Increase Revenue, Decrease Cost

I started a new website dedicated to helping readers build net worth through increasing revenues and decreasing costs. The site's URL: www.increaserevenuedecreasecost.com pretty much sums up my objectives.

This should be an effective arena for readers to start to make the necessary tweaks in their life to optimize income. I would suggest everyone check out the site when you get a chance.

Thanks in advance!

24 Goals - Final Update

So it's time I share how I faired.

1. Make the maximum contribution to Roth IRA by July 4th ($4,000/$4,000) - Complete
2. Successful open up Hedge Fund account by June - Complete
3. Hedge Fund account value greater than or equal to $10,000 by August ($13,136/$10,000) - Complete
4. Hedge Fund account value greater than or equal to $20,000 by January ($12,500/$20,000)
   
5. Roth IRA account greater than or equal to $9,000 by January ($6,912/$9,000)
6. Have 150 blog posts by December (92/150)
7. Create Fund website by July 4th - Complete
   
8. Read five books by August (5/5) - Complete
9. Create two more portfolio's in my VSE league (2/2) - Done, dedicated my portfolio to EMA technical trading.
   
10. Do 75 push-ups without taking a break (80/75) - Oh yea, next goal is 100.
    
11. Run 2 miles in 12 minutes - Reached this in December
    
12. Increase my net worth by 80% this year (68%/80%) - Almost got there!
    
13. Play a set of tennis without double faulting - Not gonna happen.
14. Achieve Certified Associate in Project Management (CAPM) certification - Deadline passed; goal failed
15. Secure a full-time job - Yes
    
16. Convince five people to start investing (5/5)
    
17. Establish and record 500 phone contracts (220/500) - A little to aggressive
    
18. Establish and record 1000 email contacts (280/1000) - A little to aggressive
    
19. Learn how to drive a manual transmission - Nope
20. Achieve 1000 lifetime trades (465/1000) - A little to aggressive
    
21. Complete my portfolio management spreadsheet and submit to sourceforge.net - Nope
    
22. Attend a University of Michigan basketball game for free - Complete
    
23. Master double-digit multiplication and division - Complete
    
24. Give blood - Complete
    

In short, I am pretty satisfied with the results. I set 24 aggressive goals and was able to accomplish 13 of them.

24 Goals to Accomplish in 240 Days - UPDATE

It has been nearly six months since I shared my goals for the rest of the year. I have detailed the status of each of the goals below:

1. Make the maximum contribution to Roth IRA by July 4th ($4,000/$4,000) - Complete
2. Successful open up Hedge Fund account by June - Complete
3. Hedge Fund account value greater than or equal to $10,000 by August ($13,136/$10,000) - Complete
4. Hedge Fund account value greater than or equal to $20,000 by January ($13,136/$20,000) - Organic Growth, Yea!
   
5. Roth IRA account greater than or equal to $9,000 by January ($7,092/$9,000)
6. Have 150 blog posts by December (91/150)
7. Create Fund website by July 4th - Complete.
8. Read five books by August (5/5) - Complete
9. Create two more portfolio's in my VSE league (2/2) - Done, dedicated my portfolio to EMA technical trading.
   
10. Do 75 push-ups without taking a break (40/75) - Will measure this month
    
11. Run 2 miles in 12 minutes - Will measure this month
    
12. Increase my net worth by 80% this year (65%/80%) - Increased by almost 7%
13. Play a set of tennis without double faulting - 4 double faults is still my average
14. Achieve Certified Associate in Project Management (CAPM) certification - Deadline passed; goal failed
15. Secure a full-time job - Still working it
    
16. Convince five people to start investing (4/5)
    
17. Establish and record 500 phone contracts (170/500)
18. Establish and record 1000 email contacts (250/1000)
19. Learn how to drive a manual transmission - No progress
20. Achieve 1000 lifetime trades (435/1000)
21. Complete my portfolio management spreadsheet and submit to sourceforge.net - No progress
22. Attend a University of Michigan basketball game for free
    
23. Master double-digit multiplication and division - I would say I have a good grasp of this
    
24. Give blood - Complete

8 Goals down, 1 unreachable, and 15 to go.

24 Goals to Accomplish in 240 Days - UPDATE

It has been nearly five months since I shared my goals for the rest of the year. I have detailed the status of each of the goals below:

1. Make the maximum contribution to Roth IRA by July 4th ($4,000/$4,000) - Complete
2. Successful open up Hedge Fund account by June - Complete
3. Hedge Fund account value greater than or equal to $10,000 by August ($11,608/$10,000) - Complete
4. Hedge Fund account value greater than or equal to $20,000 by January ($11,608/$20,000)
5. Roth IRA account greater than or equal to $9,000 by January ($6,975/$9,000)
6. Have 150 blog posts by December (90/150)
7. Create Fund website by July 4th - Complete.
8. Read five books by August (5/5) - Complete
9. Create two more portfolio’s in my Virtual Stock Exchange league (1/2)
10. Do 75 push-ups without taking a break (40/75)
    
11. Run 2 miles in 12 minutes - Still running, no timing
    
12. Increase my net worth by 80% this year (58%/80%) - Increased by 5%
13. Play a set of tennis without double faulting - 4 double faults is still my average
14. Achieve Certified Associate in Project Management (CAPM) certification - Deadline passed; goal failed
15. Secure a full-time job - Getting some interviews
    
16. Convince five people to start investing (4/5) - Another roommate opened an account!
    
17. Establish and record 500 phone contracts (160/500)
18. Establish and record 1000 email contacts (240/1000)
19. Learn how to drive a manual transmission - No progress
20. Achieve 1000 lifetime trades (420/1000)
21. Complete my portfolio management spreadsheet and submit to sourceforge.net - No progress
22. Attend a University of Michigan basketball game for free
    
23. Master double-digit multiplication and division - No progress
24. Give blood - Complete

I think I can easily knock off #9, 11, and 16 this month! We'll see.

Links for Friday

This Week's Links: CNN Money Addition!

• What's the difference between a stock broker and a financial adviser? Consumerism Commentary answers this question in Financial Advisers and Stock Brokers: What's the Difference.
• Thinking about getting 15% by signing up for a store's credit card? Think again. The Simple Dollar explains why these cards are no good in Why Store Credit Card Are A Bad Deal.