Businesses and organizations use marketing tactics to advertise, spread information, get your business, and for any other reasons to promote. This can be in the form of coupons, rebates, ads, special offers, and so on. Be aware of the dangers of good marketing. Not saying that any marketing is bad. It’s all about how you interpret them and what your reactions are to them. If you are trying to watch your spending, impulse buying is probably not a great idea….
Just like when you do spring cleaning I occasionally do the same with my emails. For all my online purchases, I tend to keep my emails just in case I need them in the future for quick lookups. I haven’t cleaned my email mailbox for about 4 years and you can imagine what I found…all the emails of my online purchases, travel reservations, receipts from here and there, and some other junk that I should have cleaned out a long…
Whew! Have you seen the stock market recently? What is going on? My portfolio has experienced a big dip and you might be experiencing the same. There’s so much to take in. Let’s see, there’s inflation, a pandemic, potential Russian invasion, rising interest rates, the Great Resignation, and more. With so many things happening, it’s no wonder we’re having a roller coaster market. Inflation is a huge factor. It costs more to buy the same goods now than it was…
I know smoking is unhealthy so I don’t smoke. I do know that there is a smoking market globally and many people do smoke. So, I invest in Phillip Morris and Altria, companies that have been around for a long time with a history of high dividends. Historically, the companies have been impacted by regulations and lawsuits, and their stock prices have fluctuated. However, their dividend yield is very strong and that is one reason why I have positions with…
Pre-tax accounts are good for retirement planning. It’s easy to enroll and invest in a 401K with your company but what if you don’t work for a company? What if you are your own boss, you’re a freelancer, or self-employed? A Simplified Employee Pension Plan (SEP) allows employers to contribute to traditional IRAs (SEP-IRAs) set up for employees. A business of any size, even self-employed, can establish a SEP. My wife is a freelancer, and she executed her first SEP…
Each year I look forward to the new year and where I should be focusing my attention. In 2021, I said that I would focus on Tesla even after it had a stock split. Tesla did well. I do believe the electric vehicle industry will continue to be strong so I’m not planning to sell any of my positions in Tesla. I do, however, believe 2022 will bring some volatility. With expected multiple interest rate hikes planned this year, inflation,…
After December 31, the calendar year has passed. That means most financial decisions you should have made is too late. You don’t want to be in the situation telling yourself when you’re filing your taxes that you should have done something different with your finances and it’s too late. What are some of the things you can do before the end of the year to help with your tax return? Donate Donating items or money are charitable gifts and you…
The Feds alluded to that potential interest rate hikes will occur in 2022. “Hikes” with an “s” as in plural. This is to help with reducing the rise of inflation. What does higher interest rates mean? It means that the cost of borrowing will get more expensive. If the Feds raise interest rates 3 times next year, what could that mean for you? Get ready in 2022, interest rates are likely going up. Higher rates means it’ll cost more to…
November and December months probably are the two best months for shopping. That’s because of Thanksgiving and Christmas and the events surrounding them. Black Friday, Cyber Monday, Amazon Day, Christmas, and New Years are huge events and holidays that involve shopping and spending. People get to buy presents, travel, and other things. This helps businesses and their earnings. ‘Tis the season to invest. Businesses are hoping for a good shopping season so they can report high earnings. If a company…
We all have tricks up our sleeves when it comes to life hacks. Trying to find the best deals, find the best investment, and doing things more efficiently are just a few things we try to do to make life easier. What are some of the small life tricks that save you money? Here are a few things from my life Save your shopping bags and boxes Do you online shop and love getting packages at your door? You’ll either…