Monday, December 24, 2018

Case study: prime rate and interest income over ten years

Dec. 24, 2018

Introduction


It is so hard for me to review my personal finance this year. I never do annual book keeping before like this time, and also I keep pushing myself to learn and continue to push myself. So I have to be super patient to myself, I did not know originally how many money I distributed into my 401 K, and how much I distributed into my IRA CD with New York community bank. I like to write a blog to do the case study. I also had a big surprise a few weeks ago, I calculated the interest income is $8000 dollars after 10 years, and then I found a piece of paper with another $3,000 dollar IRA CD deposit in 2014.

Case study


I need to find out the detail about my investment and last 10 years interest income. I need to get USA prime rate interest from 2006 to 2018 first.



Actionable Items


I have to push myself hard and find all possible problems through case study. Who am I, how I make financial decision, what can I improve? Where to seek help? How do I learn by myself? How to share my personal finance to help others in community.

I learn a rule today called Do not be a hoarder, be open to share in this internet age. I will start to share my mistakes first, my loss and pain and struggle, one day I will learn to write my joy and happiness of learning.


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