Major updates

I’m still alive and investing. I can’t believe it has been over a year since I last posted. We are currently in the process of building our house so all of my taxable brokerage is currently in cash and ready to pay for the house. I haven’t been able to do as much dividend investing because of this.

However, despite not having as much available to invest in the traditional sense, I am still maxing out my work 401k and our Roth IRAs. I am doing some less traditional things with my 401k, which will be a post for another day.

In addition to the more traditional investing, quite a large portion of my portfolio is also being allocated to venture capital. I’ve been working on a multipart post that will talk about this more.

As far as the website goes, I am tweaking the layout a little bit. I’m moving towards a two-column design and also completely removing advertising. I have turned on tracking blocking on the web browsers I use. While I made a few hundred dollars with ads over the years, it is such a small amount in the grand scheme of things that I’d prefer to have a faster and cleaner site without them.

Also, the most major update of all is that we are expecting our first child in April! We are both super excited. First a kid will come and then a couple months later our house will be done.

Good thing I started Educational 529 accounts 6 years ago. We don’t even have our kid and yet his 529 account is already worth $30k. Imagine 18 years of compounding. With inflation maybe we’ll get a year of his college paid!

7 Responses

  1. Sam says:

    Thank you for the update. Would be interesting to learn about the venture capital options as the traditional investing …..well, it’s overvalued and keeps going down.

    • scott says:

      Hi Sam! I’ll be talking about venture capital investing in my next post. I’ve actually been working on it for a few months on and off and just haven’t had time to just sit down and finish it. Plan to do that now soon.

  2. David Dixon says:

    do you regret selling all of those dividend yielding investments?

    • scott says:

      Hi David,

      Yes, in retrospect I do regret selling them. Who knew the market would drop so much for Covid and then about a month later come roaring back?! Money that I might need the next 5 years or so I don’t like keeping in stocks since it is so volatile. In this case it would have worked out!

      Knowing what happened now AND not needing that money until now (we are just starting on our house), it would have been better just to collect the dividends and capital gains.

      However, you could also look at it a different way and in retrospect I should have sold everything and bought Cardano (ADA) cryptocurrency at that time when it was under 4 cents and sold when it got up to a high of just over $3!

      • David Dixon says:

        oh wow. Good call on Cardano! I think it’s around $1.50 or so now. Yeah, I sold my Florida home in March 2020 for $213k thinking the housing market was about to collapse. Well, we know how that worked out. The Zestimate on that property now is $354k. I moved out of state for work and didn’t want to be a landlord from a far. Very bad move in hindsight. Now I’m currently looking to move back since we miss the warm weather.
        Well Scott, I use the spreadsheet you guys developed. It is very nice. I am trying to build my Roth IRA. I have a 401k at work with employer match too, so I’m doing okay. I saw what you had in stocks before and it was something to shoot for. I was trying to coattail your moves but some unexpected expenses that I had to pull out of investing and use. Life can be an uphill struggle at times.
        Keep us posted. 1 year between posts is too much 🙂

  3. Tom J says:

    Congratulations on the new family addition and house!

  4. Noah says:

    Hi Scott and Johnny – I think you guys have one of the nicest-looking logos of all financial blogs – well done! Wanted to ask you a quick question: I guess I’m quite experienced when it comes to dividend investing, but a complete newbie when it comes to options trading. Which 1-2 resources such as a book or trading course on Youtube would you recommend to get started? I always sucked in math in school, but believe the coming month will provide those with option trading skills with generational buying opportunities. Would appreciate any insight! Cheers from Singapore, Noah

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