Jul 30, 2007

Ashes, Ashes, Her Finances Go Down

The stock market is still performing poorly. I went ahead and bought $100 more dollars worth of my mutual fund, because I’m upset that I’ve lost $400 and I figure if I buy more now, when the the fund is cheap, maybe I’ll make my money back. At least my CDs that are making interest have made about $400 total over the last two and a half years, so, I’m at break even, for now.

I’m not too concerned about my Roth IRA. It kind of sucks to watch my Roth depleting. That’s going to have quite some time to recover. Afterall, I’m only 23. The mutual fund is really worrying me, and it probably should be. As I’ve written before, I’m not going to pull my funds out right now. I’m keeping them in for a while. A few years probably. I have other money not tied up in investments so I’m doing fine financially. It’s just it’s really upsetting to think that there’s a possibility the $9100 dollars I now have tied up in mutual funds -- $4000 in my Roth and $4600 in my index fund buy – will be down to… much less than that the day I decide I want to buy a house or take a year off of life and become a reclusive writer traveling the world.

In happier financial news, my freelance career is sort of, kind of taking off. Thanks to my uncle, who hooked me up with some folks who needed writing help, I managed to make about $300 extra this month. That’s really nice, considering I’ve spent about that much to get to and from my show and work in gas and that lovely $170 car key incident.

I’m also excited about getting my first paycheck for my new job tomorrow. I’m not sure how much my check will be after taxes are taken out, but I know I’ll be making more than I was the last time I was taking home money. And my new company even has direct deposit, so I don’t have to deal with going to the bank twice a month. I hate going to the bank.

Really what I need to focus on is doing good work at my job. I’m trying, I really am, but my new position is pretty hard. And I love the challenge, but I’m terrified of failure. I’m even more terrified of failure because I’m not really sure what it’s defined as in a job like this. There’s no way to quantify what a good job means. Obviously if everything I do is great and gets a lot of positive feedback from the blogosphere, I deserve a pat on the back. But otherwise? I don’t need constant praise or criticism but once in a while it’s nice to know where I stand – especially when I’m so new at something. I do hope I’ll get better. I like that my company does offer a bonus incentive to work towards. That’s certainly not the reason to do a good job, as really, the reason to do a good job is the reward of knowing that I’m contributing something to a larger conversation… but, the extra cash incentive doesn’t hurt.


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