Time for Reflection

I’m happy to be employed, especially after such a long hiatus from the corporate world; however I can’t say I’m pleased with the job or happy with my current position in my professional life. I’ll be turning 39 next week and I feel now is the best time to contemplate and plan for where I…

Trump: Make America’s Municipal Bonds Great Again

Most expected in a scenario of Donald Trump winning the US presidency it would be doom and gloom for stock market resulting in hoards of investors fleeing to the relative safety of bonds. This is what I would have predicted – not that I put too much thought into it since not in a thousand…

Debt Monster

I mentioned here my goal to be debt free by the end of 2016. In my original August post I knew I was being optimistic, but at the time I didn’t know by how much. Unfortunately since then my debt has only increased, not decreased. It rose from just over $10K to about $13K to now…

Quick Take: Betting Against Cash

Recently I shared I’ve added both Visa (V) and PayPal (PYPL) to my non-retirement investment account. This is a bet that in the future more and more of our financial transactions will be moved through cyberspace and not with physical cash. The chart above supports this theory, demonstrating the volume of credit/debit card payments has…

The Power of Stock Picking

Months ago on a whim (not a recommended investing strategy) I added a small number of Facebook (FB) shares to my wife’s retirement portfolio at about $114/share. This past week I decided to make it a more ‘formal’ position for both our retirement accounts so I added shares to my account as well and doubled…

PayPal Pop

It appears I made a good call in adding PayPal to my portfolio. Due to Thursday’s very positive earnings report shares rocketed $4.06 (10%), that’s a huge gain and an all time high. Some of the highlights included: 19 million new active customer accounts 24% increase in transactions 13% increase in volume of transactions per…

Portfolio Update: PayPal Addition

Today I added PayPal (PYPL) to my non-retirement portfolio at an entry price of $40.08. Below is a snapshot of my portfolio as of 10/19/16 with  this addition: Last time I checked the average Market P/E ratio was 25. I’m comfortable with my portfolio having a significantly higher P/E ratio (43.4), I would like my non-retirement…

Portfolio Update: Sold Duke and Altria Positions

Today I sold off my positions in both Duke Energy (DUK) and Altria (MO). I’ve noticed over the past few weeks a lot of down days for each stock and unfortunately it took me far too long to dump the closing price information into excel and construct some charts. When I did yesterday I noticed both…

Deciding to Sell My Rental Property

People always say the best way to gain wealth is through real estate. Although I gave it my best shot this has not been my personal experience. Unfortunately I got caught up in the 2008 housing implosion and I had to do a short sale on my personal home and a foreclosure on a rental…

Moving on to Individual Stocks

At this point I feel I’ve just about squeezed all the juice I can get out of mutual funds. I’ve spent some time looking at actively managed funds and I haven’t yet found any that can beat my selected index funds over the long term. I may keep looking around but I think I would…