Tag: Dividends
Santa’s Bringing Dividend Growth Stocks
As we wrap up the Year of 2022, it’s time to reflect on our lives. We thank the heavens for having a loving family and friends that support us in our endeavors. We can also thank the “powers that be” for giving us the gift of income. Our dividends have grown tremendously throughout the year…
New Year’s Passive Income Resolution 2023
What a fantastic year we had in 2022. Yes, the stock market crashed, but things still lined up in our favor. That is the magic of passive income—it helps protect you from downturns. I started the year bullish on cryptocurrencies and still feel the same. They will be a significant part of our transition to…
Will Being Cheap Make You Rich?
Most of us grow up with a sense of happiness about our surroundings. We don’t understand how rich or poor our family is, nor do we care. We enjoy playing with our friends, eating with our family, and not having many responsibilities—we call this childhood. We can live like this for 10-12 years until we…
Retirement Planning with Index Funds
Index funds are a fantastic tool to leverage the stock market’s growth. They are as close to a “set it and forget it” investment plan as possible. However, there is one thing I want you to take away from this article; index fund investing is not enough for a worry-free retirement. To have a great…
To Become Rich, You’ll Need Leverage
Getting rich in one lifetime is nearly impossible—yet this is the path our parents taught us as children. Here is the plan in a nutshell: Please tell me if I am missing something. The problem with this typical scenario is that at no point did you exert any leverage. 40-Year Interest-Only Mortgage In fact, when…
Why Are You NOT in the Work Force?
Everywhere I look, it seems people are quitting their jobs. Whether it is quitting in place, also known as quiet quitting, or walking away completely (the Great Resignation), the world is turning upside down. However, this is a social media ploy to slow down the average American. Many reasons contribute to this mass exodus from…
The Perfect Life: Homesteading & Dividends
Do you ever dream of getting as far away from the city as possible? I think about this every day on my commute to work. Society is becoming more dangerous and less intelligent, so it is wise to devise an escape plan. But how can you escape while living within 20 miles of a Walmart?…
How to Become Financially Independent in Your 20s
Being young grants you the gift of youth. Youth allows you to work as hard as possible and recover easily by the next morning—you are almost invincible. However, with youth comes hormones and pride. Indeed, fighting through your own mindset will be the biggest challenge of all. If you can get it together, you can…
High-Yield Bond Reinvestment in Action
I recently discussed high-yield bond reinvestment as a safe way to assume more risk in your portfolio. It’s a great way to dabble in the waters of income investing. My 30-year bonds just paid me their semi-annual payments, so it’s time to reinvest. Today, I will walk through how to convert a reasonably low-yield coupon…
Life as an Income Investor
Becoming an income investor changed my life. I used to believe that working hard at my job would eventually set me free. Sadly, this was not the case. My day job pays me a lot of money; however, learning to invest for income relieved me of my stress. Today, I want to give you a…
Individual Preferred Shares vs. Preferred Funds
So you want to start investing in preferred shares, huh? I am a massive fan of preferred shares because of the high yields and fixed income. My journey with preferred shares started with the book “The Billionaires’ Secret” and continues with articles by Rida Morwa on SeekingAlpha. I am utterly obsessed with preferred shares after…
Wiping the Debt of Christmas Past
Christmas is when we overindulge, over-travel, and, worst of all, overspend. However, racking up credit card debt during the holidays can leave us in a challenging situation for years. We live in a consumer-focused nation that thrives on spending in the economy. I love the holidays as much as everyone else, but we have to…
I’m Obsessed with Money: And You Should be Too
I love money. I love having money, making money, and growing money. Society attempts to tell me I am terrible for caring about my money. The only way to stop caring about money is to become obsessed with it. Once you figure out how to live below your means, save money, and grow your income,…
Earning $1,100 a Month in Dividends
Last month my wife and I crossed $1,100/month in dividend income. It feels incredible to hit this point in our journey, and we plan to keep the party going. I am 41 years old, and I cannot fathom how much we will earn in dividends by age 70. It truly is an experience worth sharing…
The 4% Rule vs. Dividends
Typically, people want to avoid getting into the weeds of investing. The 401K program promotes this behavior by allowing people to “save” for retirement. Within a 401K program, the fund manager will collect your money and invest it into various asset classes. Most people choose target date funds as their vehicle of choice when saving.…
Investing for Interest 110: Bond Buying is Back Baby!
It’s been an exciting year thus far in 2022. Yes, the market is in full retreat, and we are moving into a downturn and recession. However, this opens up new possibilities for our investment portfolios. With the rise in interest rates comes a chance to obtain high-quality bonds at great prices. Bonds haven’t been this…
Live Your Best Life with Dividends
Do you ever dream of living a rich lifestyle? Do you want to maneuver through life without worrying about money? Anyone can achieve these dreams, but we must change our world view. You don’t reach complete financial freedom while working a job. The truth is that freedom comes when other things perform the work for…
Vacation Dividends: Use Dividends to Pay for the Rest of Your Vacations
If you are like most people, you save for your vacations every year. The money you earn is the money you save. You can afford to pay for more elaborate vacations as you make more money from your job. What if I told you someone else could pay for the rest of your vacation? Yes,…
Dividend Growth Investing vs. Bond Growth Investing
The market is moving into a bear market, and the economy is moving into a recession. There is a lot of doom and gloom floating around, but there is a silver lining. There has never been a better time to invest in the last 20 years. Stocks and bonds have been beaten down so severely…
How We Plan to Retire on Dividends 4
Wow, the fourth time’s a charm. There has never been a more critical time to understand who you are as an investor. The bond and stock markets are in turmoil, and your only saving grace is your knowledge and education. We don’t know what the future holds for our economy, but we must still allocate…
