Meager Income

Pay Off Debt, Retire Comfortably on Meager Income, Win the Lottery, Not Necessarily in that Order

Auspicious Ending to 2011

Posted on | January 1, 2012 | No Comments

I finally made it below the 250K mark debt-wise!  Yes!!!  I hope to continue the trend this year but at a slower clip.  Instead, I want to invest more in equities.  Last year, I started keeping track of my returns from my stock holdings.  Now, I’ll be able to compare from one year to the next.

I’ve tallied my investment income for December and updated the graphs.  The totals for this month are a bit misleading because mutual funds I hold in my 401k and HSA wait until December every year to disperse the dividends.  I ‘m still very pleased with the results though.

I’m also going to look into refinancing my mortgage.  I’m underwater but I’m hoping I’ll qualify for the new HARP program now that the guidelines have been eased a bit.  (With interest rates hovering around 4% it is distressing that very few are able to take advantage of the cheap financing yet everyone holding cash is penalized.)  I’ll keep you posted on my progress.

I’m also very pleased that House Republicans finally did the right thing and let the payroll tax holiday continue a bit longer.  I believe it puts money into the hands of people who spend it helping to stimulate the economy.

Happy New Year to all!


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