Blog about my saving and investing the good bad and ugly
So this is day 1 I am going to be documenting my investing journey. I am a 47 year with a house, mortgage wife and pets. I live in California. A few months ago I decided to take what savings I had and start making them work for me I will document the good and…
I have decided to just look at betterment performance. Each week I will publish the daily changes of 4 Betterment portfolios. Betterment Core Portfolio Innovative Technology Portfolio Blackrock Target Income Emergency Fund Social responsible The Betterment Core is 71% stock and 29% bonds, Innovative Technology portfolios is configured as 86% shares / 14% bonds, the…
Why i switched to M1 Finance. I recently started an M1 Finance account as my main brokerage account compared with Betterment and Vangaurd. I am keeping my betterment account but moving my Vanguard account across to M1. The reason I did this was fees, and also I like the concept of pies and fractional shares….
I have often wondered if a proper crypto IRA existed with sensible fees. I know I can Invest in BTC and ETH through some Index funds but that’s at a premium and I don’t own any of the underlying assets. I can do this via bitwise or grayscale index funds. However I have finally found a…
The basics So before we talk about options on how to get out of debt let’s give some examples of how much debt costs you and how difficult it is to get out of debt. You owe 5k on a credit card that charges 19% APR. This means your debt is goin to grow $950…
So we already covered the Benefits of having a Roth IRA in this article. But a Roth IRA is only available up to a certain income. What happens if you are above this? Well you are in luck there is a back door way you can still have a Roth IRA and the benefits that…
Below I will explain why it’s better to use a Roth IRA for investing and not brokerage accounts. Or rather you should always use your Roth IRA up to the contributions you can every year. The above shows how pay is taxed. When you use your Roth IRA for stock trading it has 2 different…
Tough week on my stocks this week as Reddit takes on the Hedge funds of wallstreet. My Moves This week I made a few different moves Open Roth IRA with E*Trade the reason I did this I will cover in a different post but its linked to capital gains Invested in pre sale of Mindsync…
What is capitals gains? Capital Gains is a tax you have to pay on profits you make in both the Stock Market and on Crypto currencies. You have to declare your capital gains as part of your yearly tax reporting. You only pay capital gains on the profit you make if you make a loss…
My Moves Brought some more BETZ and MSOS this week. Along with a small amount of Blackberry. Brought a bit of Crypto ADA and XLM when it dipped 20%. I also completed by crypto taxes using http://www.cryptotrader.tax this webapp was a life saver. Summary I have added a Year to date column to make it…
I have been asked a few times this week on what recommendations do I have for the next few years. Please note I am not a financial advisor and Stocks can go down as well up so do not invest more than you can afford to spare and accept that you may lose money. Clean…