Our net worth results for September are posted on our Monthly Results page. Despite a decrease in almost all asset categories, paying off the 0% credit card left us with a net worth increase of $7091.66 or about 6% for the month.

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