For the eighth month of 2024 the DOW added1,215 points, or about 3%, which is a gain of 10.2% year to date. Interest and dividend income was $1977 for the month. Withdrawals for living expenses came to $1088. Overall, my account balance increased by 1.60% from the prior month. Despite
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July 2024 Investing Update
For the seventh month of 2024 the DOW added 1,724 points, or 4.4%, which was the best month of the year. Interest and dividend income was $2541 for the month. Withdrawals for living expenses came to $1010. Overall, my account balance increased by 1.48% from the prior month. The increase
Continue readingAI Hype is Just a Fad
In past years we’ve had dot com companies, mortgage-backed securities, electric vehicles, and SPAC startups, just to name a few. At this early stage, Artificial Intelligence is only adding financial gains to a few companies. Mainly, the companies like NVDA and SMCI who provide the technology to make it all
Continue readingJune 2024 Investing Update
For the sixth month of 2024, the DOW added 547 points, which was a 1.42% gain. Interest and dividend income was $2416 for the month. Withdrawals for living expenses came to $1135. Overall, my account balance increased by 0.97% from the prior month. The total balance is only $1946 away
Continue readingMay 2024 Investing Update
For the fifth month of 2024, the DOW added 783 points, which was a 2.07% gain. Interest and dividend income was $2228 for the month. Withdrawals for living expenses came to $1189. Overall, my account balance increased by 2.06% from the prior month. In the past month I purchased 100
Continue readingA Lifetime of Work
If you are just starting your working career you are probably not thinking about retirement. But once you retire it is interesting to look back on the statistics from a lifetime of work. I started earning money back in 1978 working part-time as a dishwasher and then as a night
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