Tag: Dividends
Bonds for Mom: A Low-Risk Retirement Plan for Mom
As our mothers increase in age, chances are they will receive some kind of windfall. This can be from an inheritance, a life insurance policy, downsizing a home, or cashing in a 401K. As the son or daughter, you will want to ensure this money lasts until the end. Most people will turn over the…
What is Your Net Worth? How Long Can You Survive Without a Job?
Net worth has become a status symbol; apparently, if you are a net-worth millionaire, that is supposed to mean something. However, having a high net worth doesn’t necessarily mean you are wealthy. There is a massive difference between static and functional wealth. Today, let’s determine your net worth (and mine’s) and see how this money…
Feel Special with Special Dividends
Every day as an income investor, makes my life more enjoyable. It’s incredible to receive money from thin air. I didn’t grow up with a lot of money and worked hard to provide for my family. I have worked for the US Government (as a Marine) for over 23 years. I fully appreciate the hard…
Preferred Shares vs. Common Stocks
There are tons of securities you can buy on a given day. So knowing what you are buying and why you are buying it is vital to long-term success. Most investors will purchase common stocks inside their various portfolios. However, many other options exist, including treasury bonds, Series “I” Bonds, closed-end funds, and mortgage REITs.…
Are You a Dividend Growth Investor or an Income Investor?
How do you like to see your money? This is at the heart of the question, “Are you a Dividend Growth Investor or an Income Investor?” If you like to see your investments always (most of the time) in the green, then you’ll probably lean towards Dividend Growth Investing (DGI). If you want to see…
Income to the Moon: Income Investing Your Way To Retirement
Saving for retirement is boring. Somehow, at age 25, you are supposed to prioritize your retirement planning over buying a flashy car. This rarely works in reality because it’s a tough pill to swallow. However, there is a different way, but it will take a complete shift in mindset. What if I told you that…
The Biggest Book on Passive Income Ever 3!
What is the point of working hard to build passive income? Couldn’t we achieve the same results by getting a high-paying job? Yes and no. Money is money, no matter how it arrives in your account—this is true. But the magic of passive income is you can do whatever you want as it grows inside…
LBYM: Live Below Your Means and Increase Your Savings Rate
“Living below your means” gets a bad reputation. People hear these words and assume you need to eat grits, make honey sandwiches, and recycle toilet paper. But that’s not the case at all. Living below your means simply means creating cash flow through your household. It also means that you do not subscribe to the…
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…
