tag:blogger.com,1999:blog-538734877165581694.post306096886078232415..comments2023-04-03T03:36:10.172-07:00Comments on Toward Mustachianism: August net worth updateMustachian Acolytehttp://www.blogger.com/profile/07084560871262302396noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-538734877165581694.post-72240965492211320562013-11-12T15:43:47.924-08:002013-11-12T15:43:47.924-08:00I'm not sure what you mean. Throughout the lif...I'm not sure what you mean. Throughout the life of the loan the interest rate remains fixed, so the amount of interest I'm getting on invested capital decreases proportional to the invested capital. I agree that if I don't reinvest the payments I'm receiving, then my overall return will be lower, but that's mostly assuming the money I receive will sit idle. I'll make sure that's not the case.<br /><br />Am I misunderstanding your comment?Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-70443443792999024822013-11-12T13:03:43.973-08:002013-11-12T13:03:43.973-08:00Regarding Lending Club. Do the math on holding th...Regarding Lending Club. Do the math on holding the notes til they mature. At the end of their life, you do not get the return that you should! I would sell notes that have 15 months or less to go and reinvest in notes that have 36 to 30 months to go.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-46066745211966634032013-09-19T14:28:36.516-07:002013-09-19T14:28:36.516-07:00Interested, albeit a little apprehensive, to hear ...Interested, albeit a little apprehensive, to hear about the new asset classes!!Anonymoushttps://www.blogger.com/profile/08582517175123371539noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-31703999329850535852013-09-17T20:13:36.567-07:002013-09-17T20:13:36.567-07:00That's fantastic. Good job getting to the firs...That's fantastic. Good job getting to the first $100k.<br /><br />I can assure you there are plenty of things I'm not being forthright about. It's an ideal to measure yourself against though. For example I love Dividend Mantra for tracking every dollar in and out in his monthly budget. I think I'd like to be more transparent about my income in the future: it could be pretty instructive.<br /><br />Thanks for commenting! I'll start reading your blog for sure.Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-23605841058664841152013-09-17T20:10:43.420-07:002013-09-17T20:10:43.420-07:00Glad to hear that including savings bonds sounds r...Glad to hear that including savings bonds sounds reasonable. Yeah it's nice remembering about money I forgot about -- one of those dividends from a frugal lifestyle.<br /><br />I find I'm squirreling money away in lots of different accounts: a few hundred in Lending Club, a few hundred in Schwab, a few hundred in another savings account. That way I can keep remembering chunks of money I forget about :)Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-25846561536891758292013-09-17T17:34:29.079-07:002013-09-17T17:34:29.079-07:00My contribution to Lending Club varied monthly but...My contribution to Lending Club varied monthly but was usually $200 or $300. I have $200/mo automatically investing in I-bonds. Then there's a few hundred (three to five usually) that go to whatever else I'm playing with at the time. And I try to put $200 or $300 into a separate savings account to keep from touching it.Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-13093409734312874322013-09-17T17:32:25.889-07:002013-09-17T17:32:25.889-07:00Thanks! It's definitely more work than automat...Thanks! It's definitely more work than automatically investing into an index fund. I'm glad to have a little fun with investing now that I have a chance. I'm also glad that passive indexing is an option for if/when I get tired of more speculative assets.Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-68406290456149288882013-09-17T17:29:24.927-07:002013-09-17T17:29:24.927-07:00I have faith in you :)I have faith in you :)Mustachian Acolytehttps://www.blogger.com/profile/07084560871262302396noreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-60607235164217397092013-08-31T22:17:34.510-07:002013-08-31T22:17:34.510-07:00Good luck with your goal of hitting $100,000. My ...Good luck with your goal of hitting $100,000. My wife & I just made that goal happen, aided considerably by having no other debts to slow us down. The next $100,000 will be far easier.<br /><br />But I wanted to compliment you on how completely transparent you are on your blog. I've just started my own blog thinking I'd be completely transparent, and I am finding I extremely tough. Sometimes we aren't quite as badass as we thought we were, right? At least I'm not. <br /><br />At times like this I have to remember how far we've come and how blessed we are. <br /><br />One thing I love is that by putting your financial goals out there you are far more accountable. <br /><br />I couldn't get the wordpress comment link to work, so: www.welfaretowelloff.com if you want to get in touch. <br /><br />Good luck again,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-89859670585730822472013-08-31T16:02:25.853-07:002013-08-31T16:02:25.853-07:00Just curious how much you're contributing each...Just curious how much you're contributing each month to the various accounts? You may have covered this in the past, but I just discovered this site so I've got some reading to do! <br /><br />Good stuff, keep up the good work!The Lazy Financierhttp://thelazyfinancier.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-83693753464396391452013-08-29T07:34:13.698-07:002013-08-29T07:34:13.698-07:00Yes, I had the same laugh about what could be more...Yes, I had the same laugh about what could be more speculative.<br /><br />Was curious about why you would not put the savings bonds in net worth, unless they do not produce any income? Sounds like they could be liquidated either way so I would include it.. not a bad chunk of change to suddenly remember that you had :) Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-16525079188750540932013-08-27T20:28:09.284-07:002013-08-27T20:28:09.284-07:00We'll hate this speculative asset class more t...We'll hate this speculative asset class more than Bitcoins? Way to set the bar high...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-538734877165581694.post-33014996136661682572013-08-27T11:59:10.970-07:002013-08-27T11:59:10.970-07:00Speculative asset class? That sounds like a lot of...Speculative asset class? That sounds like a lot of work. But I'm sure you'll enjoy it, given the effort you've already put off for your investments, not to mention the potential benefits once you fully master it. Good luck with your investments!<br /><br /><a href="http://www.torontobankruptcyadvice.com/about-trustee-in-bankruptcy/" rel="nofollow">Irving Burton LTD</a> Anonymoushttps://www.blogger.com/profile/02766209850162142550noreply@blogger.com