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 »
This morning I had a nice slice of humble pie for breakfast. I know, pie for breakfast??? But really, why not? Put that on the list. Anyway. I think I’m a pretty good investor. I do my homework before I buy and I’m patient. Lot’s of Red So this morning, I was tiptoeing through my
I’m Really Not As Smart As I Thought Read More »
I’ve written quite a few posts about hearing aids. I’ve test driven a few pairs and I’ve compared both the quality of the hearing improvement and the hearing aid support that I received. Overall, I think I’ve represented the OTC experience as positive, but I’m not sure I’ve come out and stated Yes, You Should
Should I Buy OTC Hearing Aids Read More »
I’m pretty excited about Roth conversions. I’ll tell you why in a sec, first some background… Our retirement accounts, our IRA and 401k, 403b and SEP are tax advantaged accounts. The government provides tax incentives to encourage savings. A traditional retirement account is a tax deferred account. This means that we pay no tax when
Quick Roth Conversion Tip Read More »
I remember a day in grade school where one of my classmates was standing in the corner of the playground crying while a group of kids surrounded him and were calling him fatty. Most of us know better now. We do this behind people’s backs. Anyway, the kid, whose name I won’t mention here in
What Did You Say??? Read More »