All About Frugality
@allaboutfrugal
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All About Frugality is dedicated to helping people save and live more economically.
United States
Joined May 2023
Follow 4 Follow Saturday. Good morning, If you reply, I’m following you.
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Same picture, two mindsets: Wealth dresses simple. Ego gets expensive. 💸🔥
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Spend each day trying to be a little wiser than you were when you woke up.
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📉 Market dips = opportunity for DRIP? Yes! More shares = higher future dividends. Use downturns to your advantage.
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🚖 Zoox (Amazon) is giving free rides in its steering-wheel-free robotaxi in Vegas — but that could change soon. Co-founder Jesse Levinson says a commercial waiver from regulators is almost here. 🚀 #FutureOfTransport #AMZN #Zoox
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🚨 Breaking: Indianapolis-based Eli Lilly, has officially entered the ultra-exclusive $1 trillion club, joining a handful of tech giants, Tesla, and Berkshire Hathaway.
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🛠️ Setup tip: In your brokerage account look for “Dividend Reinvestment” or “DRIP” and toggle it to “Yes”.
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🚧 Be aware: if you own DRIP shares in taxable account, you’ll owe tax on dividends even though you didn’t take cash.
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🧩 Fractional shares: DRIPs often allow you to build fractional shares with reinvested dividends — great for high-priced stocks.
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Bitcoin Crashes Below $81,000, Wiping Out $2 Billion in Trades
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Good Thursday morning 🌄. Here is a little nugget to chew on: 🗣 If you don't know your limitations, you don't know anything
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Jeff Bezos is back in builder mode. He’s stepped into a co-CEO role at Project Prometheus—an AI startup already backed by a massive $6.2B war chest (mostly his own capital). 🚀 Smart money always moves early. #Investing #AI
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⏳ The longer you let DRIP run, the bigger each dividend becomes — not just from original shares but from shares bought by past dividends.
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📈 Track your “yield on cost” for DRIP stocks: it shows your long-term earnings relative to what you actually paid.
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Well… In the context of freeze confirmation, the term “tax-free” is a wordplay that may be catchy and appealing. However, it is important to note that three well-known retirement vehicles that utilize this concept are Whole Life, Universal Life insurance, and Annuities. For W-2
@BSFlxmedia Can you share any insight?
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📝 Review your DRIP setup at least annually: check fees, reinvestment eligibility, and if your brokerage still supports it.
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A new survey shows a net 20% of fund managers now believe companies are overspending on AI — the first time this has been the dominant opinion since 2005. Are we pouring too much money into AI… or is this just the beginning? 🤔📉💡
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President Trump announced Monday that Americans could begin receiving $2,000 “tariff dividend” checks as early as mid-2026. Why it matters: This is the first time he’s attached an actual timeline to the proposal — shifting it from a recurring talking point to a concrete pledge.
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🧽 Auto-investing via DRIP reduces emotional trading — it helps you stay invested rather than trying to “time the market”.
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