Wednesday, December 10, 2008

Savings Policy

From now on we'll split all savings 50:50 between paying off debt (margin loans and credit card) and making new investments (in Snork Maiden's and my own Colonial First State accounts). Just another form of diversification. We are due to receive a refund of a large part of the costs of the China trip and hopefully get the moneys from redeeming EBI.AX units. In total that is $A12,000 to be reinvested. All this is on top of our regular $A400 monthly contributions to Snork Maiden's account.

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