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Nov09 net worth

November 29th, 2009 at 08:09 am

I'm a little surprised that my net worth went up this month because, knowing that I'm going to be out of a job soon, I've effectively frozen all my stock trading, and instead, have been focusing on nothing but just building up my emergency fund. The only thing I'm still contributing to are passive investments such as my 401(k).

I'm probably over-reacting to my impending job loss. It's only a job, and so long as I can find another one and keep the income rolling in, I should be OK. I also realize that there are people out there dealing with much worse issues than this.

Still, this isn't something I can brush off.

9 Responses to “Nov09 net worth”

  1. midlight21 Says:

    Not sure how far these folks are from you, but this position reminded me of you:


  2. homebody Says:

    You are not overreacting. I have a BIL who has been unemployed so long his unemployment ended.

  3. frugaltexan75 Says:

    It doesn't hurt to be careful. You never know how long it will take to find something else, nor if you'll be able to find something along the same lines of income.

  4. Broken Arrow Says:

    Thanks Lux, for the thought. The position is two hours away, so it's not practical for me.

    Yeah, it never hurts to err on the side of caution. Better safe than sorry.

  5. bennyhoff Says:

    Have you started looking for another job yet? I know at one job I was told I should start looking for other work, and in a few months I moved on to another job. They didn't give me a firm time frame for that happening, but it gave me the ability to not be unemployed, and my prior employers were certainly not upset with me leaving when I did. They were happy for anyone that could leave before they had to close the office. So don't feel like you have to stay until the close down date.

  6. Broken Arrow Says:

    Oh yeah, I've already been looking. Sent a few resumes around. Nothing yet. I admit I'm being picky right now though, while I can still afford to do so.

  7. midlight21 Says:

    Wishing you good luck with the job search!

  8. midlight21 Says:

    Here's an article you might enjoy:

    Success isn't just for the Extroverts
    Text is http://www.nytimes.com/2009/11/01/jobs/01pre.html?adxnnl=1&ref=jobs&adxnnlx=1259593269-rXOn4k1+d91wHSl6fvbOfg and Link is

  9. Broken Arrow Says:

    Interesting, Lux! Thanks again.

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