Phantasmix Stock Market Blog » • Savings, Income, Expenses http://phantasmix.com Trading stocks and options -- contact @ phantasmix.com Mon, 21 May 2012 15:34:02 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 A Safeguard Against Inflation and Deflation http://phantasmix.com/a-safeguard-against-inflation-and-depression.html?utm_source=rss&utm_medium=rss&utm_campaign=a-safeguard-against-inflation-and-depression http://phantasmix.com/a-safeguard-against-inflation-and-depression.html#comments Tue, 30 Sep 2008 05:16:29 +0000 Phantasmix http://www.phantasmix.com/?p=829
  • Cash would be good in a deflation.
  • Cash would be bad in an inflation.

    • What stores value equally well in any environment?

    Real estate – meh, not so much. I’m thinking (once again) – gold.

    Of course, in a deflation cost per ounce goes down, however theoretically (and practically?) that ounce of gold can buy you the same amount of “widgets”, because “widgets” now cost less as well.

    I’ll try to buy some gold from Questrade tomorrow.

    Update: I changed the subject of the post, accidentally put in “Depression” instead of “Deflation” :) oops, Freudian slip.

    And I decided to put off buying of the physical gold until $850 is tested.

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    ]]>     http://phantasmix.com/a-safeguard-against-inflation-and-depression.html/feed 17     Note to Self: Charge Double Rates in the Summer http://phantasmix.com/note-to-self-charge-double-rates-in-the-summer.html?utm_source=rss&utm_medium=rss&utm_campaign=note-to-self-charge-double-rates-in-the-summer http://phantasmix.com/note-to-self-charge-double-rates-in-the-summer.html#comments Sat, 23 Aug 2008 04:04:49 +0000 Phantasmix http://www.phantasmix.com/index.php/2008/08/22/note-to-self-charge-double-rates-in-the-summer/ We essentially sold our summer, and are having to work on this “project from hell” (it lasts forever and has lots of loose ends that won’t be tied until the very end – that alone is enough to drive me nuts).

    Even though we quoted a good amount, we should have doubled our rates! It’s twice as hard to sit at the computer all day and work in the summer than it is in winter.

    *Sigh*
    (ok, I know it’s showing rain but we had a long, cold, dark winter so this is good enough)

    Click for the latest Toronto weather forecast.

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    ]]>     http://phantasmix.com/note-to-self-charge-double-rates-in-the-summer.html/feed 0     Food Spending Chart http://phantasmix.com/food-spending-chart.html?utm_source=rss&utm_medium=rss&utm_campaign=food-spending-chart http://phantasmix.com/food-spending-chart.html#comments Tue, 10 Jun 2008 18:15:23 +0000 Phantasmix http://www.phantasmix.com/index.php/2008/06/10/food-spending-chart/ Here’s a chart with our food expenses, from Jan 2007 to May 2008 (without alcohol). August and September omitted due to our trip in that period.

    Frustrating…

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    ]]>     http://phantasmix.com/food-spending-chart.html/feed 4     It’s Official – I’m Loaded… http://phantasmix.com/its-official-im-loaded.html?utm_source=rss&utm_medium=rss&utm_campaign=its-official-im-loaded http://phantasmix.com/its-official-im-loaded.html#comments Fri, 04 Jan 2008 22:41:00 +0000 Phantasmix http://www.phantasmix.com/index.php/2008/01/04/its-official-im-loaded/ > Related ArticlesNo Related Post]]>
    I’m the 43,649,328 richest person on earth!


    Discover how rich you are! >>

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    ]]>     http://phantasmix.com/its-official-im-loaded.html/feed 0     2007 Summary: Income http://phantasmix.com/2007-summary-income.html?utm_source=rss&utm_medium=rss&utm_campaign=2007-summary-income http://phantasmix.com/2007-summary-income.html#comments Wed, 02 Jan 2008 03:46:24 +0000 Phantasmix http://www.phantasmix.com/index.php/2008/01/01/2007-summary-income/ We’re a long way away from freedom if you define it as not depending on work for money. Only about 5% of total income was from passive sources and such hobbies as stock trading. On the other hand it’s about 1 month worth of our expenses.

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    ]]>     http://phantasmix.com/2007-summary-income.html/feed 0     2007 Summary: Savings http://phantasmix.com/2007-savings-summary.html?utm_source=rss&utm_medium=rss&utm_campaign=2007-savings-summary http://phantasmix.com/2007-savings-summary.html#comments Wed, 02 Jan 2008 01:51:56 +0000 Phantasmix http://www.phantasmix.com/index.php/2008/01/01/2007-savings-summary/ I’m opening up a new tab: Savings tracker.

    We used to live in a permanent “saving mode” until a few years ago but when life got easier, we relaxed. In 2007 we didn’t have a savings goal, only an income goal and I think that made us concentrate on the wrong number. Because as we all know, it’s not how much you make but how much you save.

    Despite the focus being off somewhat, we added 15.8% to our savings after-tax (I’m estimating taxes at this point of course). Before tax it’s even a more impressive number: 36.85%.

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