Tag: Dividends
Why Rents Will Continue to Rise: And How You Can Get Ahead of the Rental Curve
Are you waiting for a housing crash before jumping into the market? Well, you may be waiting for a very long time. The rental market will continue to rise for the foreseeable future for one main reason—investors. There are simply too many individual and foreign investors, institutions, syndications, and real estate investment trusts (REITs) for…
Turn a Reverse Mortgage into an Income-Investing Portfolio
At some point, our parents may need to use their primary residence as a retirement plan. We, as their kids, need to remove the emotion from these decisions. Each generation’s retirement years are getting longer, so it could be tough to generate income for 30 to 40 years. This is especially true if they liquid…
Stock & Bond Investing in Your 50s
If your 40s were all about creating income, then your 50s are about maintaining your portfolio while building generational wealth. Your income should be creating more income in your 50s. This means you should have enough income from dividends to reinvest 30%. If this is not the case, please go back and read the earlier…
The Pros and Cons of Closed-End Funds: How Do You Like Your Income?
Learning to invest for income changed my life; I figured out how to build my own paycheck. Most people do not invest for income; they want to get rich quickly. I dividend income investing into six different types, which you can read about here. One of my favorite types of income investing is closed-end funds.…
Stock & Bond Investing in Your 40s
There are a few paths you can take in your 40s. You can get into more debt, get divorced, have a mid-life crisis, or become rich. Luckily I choose to become wealthy by making more income than I spend. Remember, wealth is having excess income versus expenses. But I didn’t choose to have a job…
Saving & Investing with $500 per Month
If you can save and invest $500 per month, you are in the elite class of America. Sadly, I am being completely serious. Most Americans cannot save $500 over the course of a year or even a decade. America is a tough place to save because everything costs. If you own a home or have…
Dividend ETFs vs. Bonds 2: The Tax Edition
After writing “Dividend ETFs vs. Bonds,” I got to thinking about taxes. As we head into retirement, taxes will play a significant role in our decision-making. Let’s rerun the $500,000-401K scenario, but this time with a perspective focusing on taxes. Let’s assume we are 66 years old and drawing social security. What are qualified dividends?…
Stock & Bond Investing in Your 30s
Have you ever heard anyone talk about the “terrible twos” as they raise their children? It’s a time when kids often don’t sleep, can walk and talk, and get into all kinds of mischief. My wife went through this phase twice with our two kids—with me out on assignment most of the time. It’s a…
Dividend ETFs vs. Bonds: The Best Investment for Retirees
Retiring from the workforce can be stressful. We spend our entire lives earning a paycheck and living on a salary. Now they expect us to live on our investments and a small amount of social security. Most of us don’t spend much time learning how to invest. When we retire with a nice nest egg,…
Stock & Bond Investing in Your 20s
Your 20s can be magical if you have the time, patience, and attentiveness to learn about finances. However, most of the time, we are fighting off our hormones. For this series, I assume that you want to start a family and build generational wealth throughout your life. If you want to stay single, you can…
Dividend Investing During Turbulent Times
Don’t worry; it will all be okay. This is not the first crisis; it won’t be the last. The best way to handle this situation is to push through it confidently. We can use their philosophy with anything and life, and we should. In today’s case, we are talking about dividend investing during the coming…
Don’t Gamble with Retirement 10
A lot has changed since I started blogging about personal finance in July 2020. At the time, retirement planning was something you could do on the side. Why spend all of your time planning for something 30 to 40 years away, right? Wrong! After a crazy turn of events, the only way to retire is…
Bond Investing in Your 70s
We should all plan on enjoying our 70s while preserving capital. Even better, we can help our family build generational wealth while we travel the world. There is much to accomplish in the later chapters of life, but it requires financial sophistication to achieve our goals. Welcome back to the Bond Investing at Any Age…
Retirement Planning for the Average Person 5
Sometimes we must admit when we are wrong. I find myself in this position today—humbled. There was one core truth I believed, but it has changed recently. I believed you could stay in the workforce long enough to create a truly passive income retirement. For example, you could work until you earned $5,000/month in dividends.…
Dating with Dividends: Find Your True Love through Budgeting
Budgeting together is my definition of true love. Yes, it doesn’t sound sexy or romantic, but it’s practical and successful. My wife and I met in a far-off foreign land in 2004; I was 23, and she was 20. It was love at first sight. I told her I loved her in three days. Now,…
The $5 per Week Dividend Investor: Time to Get Started
No more excuses. Let’s try something different today. I want to start you off as a dividend investor at the lowest level. Most people believe you need a ton of money to become a dividend investor. This theory is partially true. If you want to retire on dividends alone, you will need millions of dollars—true.…
I Heart Income Investing: The Joys of Portable Income
I will retire this year after 24 years of faithful service in the US Marine Corps. I will walk away with a good-sized retirement check, but I will have something else. I will still have $1,600 per month in dividends flowing into my accounts. I can do whatever I want with this money because it’s…
Beware of Fake Passive Income Claims: True Passive Income is Challenging to Achieve
It takes 10,000 hours to create a reliable income stream. Depending on your daily habits, that timeline can range from five to ten years. With this knowledge in hand, be very wary of anyone claiming to have found the secret to quick passive income. The only passive income that matters is in your money system.…
Treasury Bonds vs Municipal Bonds: Federal vs State Tax Advantages
A true marker of a wealthy mindset is the passion for reducing taxes. Often rich people receive grief because they want to lower or eliminate their tax bills. They usually receive this hate from the lower or middle class, who pay a large percentage of their income to the government. However, rich people pay the…
Choose Between $100,000 Active Income and $50,000 Passive Income
I will ask you a question that will rattle you to your core. Do you really want to go to work every day? It’s okay to be truthful; I’ll go first. My job fulfilled me for the first 15 years after high school. At a random point, it became more of a chore than entertainment. …
