Category: Investing for Retirement

If you have a bank account, you have most likely received an advertisement about opening a money market account to get higher interest on your savings. The problem is that the rates are not as good as what you can get from a money market fund. Bank money market accounts

For the month of April, the DOW gained 1442 points. This puts the DOW up 1.59% for the year, and up by 1.62% in the past 12 months. Interest and dividend income was $2023 for the month. Withdrawals for living expenses came to $1965 in the past month. Expenses were

By now everyone has filed their tax returns for 2022. I’ve been using TurboTax for the past 10 years or so and have seen the prices increase every year. This year it cost me $158 to file my forms. The reason it was high is that I have investment and

For the month of March, the DOW gained 619 points. This puts the DOW up 0.42% for the year, and off by -4.72% in the past 12 months. Interest and dividend income was $2198 for the month. Withdrawals for living expenses came to $1044 in the past month. YTD my

The latest news about FDIC takeover of Silicon Valley Bank is only going to get worse. It occurred to me a few months ago, as I was transferring money out of my local bank checking account and into a treasury fund, that if enough people started doing this, banks would

When I turned 59-1/2 one year ago, I started taking small distributions from my IRA. Once you hit that age, you don’t have to worry about the 10% early distribution penalty. The investment firm that holds the account must have noticed because they have been asking me to contact them