Friday, November 30, 2007

Step 19 - Forex trading

I opened managed forex trading account and deposited 2,000 USD of My Doubling Adventure's capital. I funded it with credit card so there is liability to be recorded in the balance sheet of My Doubling Adventure. Trading already started and there is small profit (still floating). I expect this to be very exciting ride and hope it will help to increase my doubling Net Worth.

Assets


Cash 348.25
Money market fund 13,846.09
Forex trading account 10,035.37


Total assets 24,229.71




Liabilities


Credit card balance 9,924.91


Total liabilities 9,924.91




Net worth 14,304.80


In DYWTAM Project I successfully completed Step 10, and started to work on Step 11.


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