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Friday, January 10, 2020

2020 Minimum Wage by City in San Francisco Bay Area

This table shows the minimum wage for select cities in the San Francisco Bay Area for 2020.

The highest minimum wage is $16.05 in Mountain View, California, home of Google. 

The lowest minimum wage is $13.00 per hour, usually in rural cities.

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Wednesday, January 01, 2020

2019 Final Stock Market Results

What a great year 2019 was for the stock market!

I was bullish for 2019 but I sure didn't "expect" the markets to gain over 20%

I was somewhat surprised that Warren Buffett's Berkshire Hathaway (BRKA) only gained 10.9% in 2019 as shown in the graph below.  
In 1999 Buffett's fund actually lost about 19% as investors poured money into technology bubble stocks like Qualcom, Micron (MU), and AMD along with many others that eventually went bankrupt.  Of course, his value stocks did great when the bubble collapsed and money started looking for earnings and dividends again.  
Now Buffett owns a lot of Apple (AAPL) and Amazon (AMZN) which may explain positive performance in a year my top holding and tech stock gained 115%.  
We'll have to keep an eye on it for sure. 

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Update 1/3/2020

Values by Year

update 2/4/2020

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