Well- I mean the deal is that the stock market imo is a little more of a barometer of how a GOOD PORTION of our economy is going- I’m series 7/63/66/variable insurance licensed with 7 years experience. Basically- the people that haven’t been laid off and small businesses don’t put as much money in the stock market. Big companies were able to shift to work from home easily and upper middle class people are still stuffing money in to their 401ks. Not totally sure this doesn’t continue. Then again- if Biden starts instituting crazy policy, maybe the confidence drops drastically
Have a look at O. They're a nice REIT I hear! (No, O isn't the symbol for Oprah's company!)
Also I suggest having a look at some good ultra-low-expense-ratio ETFs that are full of very large and thus stable S&P500 companies and yet still grow like a weed, the prime example being MGK (Vanguard mega-cap growth ETF).
Cutting expenses is the way to go, good for you! As you probably know, it's way better than a salary increase because if you don't spend $1 you get $1, but if you get a $1 raise you get $0.75 (or whatever it ends up being) due to income taxes. There's no "savings tax" yet (but give the left time!)
Kill cable if you haven't. Get the PlutoTV app for your streaming box (if you don't have one yet, a basic Roku is $35). PlutoTV is essentially a complete cable system (with hundreds of live channels and hundreds of on-demand movies and TV shows) in a single app. All legal too, made by Viacom, no piracy issues. You don't have to make an account or even give an email, you just start watching. It's awesome, and it has Newsmax, Real America's Voice, The First, etc. live channels too. Also get Peacock, NBC's streaming app with a free tier that has TONS of stuff (I don't know why anyone opts for the pay version!)
If Pluto and Peacock (free version) aren't enough, supplement with a cheap subscription or two (Hulu or whatever).
Saving an extra three figures a month - priceless.
I'm looking at passive income streams while I am still working to supplement and enrich my lifestyle.
Long-term, my retirement will be taken care of easily and any education costs my children may bear will be handled as well. The only major cost would be moving to a humongous-big house at some point.
Someone who isn't me flies the black flag, so my entertainment is easily taken care of; now if you could come and insulate my plaster on metal lathe on brick house, now we'd be talking...
I'm looking for at least 7% gainz for my "passive" investments - O won't cut it - However- MGK looks really nice, I'll add that to the mix.
My aggressive options account is also up 200% on the year - Now that I'm getting the handle of daily vs overall market swings, life is good and a long Caribbean vacation is already booked for the end of January.
Well- I mean the deal is that the stock market imo is a little more of a barometer of how a GOOD PORTION of our economy is going- I’m series 7/63/66/variable insurance licensed with 7 years experience. Basically- the people that haven’t been laid off and small businesses don’t put as much money in the stock market. Big companies were able to shift to work from home easily and upper middle class people are still stuffing money in to their 401ks. Not totally sure this doesn’t continue. Then again- if Biden starts instituting crazy policy, maybe the confidence drops drastically
Middle class in my 30's - I'm pulling in around an extra 2-3k per month because our household expenses have gone waaaaaay down.
Stuffing it all in a few low risk REITs and watching it grow. I already owned a house before I got married, so it's all gravy at this point.
$ABR is free money right now.
Have a look at O. They're a nice REIT I hear! (No, O isn't the symbol for Oprah's company!)
Also I suggest having a look at some good ultra-low-expense-ratio ETFs that are full of very large and thus stable S&P500 companies and yet still grow like a weed, the prime example being MGK (Vanguard mega-cap growth ETF).
Cutting expenses is the way to go, good for you! As you probably know, it's way better than a salary increase because if you don't spend $1 you get $1, but if you get a $1 raise you get $0.75 (or whatever it ends up being) due to income taxes. There's no "savings tax" yet (but give the left time!)
Kill cable if you haven't. Get the PlutoTV app for your streaming box (if you don't have one yet, a basic Roku is $35). PlutoTV is essentially a complete cable system (with hundreds of live channels and hundreds of on-demand movies and TV shows) in a single app. All legal too, made by Viacom, no piracy issues. You don't have to make an account or even give an email, you just start watching. It's awesome, and it has Newsmax, Real America's Voice, The First, etc. live channels too. Also get Peacock, NBC's streaming app with a free tier that has TONS of stuff (I don't know why anyone opts for the pay version!)
If Pluto and Peacock (free version) aren't enough, supplement with a cheap subscription or two (Hulu or whatever).
Saving an extra three figures a month - priceless.
I'm looking at passive income streams while I am still working to supplement and enrich my lifestyle.
Long-term, my retirement will be taken care of easily and any education costs my children may bear will be handled as well. The only major cost would be moving to a humongous-big house at some point.
Someone who isn't me flies the black flag, so my entertainment is easily taken care of; now if you could come and insulate my plaster on metal lathe on brick house, now we'd be talking...
I'm looking for at least 7% gainz for my "passive" investments - O won't cut it - However- MGK looks really nice, I'll add that to the mix.
My aggressive options account is also up 200% on the year - Now that I'm getting the handle of daily vs overall market swings, life is good and a long Caribbean vacation is already booked for the end of January.