Archive for the ‘General’ Category

Vijai’s Networth

January 1st, 2008 Vijaianand

It is great to have goals but at the same time numbers speaks more than words. To inspire and get inspired, I am publishing my financial statement.

My goal is to buy few more rental properties before all the foreclosure properties disappear which help me build asset for Retirement. I will continue to save/invest in stocks and MF’s for Kids Education and retirement as well.















































































































































Assets 9/13/2011 Change from last month Change %
Liquid Assets $76,526.84 $11,775.45 18.19
Cash (CD&Savings) $76,526.84 $11,775.45 18.19
Lifestyle Assets $393,084.56 $24,140.64 6.54
Investment Assets $67,873.76 -$4,741.09 -6.53
Stocks $3,385.90 -$1,107.10 -24.64
Mutual Funds $33,466.96 -$984.76 -2.86
Kids 529 & Coverdall Savings $27,289.14 -$1,921.98 -6.58
IRA $3,731.76 -$727.25 -16.31
Total Assets $537,485.16 $31,175.00 6.16
Debts & Liabilities
Current Liabilities $3,142.88 $77.88 2.54
Non-Current Liabilities $166,381.53 $34,337.78 26.00
Auto Loan $35,194.78
Total Debts $169,524.41 $34,415.66 25.47
Total Networth $367,960.75 -$3,240.66 -0.87
Updated as of 9/13/2011
House Hold Property 
50% value of Electronics, Sofa, Bed set, Dining, Tools, Computers
Gold Jewels
As of 9/13/2011 – 1 gm 22 carat gold  =  $55.74 1,000.00 $55,739.09
Auto Values (edmunds.com)
Honda Car Value (average)
Honda Odyssey

Drop in Stock market has reduced the asset value but still managed to save which compensated little bit of the loss.

Posted in Finance, Financial Literacy, General, Investing No Comments »
Read More »

Vijai’s Goals

January 1st, 2008 Vijaianand

Payoff Credit card Balance Transfers
    “First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end.” – Aristotle

Without a target, where do you focus and aim your arrow. Always SET Goals and Objectives first, whether short or long term. Then work on each one of them according to your priorities.

Get, Set and Go. Do not just get to the action. An Action without proper goals and plan is prone to fail. 

One more thing, as many know I always like to walk my talk. To prove it again, I have published my Financial statement with Asset, Liabilities and Networth. Check it out, how its aligned with my goals.







My Goals – Make IT, Manage IT&Master IT
Last updated – Jan 25,2011




















































Short Term Status Long Term Status
Payoff Ist Rental Property 2011 75% Retire Financially Stable 2030  25%
Buy 1 Rental Property 2007&Buy 2nd Rental property in 2010 (Cash) Rented out both – completed 100% Become a Millionaire – 2015  37%
Get Real Estate License Texas   Working on it Start back my Radio Show On hold
Fill back 3mths of Emergency fund 100% CFP Course  
CFP Exam
CFP Certification		  Course Completed – Jun 15,2010
Exam Passed – Nov, 2010
Now working on gaining experience to complete CFP certification
Plan for 2nd Kids Medical Expenses 100% Medical and Emergency Fund 90%
Payoff Credit card Balance Transfers
 Done – 12/08 Visit London

Visit 7 Wonders of World

 In 2012

In 2020

Last Will Need to change after 2nd baby Family Trust Yet to Start
Term Life Insurance 1M Active Two Kids Education Savings – 529&ESA Plans Active
Support India Charities 2010 Charity Campaign collected $1500 and sponsored 11 kids education Create Trust to Help Kids Education 1%

Posted in Finance, Financial Literacy, Financial Planning, General, money really matters No Comments »
Read More »
Newer Entries »