J.C.’s Money Blog

Compared to last month I am a bit more cash poor and own a bit more of the top 500 companies in America.

While this portfolio has only one ticker, it is pretty well diversified, and it also represents 7 different times I purchased over the last 3 years, and it has payed out dividends 13 times in the mean time.  I am working on writing a program that will generate a better portofolio snapshot. One feature I would like to include is an image showing the cashflows, maybe even with the stock price as the backdrop.

Also, I am ready to start working on rolling over my 401k from my previous employer into a self directed account, so that I can start gambling with my retirement! Ihave just over $30k in there, and I would like to carefully choose 6 individual stocks to invest in, for about $5k each. $5k is the price of a used car I would buy for myself, so it’s still a lot of money to me. Enough money that I would hate to lose it, but not enough money that I would buy insurance to cover the loss. 

I plan on writing up a piece on how I selected which type of account and which broker for the roll over, and then my portfolio updates will get much more exciting as my 6 stocks will be much more volatile than the 500 averaged together that I have now.