Not much to report

Not the most exciting title for an update, but it's the truth! I could have sworn though that I posted in August. Anyway, the market is on fire, which is good and bad. I have a bunch of cash that I want to invest, but I don't want to invest now, for fear I will be investing at the high. I know October is usually a not very promising month for the market, so I'll be on the watch for any downturn, no matter how slight, to invest. I saw my Learnvest adviser (or talked to her) recently and we mostly talked about a strategy for investing the cash.  We'll see.  Overall, I"m about 40% in cash, which would be fine if I were 80, but since I am not, I need to put my money to work so it will grow.

The real estate market in my hood is also on fire. There's a place similar to mine on the market for $150K more than I bought mine for a little more than a year ago. So in theory if I could sell my place for that amount, I'd have to bring about 100K less to the closing to give to the bank to pay off the mortgage. Which is nice, but irrelevant because I have no plans to sell.

I've been pretty good on my expenses lately. I haven't bought a stitch of clothing, any electronics, any furnishings or any sporting goods this month, and there's only 10 days left. Would kind of like to keep it that way. My food budget is somewhat under control. Took lunch all but one day this week.

Yawn, sorry for the boring update! But I guess slow and steady wins the race.

Cash Money$

As I mentioned, I have a fairly large cash position. While the financial planner made me feel less guilty about not having it invested (he told me there will be volatility soon so it's ok to have a lot of cash on hand), I did want to earn something on it. Again from Get Rich Slowly readers, I learned about the Ally 5k-year CD. The best part about it is you only lose 2 months of interest if you pull your money early. I opened one big one, and now I plan to open several smaller ones. Opening several smaller ones is helpful because if I do have to pull some money, I'll lose less interest. That was another idea from a blog commenter. Yay for learning from others!