Category: Investments
Do I Need Lots of Money to Start Investing?
One of the common misconceptions I hear is that people think they need lots of money to start investing. Nothing could be further from the truth. Today, I will dispel this myth and also show you my humble beginnings. Hopefully, I will encourage you to start your investing journey today. Investing has never been easier…
How We Plan to Retire on Dividends part 1
Retiring on dividends is a dream come true for many people. On the other hand, many have never heard of dividends. I never heard of dividends until I was the age of 38 years old. I became fascinated with the words passive income when I was overseas, and the idea of living off investments was…
Preferred Shares 105: Long-Term Preferred Strategy
You have come a long way throughout the Preferred Shares 101 Series (101, 102, 103, 104). From first learning the power of preferreds to potentially already buying some shares. But what is the long-term plan for purchasing and holding preferreds? Let’s get into it. Capital Gains. We like to buy our preferreds when they are…
Preferred Shares 104: The Search for Shares
We have come a long way in our knowledge of preferred shares. In Preferred Shares 101, we talked about what they were and how they could increase your dividend returns. In Preferred Shares 102, we learned how to speak their language. Finally, in Preferred Shares 103, we discussed the Rule of 72 and why dividend…
20 (more) Books That Will Make You Rich
Read 20 Books That Will Make You Rich part 1 (This is Part 2) Reading in of itself will not make you rich. However, reading and creating actionable tasks WILL make you rich. I wanted to keep this page as simple as possible. I have attached my personal review of each of these books. These…
Boring Investing is Good Investing
The stock market is always an exciting place with which to be involved. There is the hustle and bustle of news, trading, commodities, earnings reports, and scandals. Every day something new is jumping off, and something different is happening. Amidst all this excitement, it can be hard to distinguish the truth about investing. The stock…
5 Takeaways from “A Trader’s First Book on Commodities”
My favorite author Robert Kiyosaki, of “Rich Dad Poor Dad” fame, describes four asset classes- real estate, business, paper assets (stocks, bonds), and commodities. I have already read multiple books in the other asset classes; you can read some of my thoughts in the article “20 Books that will Make You Rich.” However, “A Trader’s…
March Over March update 2021
In the investing world, it is always good to take a look at where you were some time ago. As we slowly grind towards our goals, we sometimes do not realize how big the strides we are actually taking. That is why I am starting a monthly series to look back at where we were…
Mo’ Dividends Mo’ Problems #6 March 2021
Let’s see what dividends we were paid in March 2021. My goal is to get to $1 Million which would yield roughly $40,000 a year of dividend income. MARCH 2021 DIVIDENDS DIVIDENDS: $129.72 CASH APP Stock Type Ticker…
My Foray in FOREX
Read My Books for Free: Free Kindle Books Schedule I wasn’t always into the whole financial education scene. In fact, I started understanding the depth of the financial world in June of 2019 (roughly less than two years from today). I knew that I wanted to make more money in the early days, but I…
Preferred Shares 103: The Rule of 72
Another day, another preferred to buy. After reading Preferred Shares 101 and 102, you should be well-versed in why we are buying preferred and which types of preferred we are targeting. As a recap, we are looking for preferred shares that are “Cumulative Redeemable Perpetual and Fixed.” Before we jump into the Rule of 72,…
Preferred Shares 102: Terminology is Important
For my preferred shares, I like them to be “Cumulative Redeemable Perpetual and Fixed.” If you don’t know what this means, don’t worry. I did not either until I read the book “The Billionaires Secret.” In Preferred Shares 101, we talked about the benefits of investing in preferreds- now, it is time to get into…
Preferred Shares 101: Getting Started with Preferred Shares
Does the stock market overwhelm you? Do you want a more predictable way to invest in stocks? I could have the answer for you- Preferred Stocks. Once you understand the basics of preferred shares, investing will hook you. The hardest part of investing in preferred shares is finding them. In “Stock Market Investing 106: High-Yield…
Stock Market Investing 106: High-Yield Alternative Investments
We have learned a lot throughout the Stock Market Investing Series (101, 102, 103, 104, 105). We went from the basics of capital appreciation and dividend growth investing methods to how to reach our passive income goals. Now, we can get into some of the more in-depth yield-producing securities. First, I will review some of…
Investing for Dividends 103: The Magic of Re-Investing
The greatest enjoyment of dividend investing is receiving little tiny paychecks throughout the month- it is magical. There is nothing like waking up to find some new money in your account. However, when you reinvest your dividends, some of that fun is taken away, at least for the time being. But, to answer the question,…
5 Takeaways from “The Options Playbook”
The stock market can be very lucrative for buy and hold investors. But what if you wanted to take a more active approach? Enter “The Options Playbook” by Brian Overby. Options are stock market “plays” that you can use for various purposes. You can trade options for offense, defense, protection, and aggression purposes. If you…
Mo’ Dividends Mo’ Problems #5 February 2021
Let’s see what dividends we were paid in February 2021. My goal is to get to $1 Million which would yield roughly $40,000 a year of dividend income. Check out our Merchandise Shop on Redbubble: (here) Follow us on our Facebook Page (here) Join our Facebook group (here) Follow us on Pinterest at: Disclosure: I…
Municipal Bonds: Tax-Free Goodness
Who wants tax-free income? It is difficult to find money that comes in and isn’t taxed. However, municipal bonds can be tax-free or tax-exempt. Bonds, by default, do not pay high yields, but they can produce enough to stay ahead of inflation. Let’s get to the bottom of what municipal bonds are and how to…
Investing for Dividends 102: Keeping Score
“But Josh, I don’t want to write things down.” I know, I know. Creating a spreadsheet is probably the most boring thing you can do in your free time. However, when it comes to dividend investing, it is a must. To truly appreciate the art of dividend investing, you have to track your…. Dividends. I…
Intro to REITs part IV: REITs vs Rentals
REITs and rental properties serve the same purpose- to provide the investor with reliable, sustainable income- that can be used to pay for expenses and lifestyle throughout retirement. However, REITs and rentals accomplish this in different methods, at least from your point of view. P.S. Catch up with the Introduction REIT series (Part I, Part…
