Use a 2% CD to Pay for a 3% Car Loan

That’s right. You heard that correctly. It’s financially better to use a invest money into a 2% Certificate of Deposit (CD) instead of paying off a 3% car loan directly. The math checks out. Buying a $35,000 Car Scenario Here’s the scenario, you want to buy a $35,000 car. Assume the following: 5-Year Term A … Read more Use a 2% CD to Pay for a 3% Car Loan

Dividend Income Estimator in TD Ameritrade

A friend of mine pointed out this unique feature in TD Ameritrade. Based on your portfolio, it can predict the amount of income you receive each month, especially since the majority of my portfolio is in dividend paying stocks. The Dividend Income Estimator can be found under the “Planning and Retirement” link at the top … Read more Dividend Income Estimator in TD Ameritrade

Dividend Income Update – September 2019

September 2019 Dividends – $693.15 Total Dividends for the Year – $3,148.88 I thought I received a lot of dividends last month since I got paid by seven companies. This month i received double that from 14 companies! Date Company Ticker Dividends 9/3/2019 Visa V $25.00 9/3/2019 Wells Fargo WFC $51.00 9/10/2019 Johnson & Johnson … Read more Dividend Income Update – September 2019

Dividend Income Update – August 2019

August 2019 Dividends – $300.55 Total Dividends for the Year – $2,455.73 This month I received dividend payments from the seven companies!   Date Company Ticker Dividends 8/1/2019 Verizon VZ $60.25 8/15/2019 Ally Financial ALLY $17.00 8/15/2019 Synchrony Financial SYF $22.00 8/15/2019 Colgate-Palmolive CL $43.00 8/15/2019 Realty Income O $45.30 8/15/2019 Apple AAPL $77.00 8/23/2019 … Read more Dividend Income Update – August 2019