After writing this post where I was told by my new employer that there may be a 30, 60, or 90 day wait for my new 401k plan, I already got everything setup. I received an email yesterday that I could go ahead and set it up. I logged on and tried to set everything…
Category: Money Management
Early Signs of Credit & Banking Crisis?
One of the observations I’ve made over the years is how banks change my credit limits on my credit cards from time to time. What I’ve discovered is when banks are feeling stressed they start cutting credit lines or start asking how much people are earning to adjust those credit lines. I’ve written posts about…
3 ETF Portfolio For 3 Buckets of Money
I continue to play around with AI and I frequently ask the same question over time to see if AI models evolve. My latest question was to create a 3 ETF income and growth ETF portfolio for 3 types of accounts: taxable, Roth IRA, and traditional IRA. I also asked it to optimize the tax…
Financial Moves Prior To Year End
Today is November 1 and I’m working on my plan for 2026 which includes making some moves right now. On the heels of getting a new job offer, I am already planning on dumping most of my pay from November to end of year into a 401k. Because I got laid off end of May,…
$5000 Left In Unemployment Benefits
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…
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…