May is bringing a continuation of the selloff in tech and growth stocks. Any company that uses micro chips has been especially hard hit. I worked in the electronics industry and it seems like there was always a shortage of chips. It doesn’t help if your company has a poor
Continue readingMEME Stocks
Buying stocks from companies that are hyped by online investment gurus will often leave you with losses. By the time you hear about the stock, it is usually too late. High volatility is common and if you get in after the peak, you will end up with a stock that
Continue readingOnline Grocery Routine
In a previous post, I gave details of my first online grocery shopping experience. It has been 5 months now and I thought I would post an update. I haven’t gone into a grocery store to buy food since that first time. Our online grocery shopping routine usually starts on
Continue readingMarch Tech Selloff
The stock market has not been nice to tech stocks in the last few weeks. I’ve seen this before and it usually ends badly for all stocks. There are some areas of strength, like basic materials, but those stocks can also come down if the selling continues. I bought a
Continue reading2020 Income
In the fall of 2019 I had to estimate my income for 2020 to qualify for health insurance assistance. The estimate I came up with was $19440. That’s about 70% less than my income from the previous year. Unemployment was $8000, dividends and interest gave me another $8000. Ebay sales
Continue readingThe Gamestop Saga
Gamestop has been in the news a lot this past month. A short squeeze drove the stock price up from $17 to over $347 per share in one week. It has settled back to the low 90’s today. Hedge funds have been playing the short game for years. There is
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