Some Financial Insights and Personal Opinion

Posted: 27 September 2020 by Robbie

Life is still the same for me, working 60+ hours a week according to my data measures from the last 4 weeks. When it’s at 55 or more, I don’t tend to work on my creative projects and a little less on any data projects sans my finances. With finances, I sold my small share of Wendy’s and Stash Capital took a chunk out of that little profit. Stash Capital does push it’s “Buy And Hold” deal. So, with that being said, I made a few mistakes. I’m concentrating on adding more to my high dividend stocks that are $25-60 per share. These are AT&T (T), Iron Mountain (IRM), Dow Inc (DOW), Pfizer (PFE), Cisco (CSCO), Intel (INTL), Moderate Mix (iShares Core Moderate Allocation ETF / AOM) and a little of Corporate Cannabis (MJ). I also been trying at add more to Gold with the GTLR Stock, trying to get that at 8 to 10 percent. Plus, I want to add more to the science based items such as Dow and Pfizer.

With this upcoming election and how I believe we won’t get the final result on Nov 4th (here in the United States), and in addition to all the silly things going on in this country, the market more than likely react in a negative way. The market, like me and some people out there, doesn’t like uncertainty. So, with that being said, I think Gold would be good. Plus, it’s possible to buy some of my shares at a lesser price. Since my previous sales at Stash including my last one, I suppose it’ll be best to buy and hold. All of the stocks above have a 2% or more dividend yield, with AT&T going up to 7%.

I want to have some good dividends when I get to my 50s, just in case I never get out of the auto industry. I see quite a few folks in there 50s doing this brutal manual labor that I do or some easier work, and these people are god damn miserable. Granted, some things might have happened to their lives, yes. But, a few people out there with foul looks of shit on their faces have went home and saw the ugly significant other in bed with someone a lot better looking, and they bring that to work. Last week, I was accused of a ‘serious crime’ at my job that I didn’t do. The serious crime was a part getting stuck in the assembly line that another employee did. However, I got the blame with being yelled at.

At my job, quite a few folks in the day shift (6a-2p) are quite pissy. Again, not everyone, but there are a few folks that ain’t happy. I asked an other employee if that person in question was from first shift or ‘our’ shift, she was from ‘our’ shift. The person in question appeared to be in her forties. Hopefully by the time I get to 50, I’m not looking at living off of my dividends so I don’t have to work (that would be nice), but that extra passive income would be great to have backing you up and adding more to the stocks that pay the good dividends and interest. Agreeably, going back to angry people at work, yes, people are angry. We are living in a serious strange time in our lives and people are upset. Myself included.

WARNING: Do not take this advice and put your eggs in the basket on a single stock that I mentioned. Please do your research and due diligence. I don’t want an e-mail with “Hey shithead, I invested in a stock you mentioned in a blog and the CEO got caught naked with a 7-year-old boy in Thailand.”

I’m not an adviser!