Category: Investing for Retirement

With Christmas behind us and New Year’s approaching I decided to get out of the small position I had in Westrock (WRK). Westrock makes cardboard boxes for companies like Amazon. The stock was at a 52 week high, and I had already received its dividend payout for the quarter. I

December is when I start checking on the gains and losses of my investments for the past year. This gives me an idea of how much income will be added to my Federal and State tax returns for the year. This year is unique as my old job ended in

The Federal Open Market Committee has lowered its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%. This is the 3rd time they have cut the rate in 2019. For anyone that has funds in a money market account, this is bad news. The first

I see a lot of seniors working in the retail industry in customer service roles. Large operations like Lowes, Home Depot, and Walmart are hiring seniors. Many of them are working part time to help pay for their health insurance, and others do it for the social interaction that is

How many income streams do you have? I’ve always believed in creating as many sources of income as possible. My income currently comes from unemployment compensation, interest, dividends, ebay sales, and ad revenue from several blogs and websites that I maintain. I don’t get much from the ads. I’m currently

As I move closer to retirement, here are my biggest financial fears in no particular order: My investments will not generate enough income to pay the bills. Lower interest rates means I have to put money into riskier investments. Stocks and bonds can lose value quickly when the economy goes