As I get closer to retirement, the prospect of generating income from my investment portfolio is at the forefront of my mind. I’ve been researching a variety of ETFs to generate income and today I’m going to discuss JEPI and SPYI. I currently own JEPI in an IRA portfolio and I have weekly purchases setup…
Category: Educational
Gaming, Strategy & Profits
Do you play video games? I recently started playing video games again. A few years ago I got a PS5 as a gift and I played with it for a while but then hadn’t touched it in years. Recently, I started playing with the PS5 to get my mind off of other things but I…
Over Tourism Is A Serious Problem
My family and I just got back from visiting our son in Europe. I spent most of December there because I wanted to go on a road trip with my son. We visited The Netherlands, Belgium, Germany, Luxembourg, and when the rest of the family came, we went to Paris, France. Nearly all the places…
U.S. Filial Responsibility Laws
As millions of people across America gather for the holidays this season, I have been exploring all aspects of retirement and came across some interesting information regarding filial laws. Filial Laws What are Familial Laws? Filial responsibility laws (filial support laws, filial piety laws) are laws in the United States that impose a duty, usually upon adult children, for…
Retirement Software Review: Boldin
I have been using Boldin software now for a couple of months and felt it was a good time to write a review about it. You can visit their website at www.boldin.com. Cost I’ll get to the cost part first because it’s one of the easiest things to discuss and what most people are generally…
Managing Equity Risk In A Stock Portfolio
Another heated topic on social media is how to manage risk in a stock portfolio. It seems far too many people have a binary mindset when it comes to investing. They are either fully invested in stocks or they are fully out sitting on cash. There are alternatives to those binary modes. Below is a…
Financial Instruments & Your Investment Portfolio
I was reading various discussions around investments portfolios and the big missing piece in all of those discussion was a complete understanding of financial instruments available to help diversify and risk mitigate an investment portfolio. I decided to use AI to test my knowledge and I did pretty well but it gave me the idea…
Financial Planning Software Overview
After several disappointing discussions with “financial advisors” I decided to take matter into my own hands and start researching the software these firms use and look for my own Do-It-Yourself apps. Here is a list of what I’ve come up with so far after visiting dozens of websites and watching dozens of YouTube videos. Professional…
AI: Spend Less Than You Earn or Earn More Than You Spend?
I don’t know why I hadn’t asked AI the age old question in personal finance around spending less than you earn or earning more than you spend. Here is the answer that AI spat out. Both spending less than you earn and earning more than you spend are essential strategies for building financial security, but…
How To Find Your Financial Escape Velocity
“Doing the same thing over and over again and expecting different results is the definition of insanity.” That’s a quote that I’ve had to use several times over the last month with a few different people on a few different topics so now I’m writing a post about it. But first let’s talk about Escape…