I’m reducing my 401(k) Contribution
The stock market has been great for almost 6 years straight now. Today, the Dow Jones average closed at 18,214.42, the S&P 500 closed at 2110.74, and the Nasdaq closed at 4987.89. At these prices, I’m skeptical that the stocks can continue on their upward trajectory without a correction. Take a look for yourself below […]
Powerball Winners Declared!
I purchased a few tickets for the Powerball lottery that was held on February 11th, 2015. While I agree that the odds of winning are so small that one is probably just throwing money away, I still bought some tickets. When the jackpot goes beyond 200 Million it is difficult to resist buying a few […]
Meager Income – January 2015
Meager Income update for January 2015 My goal is to no longer have to work and to be able to live off of my Meager Income. I plan on purchasing assets (mostly stocks) that will provide me with dividend income that will increase over time. Once my passive income exceeds my expenses, I’ll have met […]
VISA Stock Split
VISA recently announced a stock split. On March 19th, 1 current share of V will become 4 shares. Visa is currently trading at around $260 a share. If it were to maintain this price each new share would be valued at about $65. Although shareholders will still own the same portion of the business before […]
The Secret Millionaire – Ronald Read
I enjoy reading stories about secret millionaires. I find it fascinating when otherwise normal people manage to accumulate great amounts of wealth by working hard and saving. It gives me hope and inspiration! I found out about Ronald Read when CNBC published his story on their web site: Janitor bequeaths millions to library, hospital. When […]