Monday, May 18, 2009

Finally putting things into practice

I have been unable to access any blogspot sites since Friday, a remarkable coincidence with my little outburst against the local government regime. Perhaps they are related?

Anywhere else and I’d have said bullshit, but this country has proven itself at being able to throw up unpleasant surprise after unpleasant surprise after unpleasant surprise.


In the intervening time, I have FINALLY taken the time to actually start some financial planning. Like what the texts books have been telling me since… June 2007.

1. Identify financial needs and goals
2. Allocate assets

In line with item 1, I did a budget forecast of my next big thrust into fatherhood dictatorship, and the initial results were not encouraging. 10,000 AUD just to secure a miserable seat in the Outer Party’s Supervisory Committee is just… depressing.

How the fish do these crooks finance themselves into the Inner Party Censorship Board and Economic Planning Council? Ok fine, stupid question: they are crooks.

The asset allocation bit was a bit trickier. Having made earlier contributions to various mutual funds, I had to break down each fund into its constituent asset types to find my total exposure to each asset type. Then compare the existing allocation to the target allocation etc etc.

Ok I’ll not bore you with the number-crunching and data manipulation game.

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