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…

Thanks Colin Kaepernick

America has a complicated relationship with slavery, and by America I mean a lot of White people who get upset and angry when Black people bring the subject up and demonstrate how America’s founding sin still has relevance over current events. Colin Kaepernick’s national anthem protest is the perfect example of this. This post is…

Absence of Market Volatility

Yesterday The Market (S&P 500) was down 2.45% bringing in some much needed volatility. Prior to Friday, there had been 51 days without one drop of 1% or more. Prior to that drop it had been 54 days without a 1% drop in the S&P. These are very unusual times to say the least. For…

Is a New Beginning the Beginning of the End?

Unfortunately my business failed, but I feel no shame in that since most small businesses do fail. It was a terrific learning experience, I’ve learned things that I’m sure I’ll carry with me for the rest of my life. I’m profoundly blessed to have also been able to find a new job in a relatively…

The Top 5 Excuses Black People Make for Rioting

First it was Ferguson, then Baltimore and now it’s Milwaukee. For whichever unfortunate city to land next in this sad group there is a standard list of excuses far too many Black people use to justify the looting and destruction. Below are the top 5: EXCUSE 1: Black People Don’t Own Any of the Businesses…

Quick Take: Black Wealth Vs. Forbes 100

The top 100 members of the Forbes 400 list of wealthiest Americans own just about as much wealth as the entire US Black population of 42 million citizens. For the US Latino population of 55 million people it takes a bit more: the top 186 members of the Forbes 400 list. Source: Corporation for Economic Development

Better Options Then A High Yield Bond Fund

A few weeks ago I wrote a post on whether I should continue to use a high yield bond fund (TIYRX) for my primary savings. I concluded after reviewing a few alternatives that the answer was yes. I still agree that TIYRX is far better option than a simple bank savings account or the other…

Quick Take: Credit Card Debt by Race

This is the rare occasion where Black people aren’t in last place, or next to last place. As of May 2016, African Americans have the lowest average credit card debt. Although Black people have the lowest amount, something tells me if you looked at credit card interest rates by race it would be an entirely…

A Goal to be Debt Free in 2016

Today was the first day of my new job, its a fresh start after my entrepreneurship failure. My first goal with a steady paycheck is to pay off the debt I accumulated from my failed business. I currently have just over $10K in credit card debt. Fortunately, besides debt from a rental home mortgage and…

Still Chasing High Dividend Stocks?

Last Thursday Vanguard closed its Dividend Growth Fund (VDIGX) to new investors after its assets doubled over the past 3 years climbing to $30 billion. This fund is an actively managed and its managers were coming across the fortunate problem of having too much money to manage. Having the fund grow too large would make…