J.C.’s Money Blog

I bought some more of my favorite index fund today, since the market was slipping. I am now the proud owner of 33 shiny new shares of SPY, bringing my holdings to an even lot of 100 shares.

My purchase price was  $135.25, and the price continues to drop. Oh well.

SPY has about a 2% yield, and I can expect dividends of about $270 this year from these funds. That $270 is the biggest amount of income I can count on this year, which is a bit scary!