What has Experience Investing In The Stock Market Taught You?

 With over forty years of investing in the stock market behind me there are lots of things that I have learned.

Maybe not how to dress well. The one key to investing is to know yourself.

I know that I am not the best dressed, but I love my Black Lab, Leif and this shirt is pretty comfortable.

But  anyway.  Investing.

Well investing requires self knowledge.

Why?  I tell you in this video.

Beside all the information in the video.  I have learned that you need to consider investing as a long term plan for wealth creation.  There are hundreds of people a day who will tell you that they have the answer to get you rich overnight.  Well generally their get rich quick schemes mean you give them your money to learn something that you could have got for free.  No one looks after your money as well as you do.

Always look for quality stocks, they pay well in the long run.

Feel free to set aside some play money, but don't play with your main investment accounts.

Play only with money that you can afford to lose.  Protect your core accounts.

 

 

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I have created a core brokerage savings account with M1 Finance. This account is for doing fun stuff.

 

M1 allows me to buy fractional shares, so I can afford to buy high priced stock like Amazon (AMZN ), Alphabet (GOOG ) and others.  I built a core account of just over thirty stocks in January 2020 starting with just $100, plus a $30 bonus because I followed an affiliate link like this one.  Now that core holding is worth in excess of  $1,400 and is paying me regular dividend income.  I invest just $17 per week and everything is invested automatically. Simple

 

You too can open an M1 account and earn a $30 bonus when you use this link. 

 

 

Is it Possible to Build Your Own Annuity?

Is it possible to build your own annuity?

In short Yes  it is possible to create a portfolio that will in part mimic an annuity.

Cash From Your Own Annuity

How I would build an annuity.

How do you go about building an annuity like portfolio?

First know the aim of the annuity. Is it to pay a regular bill, a mortgage, car payment, or school fees?

When you know what the annuity is for then you can look for the stocks, mutual funds and Exchange Traded Funds that will provide you with income.

This annuity is for regular amounts of income while you live.

You can include a Life assurance policy for the cost of funeral expenses, your beneficiaries will receive the portfolio of investments after your death.

So if you are looking for a fixed amount of income, say you have a $300 per month car payment. It is easy to build a portfolio of dividend and cash paying stocks and bonds that you can use to pay either part or all of your car payment, mortgage, or school fees.

I use this method to pay for my current college fees. A class costs me $160 per semester.

I invested $50,000 over the last ten years. It pays me just over $2,000 per year in dividends.

It comes out at about $100 in January and February, $400 in March, June and the other quarter months.

I take out $600 per year for fees and textbooks. This little annuity keeps on growing too as the market grows and as dividends increase. 

Last year it grew by 18.7%, 4% Dividend growth and just under 15% stock price growth.

To read

I am also building a $10,000 Portfolio for income beginning in October 2019. To read how that is proceeding go to my blog post at Financial Independence for the Blind.
 

ad more about building an annuity CLICK HERE.

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End of 2012

So the end of 2012 is upon us. Things are not really much different in these last few hours of trading than they have been in the last few months.

The Wall Street indices look to be ending the year up overall. That is good news and hopefully some of you are on the receiving end of those profits. I personally count this year as a very good year, with the market up about 12%, I managed a 7% rise in my accounts, ok I wasn't in the really hot stocks I plodded down the middle of the road but I didn't lose out and any year that you can say that is a good year.

Next year I predict a series of stumble.s.

Congress is not doing much over the budget and fiscal cliff and that will add more volatility to the markets, It may also act as a brake on the economy in general so I will be looking for  a bumpy ride in the first half. Early 2013 will possibly look very much like the last few trading weeks of 2012. 

All in all though I am looking at transport stocks still, I still hold and acquire utilities and the top retailers and entertainment stocks look good too.

Bear in mind I am just an average investor, no items in this post or blog should be taken as financial advice, it is my opinion alone and predictions are not supportable as fact.

I wish you all very well for the New Year.

Back to quarter 1 again. Yippppeeeee!