J David Macor

It is time to roll out one of the new features here at J David Macor.com; my Financial Month In Review. Think of it as sort of like John Chow’s Blog Income Report, except hopefully I will be making much more money from my real job than from my blog income! I will detail where I am getting my money from, how much of it I have accumulated and what I have done with the money. I won’t be telling you when I buy bushels of strawberry or bulk packages of contraceptives though… Just general categories. Eventually, I will also be sharing my own investment plan. That is, when I have money to invest with…

The Start of Something Financially Beautiful

That’s the plan at least. I want to share with you guys what I am doing with my money, and then get some feedback. In the end, hopefully I will be wise enough to teach you, my knowledgeable readers a thing or two about finance.

Now, I will not be advocating a get rich quick scheme, nor a get rich slowly one. I am shooting for that middle ground. Not because getting rich quickly or slowly is a bad idea, but because those strategies don’t fit my risk profile. I won’t just sit here with high yield savings accounts that barely keep me above inflation forever; I also don’t want to invest in your new pancake puff maker. I want to invest and make a comfortable amount of money.

My Starting Point

Assets

• Checking Account: $2,000
• Savings Account(s): $9,000

Liabilities

• Federal Student Loans: $29,000