Lost Decade

The 2000's will go down as the 2nd worst performing decade for the DOW. If history is an indicator, the next decade should be good for equities.

Goals 2010

Been a while since I posted. Markets have recovered nicely since my last posts over a year ago.

My #1 goal is to focus on passive income/ monthly cash flow. I will become a become money making machine. If I can build my monthly passive cash flow year after year, It will allow me to reach my ultimate goal- Get out of the rat race.

1) $300 month in passive income ($3600 annual).

This will reverse a trend since I have been tracking passive income.
2007: $1654.22
2008: $1324.82
2009: est $1121.31

Not pretty.

$3600 represents a 320% gain over last year. This is quite an increase.

I have already started putting the pieces in place:
1) moving my money to high interest checking account with Royal Banks of MO. Pays 4.3% up to $25,000.

2) Opening up GE Interest Plus account. Pays 1.9%

3) Opened Lending Club account for peer to peer lending. Also collected $25 bonus for opening up account.

4) Will be looking at opening a few more positions in dividend yielding stocks. I have a few on my watch list.

Other goals for the year:
-$xxxK Income
-read 26 books
-become knowledgeable about real estate investment. This falls into my 3 year goal of owning investment cash generating real estate.
-do not procrastinate