The following is a guest blog post:
Reverse mortgages are becoming more popular because they provide senior citizens with cash that they can use to fund their retirements. These mortgages are based on the equity in the home and do not need to be paid back until the loan holder dies or moves out the house.
Even so, you may wonder what other options you have to use your home as an asset to secure your retirement. You may get the money you need to live comfortably by using any of these alternatives to a reverse mortgage.
The market seems to be calming down lately which is good for investors. That means more opportunities to buy. As the quarter ends and companies release their earnings, some may have missed earnings slightly causing a decrease in their share price. This is the time investors wait for and buy on those dips. I am pleased to announce my first purchase of April. I picked up 11 shares of Cardinal Health (CAH) at $71.67. Below, more info is listed for CAH.
A while back, I posted about why now is the best time to be an investor. One of the points were in reference to the current trading platforms or online brokers. There are tons of brokers out there to trade through. Just to name a few, there is Options House, Ameritrade, Trade Kings, Charles Schwab, Merrill Edge, Fidelity, and E-Trade. So let’s dig a little deeper into the subject. What should you look for when selecting a platform? What makes one superior to the other? Which one is the best? How does ones broker or trading platform fit into their overall market strategy? What other questions should you be asking? In this two part article, I will talk about what questions to ask in order to form a market strategy, and how your online trading platform plays a role into that strategy.
The first quarter is done and in the books. I don’t know about you, but March is the month I have been looking most forward to posting about since the year started. Not only did I shatter my YoY% growth, I hit two milestones! Breaking the record for most dividends in a single month as well as the first month to hit triple digits of dividends. See below for all the details of my March dividends and breakdown of the first quarter:
With the current bull market roaring, it is harder to find value. Many stocks are up near their 52 week highs and not budging much. It has been a few months since my last buy. This period has given investors a little time to build up some capital and wait for opportunities to present themselves. While the market is mostly up, lately it has come down a few notches. That is good news for investors looking to make their next purchase. I am happy to post my second buy of the year. I purchased 30 shares of Hormel Foods (HRL) at $34.00. This is a completely new company I am adding to my portfolio. See more company stats below.
Last month, I added a new spreadsheet section to the blog. One spreadsheet is the Expense Tracker. If you followed my last post about it, it measures your expenses against income giving you dollar figures to see where your money is spent. It deducts taxes also to predict what you will have left over at year end. This week I made a few modifications to this spreadsheet.
I have been investing for a few years now and following the market for longer. During this time I have seen a lot. Both bull and bear markets, full sectors rising and falling, stock splits, dividend increases or decreases, new IPOs, mergers and acquisitions, just to name a few. While this is all normal for the market, the question remains. Why do I believe this is the best time to be an investor?
Two months are already completed for this year. Wow, how time files. February is usually a slow month for the dividend community, myself included. There were only a few exciting things going on. One, KO raised its dividend so I should see those results come April. Two, while I did not make any new buys this month, I did manage to save up and pay off my next semester of school. It doesn’t help out my portfolio, but it does keep me honest to my goals of managing debt and not taking any more on.
All dividends have been accounted for in February and it’s time to review the results. Details are below:
I have had a few people come to me recently who are interested in investing. After doing some of their own research, they became dazed with dividends (See what I did there?). One of the hardest parts of investing it just taking the plunge and getting started. We all have to start somewhere. So I figured I would give people a little help and a good starting point by putting it all into one place. Introducing a new section of this blog: Spreadsheets!