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Tag: early retire

Two steps forward one step back

Two steps forward one step back

Just when you thought you were getting some momentum with your finances, something happens in your life that slows you down. Some people call that life. You never know what will happen but as long as you are prepared, you can weather it through. It’s like taking two steps forward and one step back. As long as you’re able to progress forward, taking a step back is just a blip in your journey. One thing is for sure is that…

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Looking back on my past spending

Looking back on my past spending

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…

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Don’t mix personal feelings with your finance decisions

Don’t mix personal feelings with your finance decisions

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…

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My focus in 2022

My focus in 2022

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,…

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Getting an early start to college with zero cost

Getting an early start to college with zero cost

While I’m on my journey to early retirement, the two things I still have to seriously consider is healthcare and my kids college. Do I have enough to support the costs of healthcare for my family and be able to support my children through college? My daughter is about to go into high school and I’ve been exposed to a number of programs that are being offered that I’m very excited about that can help her get an early start…

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Is The Stock Market A Gamble?

Is The Stock Market A Gamble?

Some might say that putting your money in the stock market is like gambling. You put your money in hoping to get a positive return. Just like gambling at a casino…you can come out with more money, less money, or with nothing. Gambling is fun. It’s entertaining. But your odds are like 50/50. Not very appealing. But is the stock market a gamble? I’ve been investing in the stock market for a long time whether it was my 401K or…

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