The writing is on the proverbial wall — inflation and supply chain shortages are here. The news is covering it, and there is a lot of chatter about it in online forums. The media is reporting that we're likely to have a few more months of shortages and price increases. At this point, the Federal government is doing its best, but it got a lot on its plate. A quick fix to … [Read more...] about Coping With Inflation and Supply Chain Shortages
bonds
SMBX Works
For those of you longtime readers of the DINKs, you'll know I'm usually pretty excited about up-and-coming fintech companies. The latest company I got excited about was the Small Business Exchange (SMBX). The SMBX is basically attempting to reform small business finance by replacing bank lending with crowdfunded bond marketplace options. SMBX Works - It Makes Money SMBX … [Read more...] about SMBX Works
July Net Worth Update – Up $9,377 to $386,959.70
Okay so I sat down and calculated my net worth last weekend. I'm up 2.48% from May. July's wealth total was $386,959.70, up $9,377.09 from May's $377,582.61. The major long term drivers of the growth have been: A. Appreciation of my condo unit. The value of the condo increased by about $1,000. B. Growth of my stock - I was able to make a substantial deposit of … [Read more...] about July Net Worth Update – Up $9,377 to $386,959.70
Don’t Forget About Bonds
People - don't forget about bonds! Everyone is going nuts over cryptocurrency and the stock market, but bonds have been a viable investing vehicle since 2400 B.C. (here). And, crowdfunded bonds are becoming a thing. Title III of the 2012 Jobs Act made crowdfunding bonds legal, so a number of companies are offering these products. These are: worthybonds.com (Pays … [Read more...] about Don’t Forget About Bonds
James’ 2021 March Wealth Update
So, it's mid-March, which means it's time for a monthly update. This month hasn't been too sexy, mostly I focused on consistent debt and cost reduction. Here is the breakdown of what I've been up to. Canceled Services & Reduced Bills This month I spent some quality time on the phone with Comcast/Xfinity. I got autopay set up for a total savings of $10 per month, or $120 … [Read more...] about James’ 2021 March Wealth Update
I Love Fintech, or Small Business Bonds For The Win
A few weeks back, I took some of the holiday gift money I'd received and put it into small business bonds. I did this via a neat, if not somewhat risky fintech I'd discovered last year. Well, it seems like the bonds are starting to get processed and issued. I just received this in my email today: Even though its electronic, its nice to get the actual bond … [Read more...] about I Love Fintech, or Small Business Bonds For The Win
Bonds and Asset Allocation
Hi All, Earlier this week we talked about asset allocation and risk. According to asset allocation theory, the greater the mix of investments you have, the less risk you run. One way a lot of people reduce their portfolio risk is by adding bonds to their investment holdings. Proponents of asset allocation argue that its not simply enough to buy a couple of random bonds … [Read more...] about Bonds and Asset Allocation
