Category: Investing for Retirement

Yesterday the Fed dropped interest rates to zero. I knew this was coming, but I didn’t think it would happens so soon after a rate cut only a few weeks ago. You would think that this would make stocks go up. But, in the short term, the opposite is happening.

In the last week of Feb. 2020 the Dow dropped 4000 points. That’s about a 14% drop from the high earlier in the month. The Cronavirus put an end to any hope of making money in the stock market this year. While many experts claim that we were due for

Financially the month started out great. But news of the corona virus put the markets in a downward trend. The few trades I made this month were the result of the virus reports. I sold Intel (INTC) just before their earnings report. I should have waited until after earnings because

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