Status Update (5/1/2010) & Everything Else

2010 May 7
by admin

Been a long while since I’ve posted anything here. A lot of stuff going on in both personal life and work. It’s crazy how some people can work 70-80 hrs per week… I’m already dying here just working 130 hr per biweekly pay period. It’s only been 3.5 months… I would definitely not be able to handle this full time with no weekends going on end. The days just kinda start bleeding together after a while and it wears you out both mentally and physically… I swear one of my co-workers is already starting to go off the deep end… I’m currently trying to avoid hanging around her cause misery loves company. Good thing that chatting and keeping up with friends and family help keep me sane. And also sleeping early so I can catch at least 7 hours a night is essential too! I can’t wait to head back to LA and take a few days off to recharge and relax.

Our location’s supervisor is changing like a carousel ride, we are already on our third one within a few months. They’re dropping like flies out here! But I’m not too surprised, being a supervisor in our agency is a thankless, stressful job. Don’t know why anyone would apply when the increase in pay isn’t that great. Also, in my own personal life I’ve screwed up and made mistakes, but life has to go on, there is no rewind or pause button. So I just gotta live with it and move on the best I can while at the same time, hoping for the best in the future.

In the meantime, I’ve been saving quite a bit of money and divesting it to various sources such as my Roth IRA, 401(k), more RMB, gold ETF, and them good ‘ol savings and checking accounts. However, I’m not making as much as I hoped to… so far the powers that be have changed our post differential (basically the increase in pay we get for coming to this godforsaken land) from the initial 20% to a paltry 10%!!! Had I known that they would have decreased it so much, I probably wouldn’t have come here. But nothing I can do now, I need to finish my TDY or get a black mark on my file. Anyways… at least this TDY should help me when I put in for a transfer.

So without further adieu, here is my asset listing so far, as of beginning of May 2010:

Assets:

  • Checking & Savings Accounts – 10,600
  • Internet Savings Account – 16,200
  • Foreign Currencies – 6,600
  • Stock Market – 13,700
  • Roth IRA – 13,600
  • 401k (current employee) – 35,300
  • 401k (previous employee) – 17,000
  • Property #1 – 500,000
  • Property #2 – 490,000
  • Property #3 – 147,000 (43,600 equity)

Total Assets: 1,250,000

Liabilities:

  • Student Loans – 26,700
  • Property #1 Mortgage – 135,000
  • Property #2 Mortgage – 20,700
  • Property #3 Mortgage – 103,400

Total Liabilities: 285,800

Net Worth: +964,200 (increase by 51,500 since last status update on 11/23/2009)

Just for fun and to compare apples to apples, let’s exclude Property #1 and Property #2 from the calculations then we get:

Overall, either way you slice and dice it, the increase in net worth has been pretty good for just a five month period. I’m relatively pleased with the the current progress of asset accumulation.


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