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 readingCategory: Investing for Retirement
A 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.
Continue readingApril 2024 Investing Update
For the fourth month of 2024, the DOW lost 1990 points. That was a 5% loss for the month. Interest and dividend income was $2828 for the month. Withdrawals for living expenses came to $1559. Overall, my account balance decreased by 2.02% from the prior month. In the past month
Continue readingTilray Stock Down 30% in 5 Days
To hear the media still calling Tilray a meme stock is completely wrong. Meme stocks arose in 2020 and are stocks that are over-hyped by retail investors. The hype usually doesn’t correlate with a company’s financial performance. Tilray may have qualified as a meme stock briefly back in early 2021,
Continue readingMarch 2024 Investing Update
For the third month of 2024, the DOW gained 490 points. That was a 1.25% gain for the month. Interest and dividend income was $2395 for the month. Withdrawals for living expenses came to $1150. Expense spending was back to normal for the month. Overall, my account balance increased by
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