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 readingXbox Controller Repair Update
It’s been 3 months since I started buying, repairing and reselling Xbox One controllers. So far, I have fixed and resold 7 controllers. People seem to be looking for model 1708 and special edition controllers because they sell quickly. The newer model 1914 controllers are not selling as well, most
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
Continue readingRetirement Savings by Age
There are a lot of YouTube videos that discuss how much you should have in retirement savings by age. Americans have a need to compare themselves to others in their age group to gauge how they are doing financially. One thing I have learned is that everyone’s situation is different.
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