Ed Mamula.com » Net worth updates http://edmamula.com Book-Smart and Battle-Scarred Trading and Investing Mon, 30 Apr 2012 19:55:08 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 First Net Worth Goal Reached http://edmamula.com/2007/03/20/first-net-worth-goal-reached/ http://edmamula.com/2007/03/20/first-net-worth-goal-reached/#comments Tue, 20 Mar 2007 20:09:21 +0000 Ed Mamula http://edmamula.com/2007/03/20/first-net-worth-goal-reached/ Well, the Cable isn’t waiting for the Fed…GBP/USD was up sharply overnight, and on the strength of a 10 lot trade in my personal Cable Glider Account that will close with a profit in excess of 100 pips ($10,000), I have met my first mini-goal on the liquid net worth scale.  For those of you playing along at home, I set these goals at the end of January 2007;  the first one was liquid net worth of $100,000.  I have met that goal as of today.  The next goal is $100,000 in my FX account…we’ll see how it goes! 

 This also marks a new equity peak in the Cable Glider account, and the second $10,000 + single trade profit.

Oh, and for the love of God, please don’t use my site to time entries in your own accounts!  I keep my current position in the “Snapshot” section of the sidebar, but I update this manually, and NOT in real time…I’m not running a signal service here.

]]> http://edmamula.com/2007/03/20/first-net-worth-goal-reached/feed/ 0 Net Worth Goal Update as of January 31, 2007 http://edmamula.com/2007/01/31/net-worth-goal-update-as-of-january-31-2007/ http://edmamula.com/2007/01/31/net-worth-goal-update-as-of-january-31-2007/#comments Thu, 01 Feb 2007 00:27:43 +0000 Ed Mamula http://edmamula.com/2007/01/31/net-worth-goal-update-as-of-january-31-2007/ My first mini-financial goal is to achieve a liquid net worth of $100,000…on the way to financial freedom.

 After getting my accounts in order, the official tally for the end of January 2007 is $75,300

My full list of net worth goals was posted earlier.

]]> http://edmamula.com/2007/01/31/net-worth-goal-update-as-of-january-31-2007/feed/ 0 Goal: Liquid net worth of $1,000,000 http://edmamula.com/2007/01/26/goal-liquid-net-worth-of-1000000/ http://edmamula.com/2007/01/26/goal-liquid-net-worth-of-1000000/#comments Sat, 27 Jan 2007 03:35:11 +0000 Ed Mamula http://edmamula.com/2007/01/26/goal-liquid-net-worth-of-1000000/ After I read Steve Pavlina’s article 5 Wealth Lessons From 20 Percent of a Millionaire , I decided to conduct a race to a $1,000,000 liquid net worth with Steve.
Steve’s site is phenomenal, and he has a big lead on me in both net worth and monthly income.  Perhaps my only advantage in this race is that Steve doesn’t know he’s participating in it. :-)

It’s fun for me to state the goal this way, because I’m sure Steve will make it to a million, and I’m sure that I will too. 

My approximate liquid net worth at the end of January 2007 is…drum roll please….$74,000 

It’s on, Steve!  I’d use a tortoise/hare analogy here, but I’m not sure which one of us is which.  I also want to say that I’ve been hurting my chances of winning the race by buying products that Steve endorses.  and lining his wife’s pockets by booking intuitive readings!  That’s like running for class president and voting for the other guy. 

 

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