• investing

    The Unlucky Long Term Investor Still Makes Money

    It’s sometimes hard to be a long term investor. The stock market moves up slowly but can drop quickly. The pain of loss has more impact than the elation of gain. Right now, we’re in a spot where a long term investor has had a great run. Those who entered the market after the crash of 2008 have seen great returns without any huge pauses. That’s why days when the market drops a few % feel so foreign and scary. However, the long term investor must be aware that things can and likely will get worse. It might not happen this week or this year but eventually, this bull run…

  • 2020 401k contribution limit

    The 2020 401k Contribution Limit is Going Up as is the HSA Limit

    There’s some good news on the 2020 401k contribution limit front! Our favorite tax-advantaged account is getting a boost in 2020. Every year the IRS announces their inflation adjusted figures for a variety of retirement accounts. For 2019, employees are allowed to put in $19,000 into their 401k, 403b and most 457 plans. That’s a well appreciated $500 boost from 2018. Luckily, this year is no different. According to a press release on the IRS website, we’re getting another boost in 2020. The amount you can contribute to your 401k(or like account) goes up from $19,000 to $19,500 in 2020. This boost in the 2020 401k contribution limit is a…

  • M1

    My Thoughts on M1 Finance

    [This article about M1 Finance may contain affiliate links at no cost to you] I recently opened an M1 Finance account. I mentioned it in one of my portfolio updates but I think it’s time to talk about it in more detail because I’m enjoying what the platform offers. There’s a lot of new automated investing platforms like M1. These seem to be the rage these days as people search for an easy, cost effective way to invest. I’ve been on the verge of trying one of these but always stepped because because of one reason or another. As an investor, I had a list of things I wanted my…

  • My Dividend Employee Steve

    Hey guys, meet Steve, my dividend employee.  Steve’s a cool guy and a real go getter. I first met Steve when I bought my first stock in college. The stock itself is irrelevant but it was the start of something special. I didn’t know it at the time but when I made that first purchase, I apparently hired Steve. I didn’t plan on it but it just happened. Three months later, he showed up at my house to say hello. “Hey friend,” he said, “here’s 73 cents.” “Oh,” I said, “that’s cool, but why are you giving this to me; and what am I going to do with 73 cents?”…

  • Dog talking through a phone, thoughts on the apple services event

    The Apple Services Event – TV+, A Credit Card and More!

    Apple services are the next big thing. At least, that’s what Apple wants shareholders to think. Their earnings calls go out of their way to talk about it in detail and Tim Cook has made it a primary focus of his future results. It does seem like a good business. There’s high growth and high margin and it has helped Apple results in recent years. The phone still sells a lot but Apple wanted to prove that they’re no longer a one trick pony. Services was their answer to the old “too reliant on iPhone” chestnut. As an Apple investor, I think they’ve done a decent job with that. Apple…