Diary

through 1:45 Read Stationery store's budget books.

1:45-2:00 Regroup

2- Realize that I can do or not do Home Finance. I really don't need to do a D+S thing. That is not Home Finance. No one will use it in the Home. It doesn't add enough value and it takes too much time. People just don't have that time, when raising kids, doing activites, etc. (WRONG)

But should I play off of this, since Microsoft really wants it. Do I want to end up doing a journal/general ledger program? No way. All I wanted was something to help me with my home accounting. I HAVE FOUND I CAN DO IT WITH A BASIC PROGRAM, since I don't need

a) checkwriting

b) transaction on disk for

searching

updating

c) budgets

d) graphics

All I need is balancing + statements, + percentages.

So, flatly, I don't want to do just a general ledger. If we do it, we do 'em all, and recognize that is what we are doing.

But am I even interested in that. Do I want to do accounting programming. No WAY

2:15 Have lunch. It's not "accounting programming" it's a consumer product line (NO)

2:45 Go to work.

Return books I won't read to library. Read Mail

Read parts of

"Networks"

"Computer in 80's" (dated)

Talk to Kaufman

Get books from Russ

Money Dyn of 80's

Jane Bryant Quinn

Silvia Porter

Start to finish "Fifth Gen"

Talk w/Steve Snyder + Russ about my problems with Home Finance

7-7:45 Go to Dicks + eat

Head for Gym

7:45-8:55 Exercise. Not very long. Only 1 hr 10 min

8:55-10:00 Come Home

I realize NOW that a YTD transaction report for all income + expense accounts IS feasible. I guess I misjudged because my personal book covers 3 years. But over 9 months on D+S there are 380 transactions. At 80 cps, that would take only 5 minutes to print (if he has a printer). It could be printed with Income Statement + Balance Sheet attached!

SO I'M ENTHUSED AGAIN.

BUT I NEED A MOTIVATION. I WANT A BETTER CREATIVE ENVT. A HOUSE, WELL-FURNISHED

bedroom for me

bedroom for houseboy (room + board in exch for service.)

bedroom for guest (NOT USED MUCH)

bedroom for housemate (for rental income)

COMFORT

den

video room/gym

medium kitchen

living/dining room

yard for dogs (COMFORT)

BUT TO GO WITH THIS I NEED [whited out] shares of Microsoft! (How to get it? MANAGE OTHERS!)

10:00 So I'm motivated + ready to write spec, but first I will

WRITE PROGRESS REPORT SHOW MY ENTHUSIASM IS REAL.

I FINALLY CAN SAY I'D USE THIS PRODUCT.

To get shares, remember that new Apple BASIC is riding on this too. I have no interest in it

10-10:45 Reread since November 17

+ HURRAY, I'M DONE WITH ALL THOSE MSOFT LIBRARY BOOKS (ON MY COUCH)!

WEDNESDAY, DEC 7

8:40-10 Dentist

10- Write memo to Russ + Steve Sn on enthusiasm

Start to write progress report

Start to think about sheltering income via stocks.

I noticed that one problem with Park Avenue is that they neglected to show interest being paid on loans for houses. That can exceed the growth in value of the home.

But even so, it is important to note that the interest is tax deductible at ordinary income rates, but the gain at closing is taxed only at Long Term gain rates!

So that is a shelter.

And its even better for home you own since the gain in appreciation is not taxible at all.

So, as soon as I make "regional commitment," buy a house!

But this goes for stocks + funds too so in '82-'83 why didn't I use margin?

1) I owned tax-free bonds which lose that status for every $1 of margin

2) Leverage is limited to 50% for stocks so if I owned $30K of stocks, then I could pay $3000 in interest/yr. If stock went up 3000, I'd save only (.8-.5)3000=$900.