2million - My Journey to Financial Freedom

A Personal Finance Blog      ANNOUNCEMENT:2million has moved to www.2millionblog.com.     

Saturday, September 03, 2005

My Personal Finance Goal

As I mentioned earlier my primary goal is to reach a net worth of $2 million excluding my home. I have been steadily working towards this goal since I starting working in 8/2001.

One of my goals for this blog is to help me fine tune my strategy for achieving this goal. I have been working toward this goal for 4 yrs and have many ideas on how to reach it but I don't have a clear strategy for getting there.

If I had to articulate my current strategy it would be to save as much as possible and invest my savings in investment vehicles that appear to offer the best rate of return for me.

In the past 4 years these investment vehicles have primarily included buying stocks mostly in a variety of DRIPs (dividend reinvestment plans) and buying a 3 bedroom house in 7/2002.


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