May’s been a chaotic month as I sold my house which has required some re-budgeting now that I don’t have as many expenses. This month is the last one using my original budget and represents a small improvement over last month.
Mixed feelings here today – I’m on the road, sitting in a Starbuck’s in Alabama after travelling down here to sell my house. I’m listening to David Bowie’s Changes, as I did when I first decided to leave Alabama a year ago, so there’s a certain kind of symmetry. I spent 10 years living here and I already left once last year to move to Michigan and it feels like that all over again. It’s been great seeing some old friends again though.
I bought the house in 2004 for $143,000 and I’m selling it 10 years later for $135,000. So as an investment, it’s not been a great deal. Or was it?
Continue reading “Sold my house…”
It’s that time again. I came across an interesting article yesterday which compared two hypothetical investors who both started invested $1000 in the S&P index in 1983 and continued investing $1000 each year for the next 30 years. One bought stocks at the end of each year, the other bought stocks at the highest point of the S&P for that year. Guess who came out ahead?
Continue reading “May 2014 – Stock Purchase (2)”
I buy investments twice a month; around the first and third Tuesdays of each month. This is a way of dollar cost averaging and it also allows some minor tweaking on my individual stock weighting since I buy shares from the lowest performing sector in my portfolio at that point in time.
With that out of the way, read on to see my first purchase in May.
It was back to normal income in April  now that taxes are out of the way. This month will be the baseline going forward since it’s one of the months with my lowest dividend income; so hopefully from now on, the only way is up (income) and down (expenses)!
So how did it go? Read on to find out…