Whew, I am glad this week is over. And I just lost my whole entry just now, so here goes retyping it: As in work, it’s good to have a target to work towards. First, I will assign myself short-term monthly goals, due at the end of each month. Since my initial goal this month was to start this blog (done already on 12/6), my new goal will be to decide on an asset allocation strategy for my non-retirement and retirement dough. Here is my current asset allocation for my 401k:

That is, the breakdown between different asset-types is 40% Large-Cap stocks, 20% Mid-Cap stocks, 20% International Stocks, and 20% Bonds. This breakdown was based loosely on a bunch of different websites such as MSN MoneyCentral, CNN Money, and SmartMoney, but I think I can do more research and get a more solid answer.

Ok, my planned “grand opening” for this site is January 1, 2005, since 1/1/05 looked like a nice number, and I just don’t have time to make things nice-lookin’ right now.

But I did want to make a quick snapshot of my current status for historical purposes:

Assets: *= pre-tax
———–
Cash Savings: $54,983
Brokerage (non-retirement) $ 7,808
Roth IRA: $ 2,001
Traditional IRA*: $ 5,383
401k*: $11,000
529: $ 1,097
———————————————
Total: $82,272

Liabilities
————–
Credit Cards: $26,522

Net Worth: $55,750

Don’t worry, most of my credit card debt is in 0% APR accounts, or I pay off the balance every month. More on that later…