Despite a significant market drop on the last day of the month, we still managed a small amount of positive growth for the month of February. We pay our mortgage bi-weekly, and this was a month where one of the extra half-payments was paid directly into the principle. We put the surplus cash we had into Emigrant Direct for now, but it will most likely find it’s way into one of our Roth IRAs in the coming months.
As I’ve said in the past, the lower stock prices should be a good thing for us in the long run, and we’re continuing to invest our money, but it isn’t fun watching my Roth IRA drop month after month. It’ll be nice when the investments I make aren’t being erased by drops in the market.