Saturday, October 08, 2005
Nothing SO interesting here... Money Stuff
There isn't that much exciting going on. I spent Shabbos hiding out on my own in my father's house, which is too far from any minyan to attend services. I still fully kept shabbos, davened (prayed), and did everything I was supposed to, sans the mitzvah of hearing the weekly Torah reading.
I wish I lived closer to a shul that way I can enjoy a peaceful shabbos like the one I just had, but including the minyan and the shul experience. My dad is still talking about building closets in my room, even though I told him that I plan on moving out soon. He's in denial, just as he usually is when I do something that is against his wishes.
Other than reorganizing my bookshelf by topic, (i.e. Nigleh, Halacha, Chassidus, Tanya; Law books by course topic; Secular books by books on persuasion, investing, grammar and proper writing, "feel good" books by Rabbi Twerski, M.D., and previous journals), I spent a considerable time today reading Pavel Tsatsouline's book called "Power to the People," a book on the strength training techniques the Russian atheletes use when training for the olympics. I've been very impressed by his books and his style of writing lately, and I've found his advice to work very well when it comes to getting results in stretching and exercise.
Otherwise, everything seems okay. I found out early Friday morning that my massive amount of private loan debt's interest rate has been inching up these past few months from 4% to almost 7%. That's a big jump, and I don't think it is going back down any time soon. So, I am thinking of taking all of my investment account Roth IRA money that I saved during college and taking a disbursement to pay down the school private loans. I checked on the IRS website, and this use of my Roth IRA funds would avoid the 10% penalty that the IRS imposes on early withdrawal of Roth IRA funds.
I feel that using my funds to pay the school loan guarantees me a 7% interest (that I will not be incurring), and this is a better deal than playing with the money in this crazy market and risk losing even more of it like I did a few months ago.