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Archive for April, 2017

Robinhood - Free Stock Trading

April 24th, 2017 at 02:00 am

Anybody here using Robinhood? If so, what are your thoughts and review of this investing platform?
I just recently heard about it, and from what I have seen and read about it so far online, is that it is only available via cellphone app. So installing it on my laptop is a no go.

Although I am not a day trader, I do occasionally buy/sell stocks and ETF's. The idea of commission free trades is somewhat appealing, even though I don't trade that much. However, it would mean opening another account at another institution, which is not appealing.

Also, using a device that is smaller and harder to read isn't appealing for my old, tired eyes either.

Finally Paid Off The Auto Loan

April 3rd, 2017 at 01:29 am

Hello Everyone,

I have not posted in a really long time, but I have been keeping my pages up to date. The good news is that I paid off the car loan almost a year early. I had been making double payments each month for the past few months. Saturday, I decided to just pay it off with the overtime I have been working lately. I am now debt free except for the mortgage.

A huge life event will possibly be coming up this Fall. The decision is whether to retire. I turn 65 in October and will be eligible for Medicare. I am sick of my job, and am ready NOW to retire, but with a medical issue here and there, I will just have to wait. So I am just padding the ole 401k until I make the leap.

I have been using a few financial websites and their calculators to see if a comfortable retirement will be viable. I am borderline to okay. One of the biggest determinants is the unknown, which is how long will I live. And the corresponding biggest fear is outliving my savings. If only I had the sense to invest for retirement at an earlier age!