AsianTom.com

I’ve been pretty busy with work lately but things are going well. I will be doing a website overhaul soon so stay tuned.

To me in the end the only thing that really matters is family and health. This is number one reason why I work. I want to ensure that my current and future family the security they need to have a healthy lifestyle.

Recently I had a health scare that came out of no where that was severe enough to send me to the emergency room. While sitting there in the emergency room waiting to see a Dr. I was ready to give up everything I had to be healthy again.

This scare made me realize that we often overlook the most important thing in our life, our health. Sometimes we get so busy with work and other things that we overlook the types of food we eat and neglect to get the proper daily exercises.

As busy as you get make sure you eat healthy, take vitamins, and get some sort of daily exercise that works the heart.

I would like to hear about ideas you have for 2008, or anything you think will be a bit hit. Thanks

I recently read an article that many single digit millionaires don’t feel they have enough and for many it’s not enough to retire. Well this all depends on where you live, but I do see their point. A million dollars today just doesn’t buy as much. Home prices in my area range in the $800k and on top of that there is property taxes.

Here is a link to the articles: In Silicon Valley, Millionaires Who Don’t Feel Rich

I’ve had another success year as far as business goes but it looks like I will have to keep working a few more years according to this article. So how much do you feel is enough for you to retire. Let me know.

Could I really achieve $19 million dollars by age 48? In theory yes. Using an interest calulator, which compounds money once a year at 20% with an intial investment of $500,000 I should be able to reach this milestone.

The problem with formula is with the 20%. Being able to achieve 20% a year on my money is highly unlikely but a few hedge funds have been able to achieve these types of gains. There are a few mutual funds that do very well each year and if you actively manage your money I believe it’s possible to get close to the 20% interest.

I have slowly started to move my money into funds that actively invest in foreign companies.

Here is a list of funds I currently own:

FLATX
GAAEX
MPYMX
OBCHX
PRNEX