Money and Finance
The layoffs at my employer weren't quite done last week and more were carried out this week as well. Luckily I've still escaped the layoffs but it sure is a scary time to be in the "patch". I still expect at least one more round of layoffs if oil prices persist in the $30's or even drift lower over the next couple months. But that just reinforces the need for us to pile up some cash in the meantime and start brushing up the resume to look for other potential jobs. It's a shame really because I like the job a lot since I get to manage myself while at work but who knows what the future will bring.
On a positive note oil, well WTI, did show some improvement over the week but I'm sure the volatility is far from over. The S&P 500 actually showed a decent week of gains with a 1.6% improvement from last Friday's close. With oil and the S&P 500 showing a gain this week my portfolio and net worth sure did enjoy the ride back up. But the thing I love seeing most is dividends hitting my account and dividend increase announcements. I only got one raise this week but I can't really complain since I've received 9 so far this year and many more on their way.
We finished up the last well for the rig that we were drilling on which is a shame on many fronts. I hate to see yet another rig being stacked due to the downturn and especially one that is only about 1.5 hours from my house. The good news is that I've escaped this round of layoffs thus far, as I mentioned earlier, and as of now I have a job lined up to go to in a week. It's been a long time since I've had that much time off of work and I hope to get a lot of things done both around the house and with writing.
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- Weekly Roundup - March 19, 2016
Well another week gone and another week home. Even though oil prices have been climbing higher I haven't seen an uptick on the exploration side. Although I don't really expect to see too much of an increase because even in the high $30's/low...
- Weekly Roundup - January 16, 2016
Quick round up this week. The markets sure are in a sour mood to start off the year. After being down about 6% through the first 5 trading days of the year the S&P 500 is now down 8% year to date. If only I had some cash ready. Luckily though...
- Weekly Roundup - April 4, 2015
Well I'm sure you noticed that I didn't get a lot of writing done this week. That wasn't for a lack of "want to" but just a matter of lack of time. Monday at the hospital with Luke, Tuesday I headed back to work, Wednesday and...
- Weekly Roundup - July 14, 2013
Well my first attempt at the roundup for this week went horribly wrong. I had finished and scheduled it for yesterday morning and then wanted to add one more thing to it and changed my mind. Needless to say I didn't save it again and then it got...
- Weekly Roundup - April 13, 2013
This has been a great week at home, although anytime at home is a great week. Last Saturday we went hiking with our dog through one of the local state parks and had an awesome time at the hockey game on Sunday even though it made for a long day after...
Money and Finance
Weekly Roundup - February 27, 2016
On a positive note oil, well WTI, did show some improvement over the week but I'm sure the volatility is far from over. The S&P 500 actually showed a decent week of gains with a 1.6% improvement from last Friday's close. With oil and the S&P 500 showing a gain this week my portfolio and net worth sure did enjoy the ride back up. But the thing I love seeing most is dividends hitting my account and dividend increase announcements. I only got one raise this week but I can't really complain since I've received 9 so far this year and many more on their way.
We finished up the last well for the rig that we were drilling on which is a shame on many fronts. I hate to see yet another rig being stacked due to the downturn and especially one that is only about 1.5 hours from my house. The good news is that I've escaped this round of layoffs thus far, as I mentioned earlier, and as of now I have a job lined up to go to in a week. It's been a long time since I've had that much time off of work and I hope to get a lot of things done both around the house and with writing.
Read more »
- Weekly Roundup - March 19, 2016
Well another week gone and another week home. Even though oil prices have been climbing higher I haven't seen an uptick on the exploration side. Although I don't really expect to see too much of an increase because even in the high $30's/low...
- Weekly Roundup - January 16, 2016
Quick round up this week. The markets sure are in a sour mood to start off the year. After being down about 6% through the first 5 trading days of the year the S&P 500 is now down 8% year to date. If only I had some cash ready. Luckily though...
- Weekly Roundup - April 4, 2015
Well I'm sure you noticed that I didn't get a lot of writing done this week. That wasn't for a lack of "want to" but just a matter of lack of time. Monday at the hospital with Luke, Tuesday I headed back to work, Wednesday and...
- Weekly Roundup - July 14, 2013
Well my first attempt at the roundup for this week went horribly wrong. I had finished and scheduled it for yesterday morning and then wanted to add one more thing to it and changed my mind. Needless to say I didn't save it again and then it got...
- Weekly Roundup - April 13, 2013
This has been a great week at home, although anytime at home is a great week. Last Saturday we went hiking with our dog through one of the local state parks and had an awesome time at the hockey game on Sunday even though it made for a long day after...