My New Retirement Fund

October my favorite month. I usually only post about Halloween stuff during October, but I've got a great new retirement strategy that I wanted to tell you about. Before I get to that I need to do a little blog house cleaning. Week before last I took the week off work to do some work around the house, I had also planned to spend part of each day finishing up some blog posts that I wanted to get done. Of course I didn't get them done. One I got about half way thru, one I've got the opening paragraph and don't really like it and the other I didn't write anything. It's really too late to post two of them so I'll give you the abbreviated versions.

My Trip to Chicago to See U2 -6 a.m flight, security issues (I'm a doofus), eternity spent in Springfield Ill, Cheesecake Factory, dead guy in street (jumped from hotel across the street), Snow Patrol - good band, U2 - Emotionally Overwhelmed! Greatest Concert I've ever experienced, Greek Food, Train ride home, good weekend.

Summer of TV - We love TV, summers are spent watching old shows on dvd, 1 season - Firefly, 3 seasons - Veronica Mars, 7 seasons - Buffy the Vampire Slayer. Great shows, you should watch.

Ok, now to my new supplemental retirement fund. I don't know if you've heard about this yet but the state of Arkansas has started a new scholarship fund that you can invest in. Currently there are only 4 options that you can try but more exciting investment opportunities are coming soon. This opportunity seems almost too good to be true, not only can you make money but it will fund college scholarships*. But what I like best is there is no waiting to find out your return on investment. That's right, no waiting years as interest compounds slowly or having to depend on the state of the economy. Instant gratification, you'll know how your investment did within minutes. Since this is a new kind of fund for most of us, I thought I'd provide a little public service by letting y'all monitor the results of my investments. My plan is to follow the same systematic approach I use for my 401k. Each pay period I'll invest a set amount, periodically increasing that amount as new opportunities arise. I'll post the results here.

Here are the results from my first investment that I made last week:

Fund - 3 Times Lucky Invested - $1 Return - $0
Fund - Jumbo Bucks Invested - $2 Return - $0
Fund - $100,000 Cash Bonanza Invested - $5 Return - $3
This Week Total Invested - $8

This Week Total Return - $3
This Week Net - -$5

Ok, didn't do so well the first week, that's the way it goes sometimes, but at least I'm helping some kid go to college. hmmm, maybe I should run down to the gas station and invest some more right now (resist the urge, resist the urge, must stick to strategy).

Hope you'll join me every couple of weeks as I invest my way to riches.

* As with all investments there is no guarantee of future earnings. Do not invest if you can't afford to lose your money. This is a high risk fund, especially since the economic forecasts and projections typically used to promote these types of funds are usually done with smoke and mirrors or pulled out of a particular body orifice of someone involved with the fund.