Tag: Dividends
Dividend Investing in Your 70s
Is it too late to start dividend investing in your 70s? Of course not. Plus, you will have to find a way to keep your 401K and Roth IRA growing throughout retirement and beyond. Welcome back to the Dividend Investing at Any Age Series (20s, 30s, 40s, 50s, 60s), where we build investment strategies for…
Don’t Gamble with Retirement 8
My, how time flies. I can’t believe I opened my website over two years ago. I began publishing books on Amazon in early January 2021. I released the book “Don’t Gamble with Retirement” on February 13, 2021. I say this because it is time to celebrate. My retirement plans (along with my lovely wife’s) are…
Fruits of the DGI Tree
When you do it correctly, dividend growth investing is a boring hobby. You pick 15-20 blue-chip dividend-paying stocks and keep investing in them for over 30 years. You hardly need to review your portfolio, check the stock markets, or read the news—you only need to stay the course. However, what you are building is of…
The Dividend Debit Card 2
My Dividend Debit Card has been popping off recently. I am getting close to $200/month on my Cash App Debit card—which I refer to as my Dividend Debit Card. More importantly, my wife has a Dividend Debit Card, and she loves getting her fresh cash flow monthly. It’s a great system and puts your money…
Dividend Investing in Your 60s
You worked hard over the last 30 or 40 years in the workforce. Even better, you saved a large amount of cash in your 401K and Roth IRA. Conventional wisdom says you should slowly drain your account using the four percent rule. Today, I offer a different method to make your money work for you—dividends.…
Dividend Investing in Your 50s
If we started investing in our 20s, 30s, or 40s, our 50s should be a time to focus on setting up our children. There are many ways to set up our children, but one of the best is building them a dividend growth investing portfolio. We used income investing in our early years because we…
Dividend Investing in Your 40s
This is it! Your 40s are your prime earning years. This timeframe is when you have the most control of your body and your mind. You should be earning massive amounts of money during your 40s. If you aren’t there yet, let’s start with that, then move on to dividend investing. Welcome back to the…
Income Investing vs. Index Funds
With the swift downturn of the stock market in early 2022, things changed for near-retirees. They watched as their 401Ks and index funds quickly lost 30-40% of their value. Index funds track the markets, for good or bad. They typically give some of the best long-term returns outside mega companies like Amazon (AMZN) and Google…
Dividend Investing in Your 30s
I’m not going to lie; dividend investing will be tough in your 30s. Your 30s are the most expensive times in your life. Not only are you trying to get your (financial) act together, but add a family on top of everything. Therefore, the best way to invest during this time is to keep your…
Dividend Investing in Your 20s
If you are in your 20s or even 30s and reading this article, you are well ahead of the power curve. You just have to keep your eye on the prize and “don’t fumble the bag.” I say this because you have time on your side. The main element of the power of compounding is…
Dividends! Now More Than Ever
Financial markets are in turmoil, gas prices are through the roof, and we are preparing for a recession—how do we survive? First, calm down; it’ll be okay. Next, we must devise a plan to set ourselves up for financial success. We know that our jobs will not increase our salaries to match inflation. So, what…
The Magic of Leverage
Leverage is everything in life. To understand how the world operates, you must start seeing the world through who has leverage. Who has the leverage if I want to install a vending machine inside a restaurant? The restaurant owner has the power, so I need to approach this person accordingly. I need to anticipate how…
Buy The Dip! The Magic of Averaging Down
Have you ever bought an outstanding stock at a wonderful price and been proud of yourself? These are the times when we are happy to be investors. However, a bit of bad news in the markets turns your premiere investment into a big flash of red. The price plummets, and now you don’t like looking…
Retirement Planning for the Average Person 4
The average person needs to have a plan for retirement. Yes, this means that you actually need to formulate a path towards getting older and surviving. Retirement is coming for all of us, and no one is coming to save us. Social security is NOT a retirement plan. It’s a questionable backup resource—at best. I…
Join Up! Time to Sign Up for the Military
The military is a great place to beat a recession. I have been in the military during the recessions of 2000, 2008, 2020, and now 2022. But, the military offers so much more. I joined the United States Marine Corps in June 1999 and haven’t looked back. I am currently at 23 years and will…
Choose Your Passive Income Adventure 3
Life is as simple or complex as we choose to make it. Unfortunately, if you want to make a lot of money, you will need to complicate your life. Building passive income requires knowledge, but that doesn’t mean it has to be difficult. Many people have limiting beliefs that prevent them from earning dividends, rents,…
The Magic of Cash Flow
Cash flow is the river of income that keeps a business afloat and running smoothly. Cash flow is the lifeblood of a household that allows everyone to flourish and succeed without daily financial stress. What is Cash Flow? Simply, cash flow is the difference between your income and expenses. The more cash flow you generate,…
Overcoming Limiting Beliefs 102: Investing in the Stock Market
Everyone should have at least a small presence in the stock market. However, I understand most people have a paralyzing fear of losing money. Thus, when it comes to investing in the stock market, a couple of paranoias are at play. First is the fear of losing money, and the second is the lack of…
How to Make $500/Month in Dividends
Can $500 a month in free income change your life? I can speak from experience that dividends can change your life and your entire outlook on the future. Once you start building a dividend portfolio, you’ll wonder why you hadn’t started sooner. Of course, it costs money to make money with dividends. If you don’t…
From Dirt to Dividends 6: Use Verimculture & Blue Chip Companies to Supplement Your Homestead
I’m feeling mighty wealthy today. That is because I have dividends coming in from all sorts of high yield products, such as closed-end funds and preferred shares. Currently, I am still working; however, I will retire, and my dividends will continue to pour into my accounts one day. With dividends incoming, I can spend my…
