I’ve talked about inflation in a number of posts, but we’ve never really gone into what inflation is, what causes it and why it’s so difficult to correct, and most importantly, what can we do about it. I’ve done a bit of reading this morning to try and get a better understanding myself so I […]
What’s Up With Inflation? Read More »
In many of my posts, I’ve discussed low-cost S&P 500 mutual funds and ETFs. Today we’ll take a look at what we’re actually getting when we buy shares. Saddle-up. What is the S&P 500? The S&P 500 is a stock index. There are many indices available. The S&P 500 is a very popular one. Investment
I’m Buying An S&P 500 ETF. What Am I Getting? Read More »
I read a fabulous article this morning titled This is how much money you’d have made if you bought Apple shares instead of a new iPhone every time it was released. Here. The article says: “If you had bought Apple shares worth of every new iPhone model on Apple event day from 2007 , you
Opportunity Cost & The iPhone Read More »
I was watching the Netflix movie Dumb Money this morning and it got me thinking. While the meme stock rally of 2021 was fascinating to watch, did it really create wealth? Game Stop (GME) was the poster child of the rally, how did it make out? GME went from a buck a share to over
See how happy these ladies are. It’s because they’ve invested in low-cost S&P 500 mutual funds. Many folks are fearful of investing. The market is rigged. Only the big guys make money. Look what happened to my family in 2008. The first 2 reasons may be true. The 3rd is likely true and likely impacting
You Need to Invest Read More »
A while back I wrote a post on covered call options so I wanted to provide an update with a real example to demonstrate some of the concepts we discussed. Today is May 20, 2024. Friday, May 17 was the big monthly option day as well as my 61st birthday. Many companies have option contracts
Covered Call Option Thoughts Read More »
Who doesn’t love a long-winded discussion on taxes??? OK, I promise it is not that and I promise it is not everything you need to know, because that would fill a book or 2, but we’ll talk about some of the key concepts that we all should understand in order to maximize our total returns.
Everything You Need to Know About Taxes and Investing Read More »
Today as I walked Rosco, I started thinking about inflation and the best ways to keep our money safe while keeping up with inflation. As much as it stinks to go to the grocery store and either pay more, or come home with fewer bags (and forget about bacon – ouch!), what really hurts is
How to Buy Treasury Bonds Read More »
How much do you spend each year? Most people don’t know this number, and I would argue that it’s a more important number than your salary, your expected social security benefit, and maybe even your 401k balance. That’s crazy talk – right? Let’s look at why. How much do I spend? I won’t give you
How Much Do You Spend? Read More »
Car warranty scams have become a popular way of bilking car owners. I’ve gotten a couple of these, and they really make me angry. Let’s talk about what they are and why they are dangerous. My Car Aside from my home, my car is my most expensive purchase. Many of us take out loans and
Car Warranty Scam – Watch Out! Read More »