heshe,
and here is one more and LASTR about the math.
here is MY math,
I don't know ANYBODY who uses it but me,
...and it works PERFECT for ME.
Here is what I do:
I keep the running total of my portfolio, including my checking acount I live off. Dividends added, taxes deleted, income from all sources added, stock/bond prices updated daily,
which gives me the TRUE number where I am at any given day.
If I bought $50,000 diamond,
the numbers is reduced by $50,000, so you get my drift.
Because...I don't care how much Dow is up this year, how much NASD is up this year, how much Oprano's profits down this year,
all I care about what the TOTAL, the sum of it all is like.
As a safety valve, I have the number, which is crossed on the down side, I start curbing my expences drastically and start washing condoms instead of buying diamonds.
I am 8% up for the year, 6% up year to date and this is ALL I care about as far as money are concerned.
One day, you get the beauty of MY math and thank me accordingly!
;-)
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