Category: Investing for Retirement

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.

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

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,

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

This year it cost me $154 to file my taxes with TurboTax. The reason it was high is that I have investment income. My net profit from Ebay sales was only $145 in 2023, so I didn’t bother filing it as small business income. My primary source of income during

For the second month of 2024, the DOW gained 846 points. That was another 2% gain for the month. Interest and dividend income was $1860 for the month. Withdrawals for living expenses came to $2500. Expense spending increased because of a $1600 refrigerator that was purchased in February. Overall, my