Before we dive in, let’s talk about what an ETF is and why we might want one in the first place. An ETF, like a mutual fund, is a basket of securities. S&P 500 ETFs like the State Street SPDR S&P 500 ETF (SPY) is a popular ETF choice. We’ll talk about why later, but […]
Best ETFs for Beginners Read More »
It’s Thanksgiving week. Christmas and New Years are right around the corner. In a little over a month it will be 2026. Can you believe it? Where did 2025 go? In between all the shopping and celebrating, now is a good time to think about our finances. Yay! It’s Really Not That Hard Most people
This morning’s headline confirmed what many knew for months now. Back in March of 2025, I wrote about the growing national debt, poor spending control and my optimism that DOGE might address some of these problems. You can read it here in Politics and the growing National debt. DOGE The Department of Government Efficiency. It’s
I read recently that many younger folks view sports betting and crypto currency as ways to build wealth. They are disillusioned with the stock market. And this morning I check in on the wallstreetbets reddit site and see. or even better Imagine being up nearly a half million dollars in a short amount of time.
Building Wealth Is Boring Read More »
This is exactly what I asked myself this morning. While perusing my IRA account, I came across a lot of red next to my Caterpillar covered call. Take a look. Red is usually bad. There’s a lot here, so let’s break it down. At some point in the past (we’ll get to that in a
Didn’t You Say Covered Call Options Were Less Risky??? Read More »
I don’t like Bitcoin and I’ve often recommended that readers stay away and go with a nice low-cost S&P 500 fund instead. And if you really feel the need to own some, keep the position to a very small percentage of your investable assets. But I also realize that I’m wrong sometimes and Bitcoin is
I Own Some Bitcoin, But That Doesn’t Mean I Have To Like It Read More »
So what exactly is a stock split? It’s pretty simple. A company reduces the price of its stock, while simultaneously increasing the number of shares that each shareholder holds. Pizza Lots of experts like to use the pizza example. The pizza represents the company. Pre-stock-split, I have a pizza cut into 4 large slices. Each
Stock Splits – Mostly Meaningless Read More »
That’s scary. What? First of all, what’s a commodity. Think about gold, silver or soybeans. They’re commodities. If I’m buying a thousand pounds of soybeans, I don’t really care if I’m getting them from Fred, Barney, Betty or Jethro, they’re all about the same. Same for gold and silver, if I’m buying the metal by
Humans Have Become a Commodity Read More »
I’ve talked quite a bit about how much I’ve saved by shopping regularly for lower priced insurance. To me, insurance seems to be a commodity. That means they’re all mostly the same, we’re shopping for the best price. I know folks who rave about companies like Amica. While I’ve never been insured with them, I’ve
Watch Out For This Insurance Quote Practice Read More »
Back in March, I wrote a post where I decided to back up my love for the S&P 500 with real money. You can read the post here. I did this for 3 reasons: That said, investing in equities is scary. Everyone has their own story but mine is pretty simple. My Story I have
Lessons From “Put Your Money Where Your Mouth Is” Read More »