Financial Tales from the Factory Floor #2

This tale is about debt. Debt can be a very useful too when used correctly. Unfortunately, many do not use debt as tool but as a way to fund their lifestyle. Through out the years, I have seen many factory workers, including myself, misuse debt. In this post, I will discuss some of the waysContinue reading “Financial Tales from the Factory Floor #2”

Dividends, Investing and Options Trading for Week Ending 05/20/22

The stock market continues to decline. The S&P 500 briefly fell to over 20% down for the year during intraday trading but rallied to finish just out of bear market territory. For the year, the S&P 500 is down over 18% while the NASDAQ is down over 28%. As a result, my accounts are downContinue reading “Dividends, Investing and Options Trading for Week Ending 05/20/22”

Dividends, Investing and Options Trading for Week Ending 05/13/22

The stock markets rallied on Friday but still finished down for the week. This continues the downward trend in the markets for the year. As a result, my accounts were down this week as well. Let’s check out the details of my week. Dividends This week I received the following dividends in the Traditional IRA:Continue reading “Dividends, Investing and Options Trading for Week Ending 05/13/22”

Dividends, Investing and Options Trading for Week Ending 5/6/22

Despite taking the week off work, I had a very busy week this week. This update is late due in part to spending a couple days in Northern Michigan on vacation. This vacation was much needed I enjoyed the time to relax and unwind. I also made some changes in my accounts this week. IContinue reading “Dividends, Investing and Options Trading for Week Ending 5/6/22”

Financial Update: Savings, Dividends, Options and Investing for April 2022

April was a really tough month. Both the S&P 500 and NASDAQ were down for the month of April. Records were not broken this month like last month. Well, maybe I broke record in how far my account balances dropped…. Expenses were up, account values down and income was down for the month when comparedContinue reading “Financial Update: Savings, Dividends, Options and Investing for April 2022”

Dividends, Investing and Options Trading for Week Ending 4/29/22

This week was another down week in the stock market. Both the S&P 500 and NASDAQ rallied up a little bit on Thursday but then fell back down on Friday. Because of the drop on Friday, both the S&P 500 and the NASDAQ were down for the week. As a result, the S&P 500 isContinue reading “Dividends, Investing and Options Trading for Week Ending 4/29/22”

Dividends, Investing and Options Trading for Week Ending 4/22/22

This was looking like a promising week in the stock market. Both the S&P 500 and NASDAQ were going up in the beginning of the week but then tanked at the end of the week. As a result, the S&P 500 finished the week down 2.75% while the NASDAQ was down 3.83%. Because the marketsContinue reading “Dividends, Investing and Options Trading for Week Ending 4/22/22”

My Thoughts on AT&T and Warner Bros. Discovery

Almost a year ago, AT&T (T) announced it would be spinning off its Warner Media division. As part of the spinoff, Warner Media merged with Discovery to form a new company, Warner Bros. Discovery (WBD). As a result, T shareholders received 0.24 shares in WBD for each share of T held. When the spinoff wasContinue reading “My Thoughts on AT&T and Warner Bros. Discovery”

Dividends, Investing and Options Trading for Week Ending 4/15/22

This week was another down week for the stock market. This seems to be a trend. The S&P 500 was down -2.39% for the week while the NASDAQ was down -3.93% for the week. All of my accounts were down this week as well. I really wish I had more money to invest right nowContinue reading “Dividends, Investing and Options Trading for Week Ending 4/15/22”

Financial Tales from the Factory Floor #1

If you have followed my blog, you would know that I work in a factory and have done so for more than 25 years. It has been a little over two years since I decided to take charge of my financial life. The results so far have been better than expected. It is amazing whatContinue reading “Financial Tales from the Factory Floor #1”