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
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Financial Fears
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
Continue readingGenerating Income
It’s easy to generate income when the stock market is going up. But, that is usually when I’m selling. In the past, I would always try to limit how much money I was getting from selling stocks. I didn’t want to have a big tax bill at the end of
Continue readingStocks, Bonds, and CEFs
Problem: I need to generate enough monthly income to pay for my health insurance. I’ve been reading a lot about the pros and cons of stocks and bonds that pay dividends. Normally a bond fund would be a good place to generate monthly income. But with the recent stock market
Continue readingPaying for Healthcare 2019
When I got laid off in June, I was offered COBRA as a healthcare option. The cost would have been $716 per month. One of the problems with COBRA is that it you can only be on it for 18 months. It is considered a temporary bridge until you find
Continue readingTariff Delay on Electronics
This week Trump decided to give us an early Christmas present by delaying tariffs on consumer electronics made in China for 90 days. It’s hard not to get concerned about these day to day politically motivated policy changes that have immediate impact on our retirement savings. I personally lost over
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