Monday, January 6, 2020

Case study: Par 401 K 2010 - 2020 10 year history

January 6, 2020

Introduction


I took a few minutes to show how to use Charles Schwab to analyze last 10 year net position. I had hard time to understand myself. From 2010 June to May 2019, I was so busy but I did not learn how to prioritize my projects. I wasted 10 years of my life to build wealth for myself using par 401 K.

Case study


First, I did a case study if I stay put and leave the fund in my original portfolio, I can have more than 20,000 market change in last 10 years. Here is the blog.

But in reality, I showed behavior problem in January 2009, and then I did not review my finance at all 10 years until I decided to move my research from God, being a Christian, a web developer, data structure and algorithm away, started my personal finance research.

I remembered my friend Rick gave me the comment in 2010 after he knew me more than 10 years. You always like to have people in arm's away. In other words, I always put other people's concern first, and work hard, but I do not know what I should manage to do my own business.








Poverty research


I did quick study about poverty on January 5, 2020. That was the first time I read the article about the topic. I like to look into more on this issue. How can I get out of poverty after working so hard over 24 years in North America.


Low income research


I also started to work on research on low income. How should I work on and then stay confident on capitalism. The way to build wealth is not to rely on high paid job as a software programmer.

Here is the article.


No comments:

Post a Comment