• 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…

  • 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…

  • Healthcare stocks falling are offset by contributions in my March 2019 portfolio update

    Portfolio Review – March 2019 – Healthcare Stocks Fall

    [This March portfolio review about healthcare stocks may contain affiliate links for which I receive a commission at no cost to you. I only recommend products I use and trust.] Healthcare stocks were an ugly sector to be in this month. The reason? A bevy of democratic candidates talking up medicare for all. It’s easy to see why that would be bad for healthcare. After all, there’s a ton of parties making money from our current healthcare system. However, that may change if certain candidates have their way. Uncertainty is rarely good for stocks so we saw a big dip in a lot of big healthcare names this month. That…

  • Woman looking at nine bulbs with investing books beneath her

    9 Financial Bloggers Talk About Their Favorite Investing Books

    [This article on favorite investing books may contain affiliate links for which I receive a commission at no cost to you. I only recommend products I use and trust.] One of the best ways to learn about money is through investing books. Not everyone has time to take a class but a good book can provide you with a lifetime’s worth of lesson in a few hours. Investing books can run the gamut. They can be about stock investing or simply managing your money. In the end, the goal is to grow your wealth and there’s rarely a better starting point. As a member of the blogging community, I’ve met…

  • stock market gains

    Portfolio Review – February 2019 – Stock Market Gains Return

    [This February portfolio review may contain affiliate links for which I receive a commission at no cost to you. I only recommend products I use and trust.] The last month was a perfect example as to why it’s so hard to time the market. You never know when the stock market gains will return and missing them is a huge hit to your returns. It was easy to feel negative about the market after the shellacking it took in December. After all, look at the performance of my own portfolio and the S&P in the first 24 days of December. As always, the graphics below are from Personal Capital. That’s…