Today (10/18/21), the price of crude oil went over $86 a barrel, the highest level since October 2018. Natural gas and coal are also at record levels going into the fall/winter heating season. If you were lucky enough to anticipate this and bought shares of oil companies back in August,
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September 2021 Update
For the month of September, the DOW lost 1516 points (over 4%). My investments lost 2.29% during the month. Interest and dividend income was $912 for the month. In the past 30 days, I sold 100 shares of Penske Automotive @ $90 and another 100 shares @ $98 for a
Continue readingPimco Income Strategy Fund II
PFN tanks after 10.25 percent dividend cut. When I started investing in closed end funds (CEFs) there was always a warning on the investment summary page that said: Closed end funds are subject to the risk of their underlying assets and investment strategy. Unlike open end funds, closed end funds
Continue readingAugust 2021 Update
For the month of August, the DOW was up 388 points. Only a slight gain as investors try to determine how the latest COVID wave will impact economic activity. My investments gained $11,091 for the month. Dividends and interest amounted to $611, with $440 withdrawn to pay bills. Investments sold:
Continue readingWorkplace Age Discrimination
Shortly after I was “released” from my job in electronics manufacturing , AARP came out with an article titled “Workplace Age Discrimination Still Flourishes in America”. At the time of my employment release, I was 57 years old. During my employment, I never experienced any age discrimination. It was only
Continue reading-$10,000 Six Times
I was looking at a year-to-date chart of my investments today. I counted six times where the value of my account dropped by over $10,000. This has occurred over a 3 or 4 day period every 5 or 6 weeks. But, each time the investments have bounced back to a
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