With the stock market showing signs of fatigue and fracturing, I had an interesting conversation with AI on how best to risk mitigate an investment portfolio during a tariff and trade war. There are specific recommendations below but don’t take what AI wrote as gospel and do your own due diligence. I asked for recommendations…
Author: Rich Slick
Tariff Warnings: Laptop Prices Going Up 10% In March
It looks like my strategy hoarding electronics was prudent and timely. According to TomsHardware, the price of laptops are expected to rise 10% in March due to the new administration’s tariff scheme. Acer Laptop prices in the U.S. are set to rise by 10% from March 2025, commented CEO Jason Chen in an interview with The…
More 7% Municipal Bonds!
I subscribe to Fidelity alerts for municipal bonds and this week I got what looks like a great one. This deal isn’t as good as the last one I signed up for at 7.25% tax equivalent yield but it’s not too bad at 7.16% tax equivalent yield. These municipal bonds are part of my new…
I Owe Uncle Sam $5000 For 2024
After a disastrous 2023 tax year in which I ended up owing $15,000, I am happy to report that I’ve now reduced that tax bill down to $5000. At least that’s where I stand at the time of this post and I’ll wait till April to officially file my return. What Worked To Reduce My…
Retirement: Qualified Dividends vs Non-Qualified Dividends
Do you know the difference between qualified dividends and non-qualified dividends in your investment portfolio? Knowing the difference could mean a smaller tax bill or a much larger one in retirement. I’ve come across a great YouTube video on the subject so rather than write a wordy explanation, it’s just easier to watch this video…
Is My Secret Source For Eye Glasses In Danger?
As I’ve gotten older, I seem to be in need for more frequent changes of glasses. First it was “readers” then my eyes went out of whack so now I wear bi-focals. But lately, my eyes seem to change every six months instead of annually. Because I go through glasses like tissues I had to…
Happy Valentine’s Day
Best wishes on time with the one you love.
New Administration, More Inflation
The premise of the new administration in office was that it would make inflation go away right away but inflation seems to be heading in the wrong direction. Inflation is my primary concern when I retire and with good reason, once someone begins to live off investments, they need to make sure they have enough…
Closed All IWM Positions 70% Return
I wanted to close out my series of covered calls on IWM. With the CPI report coming in red hot, it caused the market to fall and it was a great time to buy back all the calls I sold. I wanted to make $2000 for the month so I sold 40 call contracts on…
No Mortgages In 10 to 15 Years?
Back in October, I wrote a post questioning the viability of property rentals moving forward into the future. I wrote that post based on the soaring costs of insurance. The truth about property ownership is that operational costs are now exceeding capital costs in many areas of the country. Yesterday, the Federal Reserve Chairman Powell…