I’ve now collected about $10k of unemployment benefits. It’s been great to receive “free” money although it’s not really free, on any given year, I’ve paid at least $100k in federal income taxes over the past couple of decades so it’s good to get some of that money back. Ironically, I’ll need to pay taxes…
Category: Money Management
Net Credit Collars On NVIDIA
I continue to be extremely concerned about the over valuation of stocks but that doesn’t mean there isn’t a way to make risk free money. So far, I have net credit collars on GLD, IWM, IBIT, and recently added more NVDA. Mechanics of Trade Here’s a walk through of the trade. The net credit here…
Now My Bank CDs Are Being Called
While the cat’s away the banks will play…that’s how I feel right now. I’m having a great time in Europe getting ready to move to Asia but I keep getting notifications of stuff happening back home with my financial accounts. The latest thing was this gem below that my 5.05% CDs are being called. Oh…
Gold Collar Trade – How I Am Making Risk Free Money!
Back in April 2024 I wrote a post entitled, “The Gold Bugs, Like Cicadas, Are Out of Hibernation” and the tone of the article was skepticism of where the price of gold was going. In that post I wrote that I have some physical gold and I also own a few gold mining ETFs. I…
September Tax Free Cash: $767.42 & Fear
September and March are my favorite months because those are the months most of my municipal bonds pay me tax free interest. For the month of September, I racked in $623.84 in tax free income. I also have a leveraged municipal bond ETF that paid me $81.56 tax free interest and a non-leveraged one that…
Apple TV+ Streaming 30 Percent Inflation
As part of rationalizing all my streaming services, I canceled Apple TV+ a while back and seeing the announcement today that Apple is jacking up rates 30% from $9.99/month to $12.99/month I am glad I did. I actually canceled most of the streaming services but ironically, I ended up getting some of them back as…
Update On Municipal Bond Portfolio: $60K
Last year I had accumulated $30k in municipal bonds in my taxable brokerage account as part of my tax strategy to earn tax free income and I’m happy to report that now a little over a year later I have $60k in munis earning a blended return of 5 percent. This is the tax free…
Inflation At Costco
I went on a recent trip to Costco and was floored by the cost of stuff. I spent $215 on 13 items and these were normal every day items not electronics or jewelry. I had an inflation category on my old blog where I would periodically track the cost of a cart of groceries but…
Insurance Inflation Is Insane!
I got an email notice from my insurance company that they will now start charging a $5 fee for using credit card to pay my insurance premiums which I do because the whole thing is automated and I don’t want to write checks or pay bills online. They even charge $5 for using a debit…
Got My Severance Payment
I got my severance package payment today. It actually came a bit faster than I was expecting but I’m not going to complain. It came at the perfect time, I’m getting ready to head out for the summer on holiday. This reminds me that I may not be posting frequently given I will be visiting…