Wednesday, January 10, 2018

Principles of Corporate Finance by Brealey Myers and Allen

As part of my continuous commitment to develop in-depth knowledge I started going through “Principles of Corporate Finance” by Brealey Myers and Allen 11th edition (ISBN-13 978-0-0771-5156-0).
This will take a while as the book is over 800 pages long and has plenty of problems sets, at the end of every chapter, which I am committed to solve. The interesting questions, worth discussion or an additional attention will be posted here.
To check myself I also bought  Solutions Manual for Principles of Corporate Finance (Eleventh edition) prepared by Peter Crabb (ISBN 978-0-07-750247-8).
All solutions described here are by no means complete or correct. So any use will be at your own risk, although I would appreciate alternative solutions or discussion on the subject.

Friday, January 5, 2018

2018 Financial Independence Goals

Financial goals.
- Accumulate $10 K a year, with $4k of them towards long term house maintenance.
- Portfolio – no changes. Keep investing in the pension/retirement fund.
- Develop additional income source in full, potential reward about $2,000 a year. Target sites to be developed in full this year.

Blog:
- Regular monthly updates.
- To cover 6 themes on financial independence, including  30 year forecast scenario.
 
Educational:
- Read 12 books from the list.
- Publish the books reviews.
- Corporate finances to study in detail.

Family Budget:
- As long as the savings goal is made I do not mind the rest. Aim to stay under previous year budget.
- Be happy.  Run 1,000 miles during the year. BMI at 26.3 by December. Loose 2.5 pounds a month.