Friday, August 21, 2015

My "Drive Free Cars" Fund Update!

I made a partial car payment to my Car-Fund for August in the amount of $ 240.00.
The total value of my Car-Fund is now $ 1,048.36.  I doubt that I have many options for a reliable vehicle for around $1k.  May be a motorcycle.   I posted some vehicle options in this range below.


After reading the descriptions of these cars, most are mechanic-specials.   It appears the stock market is falling (see the S&P figure below), so that means I can grab some good on-sale ETFs this week.  

The below table is a snapshot of the ETFs I am currently invested in. Some pay dividends, which I might set up to a do a dividend reinvest option.

SymbolCurrent ValueQuantity
IDV ISHARES INTERNATIONAL DIVIDEND ETF$58.802
IJR ISHARES CORE S&P SMALL-CAP ETF$111.221
IJT ISHARES S&P SMALLCAP GROWTH ETF$250.702
ILF ISHARES LATIN AMERICA 40 ETF$71.733
ONEQ FIDELITY NASDAQ COMPOSITE INDEX TRACKING STOCK$185.631
PFF ISHARES US PREFERRED STOCK ETF$117.033
PICK ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF$10.551
Total Invested in Funds$805.66

An interesting article at Dave Ramsey site discusses what cars the wealthy drive.  Would a millionaire choose a Ferrari or Ford?




Also, I think the S&P 500 might be on-sale. 


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