It has almost been a year since my last post, I can't believe it! There have been many changes since then and they unfortunately haven't been overly productive towards my retirement goal. Losing a job for 4 month doesn't help the savings not to mention taking a 50k pay cut for the next job. But, I have been trying to get things on the right track again recently. How? Well I just refinanced my house, cutting my rate from a 6.25 to a 4.5%. This will save me over $400 a month, which will take very little time to recover refi fees. I have also been able to slowly rebuild up my savings again to a reasonable level (6 months or so of expenses). I also opened a high yield savings account with ING to sock that money into. It isn't the highest rate out there but the reviews fornthe company are really very good so I figure it is worth a try. I had a tax exempt money market I used to stash savings into, but it didn't seem like it was worth the hassle before.
I will add updates on new clever money making schemes and stocks as I find them. In the mean time check out BORK, SPIR, and BMWG.DE (yes the car company)... Happy investing!
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