Yesterday’s light read was Gen Z is deep in ‘financial nihilism’: Why young people are betting big on stocks and crypto. Here’s a quick rundown: I can’t help contrasting this with Sylvia Bloom. I’ve written about her and I always spend some time talking about her when I teach personal finance classes. You can read […]
Is Investing Dead? Read More »
Regular readers know that I have a bit of a pet peeve about the word invest. It drives me nuts when a salesman says “wouldn’t you like to protect your investment?” And then comes the hard sell for an extended warranty. I have nothing against extended warranties on something we could not afford to repair
Invest In Your Health Read More »
I had lunch with a friend today and we discussed my posts on covered call options. I realized that while I’ve talked about what they are and why we might use them, I haven’t written about how to actually start using them to earn income. Before we get into it, let’s start with some background.
Step By Step Guide To Covered Call Options Read More »
I was reading my post on Car Buying yesterday. I was quite impressed with my advice, but I realized I was missing something. The post has lots of tips for when we go to a dealer to buy or when preparing for the dealer visit, but I didn’t talk at all about choosing a vehicle.
Choosing A New Vehicle Read More »
I’ve found that short term investing is a losing game. In fact, I wouldn’t call it investing. It’s more like gambling. Back in 2020, everyone was excited about Gamestop. We heard about regular people like us making unheard of fortunes overnight. Everyone was getting rich. Then came the stories of the folks that lost their
The Ups And Downs of Investing Read More »
It always starts with a good idea. Or at least good intentions. Then it get’s ahead of itself. Today I read: I bet this program was announced via memo. I can’t imagine how a Rhode Island education leader could get up in front of a group of teachers and announce this. “We’re going to help
Don’t Let It Go Too Far Read More »
I know, odd topic for a personal finance blog, but a couple things in the news got me thinking about free speech. What does free speech really mean? Seems even the federal courts aren’t completely sure. It’s Definitely Not… Read the whole story here. I think many of us would agree that vandalizing someone else’s
I love when I go to the doctor and I’m asked if I feel safe at home. It’s sad that this needs to be asked, but I still get a chuckle. Recently, I told the doctor that I got a bruise when my grandson beat me up. She got really serious until I explained that
Reinvesting dividends in the mutual funds or in the companies that we love can be a great way to super-charge our earnings. While I realize this, I was surprised to see an example today. You’ll have to wait for it though. Dividends Many companies pay a dividend. High growth companies typically do not as they
Please Reinvest Your Dividends Read More »
I worked in the investment field for over 30 years but never spent much time with bonds. So to me, bonds are a bit of a mystery. I’m looking to buy a nice simple corporate bond. Check this out. I understand the maturity date, ratings, coupon and lots of other stuff, but I’ve got no
Bonds Are Complicated But They Need Love Too Read More »