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 readingGo with the Flow(bee)
When I was young I used to go to those discount hair saloons that cut men’s hair. I hated making appointments every 5 or 6 weeks and having some girl I didn’t know shampoo and cut my hair. They would always cut it too short and everyone would notice that
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 readingEbay Sales Update
The month started out good for Ebay sales. I sold 4 items for a total of $95.50. After deducting selling costs and shipping fees, my net was $67.14. That gave me the incentive to list more items. I currently have 15 items listed for sale. Interest has been good on
Continue readingK-Cup Coffee Tips
This Keurig coffee machine is similar to the one I have. K-Cups can be expensive, so I’ve come up with a few tricks to get more use out of them. To save money, I often use the smallest cup setting and use the same K-Cup twice. All you have to
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