Financial
Monthly Dividend Stock In Focus: Chorus Aviation
Updated on February 24th, 2020 by Bob Ciura Monthly dividend stocks are unique in their ability to generate consistent dividend income for their shareholders. There are not many monthly dividend stocks. But they could be appealing for certain income investors, such as retirees, who desire more frequent payments than the traditional quarterly dividend payers. With…
Read MoreA brief guide to cybersecurity basics
Last Monday, I got an email from Spotify saying that somebody in Brazil had logged into my account. I checked. Sure enough: A stranger was using my Spotify to listen to Michael Jackson. I told Spotify to “sign me out everywhere” — but I didn’t change my password. On Wednesday, it happened again. At 2…
Read MorePassive income ideas you can try today
Earlier this week, J.D. wrote about what he calls the biggest truth in personal finance: You can’t get rich through frugality alone. As Liz at Frugalwoods says, “You can’t frugalize income you don’t earn.” Income is one-half the fundamental personal-finance equation, and it’s probably the most important half. J.D. advocates a three-pronged attack for boosting…
Read MoreThe biggest truth in personal finance
For the past six weeks, I’ve been hard at work writing my “introduction to financial independence and early retirement” project for Audible and The Great Courses. It’s been challenging — and fun — to rework my past material for a new audience in a new format. Naturally, I’m emphasizing two important points in this project:…
Read MoreMy travel and speaking schedule for 2020
It’s that time of year! I’ve been sorting through speaking invitations and comparing event schedules to my personal plans. I now have a rough idea of where I’ll be in 2020 — and when. (As I finalize details, I’ll update this post to reflect any changes.) This year, I’ll be traveling much less than last.…
Read MoreWhy you should track your spending (and why Quicken sucks)
Last year wasn’t good for me. Depression and anxiety reigned supreme. By objective standards, my life was pretty good. But subjectively, life sucked. Going into 2020, I decided I needed to make some changes. I’m pleased to report that the first five weeks of the year have gone swimmingly. Life is grand. I’ve made three…
Read MoreMassachusetts Fiduciary Proposal Firestorm
The Insurance industry is concerned about the Massachusetts Fiduciary Proposal. The concern, coming from industry professionals around the US, is that there will be an unintended consequence of the proposed fiduciary duty that will severely limit access to professional investment advisors. Offering best advice for the customers, on the face of it seem good. So,…
Read MoreSECURE Act Changes are in Effect Now
Do You Know How the SECURE Act Affects You? The SECURE Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. New RMD Age The Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July…
Read MoreSECURE Act 2020 changes to IRAs
The Secure Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. The Secure Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July 1, 1949 you will still need to take your 2019 RMD…
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