Chaos, plummet, turmoil, crash, Black Monday. These are just a few interesting words I picked out of todays financial headlines. “Wow!”, I can hear you exclaim, “It must have been a really rough day!” My response; “It sure was. That 3.5 percent drop was gut-wrenching!” (insert sarcastic tone here) Continue reading
Why I’m Not Investing In Today’s Stock Market
It was the end of 2010 when I first started investing. The world was still coming to grips with the fact that the shit had indeed hit the fan! At that time there was a lot of panic spreading and it was hard for some to ignore the noise. People weren’t talking about Dow 18,000 they were scared of the Dow 5,000! Continue reading
Really? Was That It?!
LOOK! Did you see it?! If you didn’t no one could blame you because it was really quick and not glaringly obvious. That my friends may have been the correction many investors have been looking for. I don’t know what you guys think, but my own take is that it was a pathetic excuse for a “correction”. Continue reading
After making the comment in my last post that I was selling shares to have additional cash on hand for rehab of the property I’m buying, it might seem a little odd that I’m making a purchase a day later. In my defense I did make a comment that I would continue to fund my Roth IRA for this year and would make additional investments in that account. That is what happened today. I transferred some cash over to the Roth and picked up a few shares of Realty Income Corp. (O) Continue reading
Wow! Looks like I’m going to start my first real estate investment soon. My realtor called late in the afternoon and notified me of a closing date for next week. I’m not going to lie, I’m really excited about this! I think this is going to work out well and I’ve done enough homework to make me feel comfortable with the project I’ve decided to undertake. Continue reading