Tag: Dividends
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…
From Dirt to Dividends 5: Use Composting & Dividends ETFs To Supplement Your Homestead
Life is good on our wealthy homestead, so welcome back. Here, we live off the land while becoming rich on dividends. It’s not a bad deal to convert nature into cash flow. This piece is part five of the From Dirt to Dividends series (Part 1, Part 2, Part 3, Part 4). Previously, we have…
From Dirt to Dividends 4: Use Community Farming & Mortgage REITs to Supplement Your Homestead
Just because we are off on our homestead doesn’t mean we have to be alone. In fact, homesteading is all about community and teamwork. Welcome back to the From Dirt to Dividends series (part 1, part 2, part 3), where we discuss moving away while becoming rich. Today, I will explain how we can use…
How We Plan to Retire on Dividends 3
I am six months closer to retirement since I published the last article in this series. My dividend portfolio is a shining example of what can happen when you decide to focus on something truly. I am (with my lovely wife, of course) going to achieve $1,000 in dividends this month. Now, let’s take a…
Dividends vs. Social Security
If you are under 50, don’t fall for the social security trap. You still have time to save yourself and build a fantastic retirement. “What is this trap?” you ask. If you are planning for social security to be your primary source of retirement income, you are in the deadliest trap of them all. You…
From Dirt to Dividends 2: Use Livestock and Closed-End Funds to Supplement Your Homestead
Going off-grid is a fantastic accomplishment. However, building a homestead close to the city is just as awesome. You get the benefits of farm living and still have a Wal-Mart nearby. This is part 2 of my Dirt to Dividends series (Part 1), where I discuss growing our farm and retirement nest egg concurrently. Today,…
Tiny Dividends: Can You Retire on Dividends from Index Funds?
Today’s topic will make you think, so put on your exploration hats. I have never seen a subject like this before, so we are charting new territory and hunting some sacred cows. Let’s begin. Typical index fund retirement. The standard index fund retirement involves savers (not investors) piling their money into various index funds. Most…
From Dirt to Dividends: Use Gardening and Preferred Shares to Supplement Your Homestead
Homesteading is about freedom from the world (large) and the daily grind (small). However, there is one thing that we will never be free of—money. Thus, we need to prepare financially before we run off into our homesteading haze. You must be thinking, “what a weird article.” In my last article, “How to Defeat Creator’s…
Inflation Ate My Paycheck 103: Creator, Investor, Tycoon, Entrepreneur
Inflation is going to push our lives to the extremes. Either we will learn new skill sets and thrive or die on the vine. Those two options leave us little room (or time) to fall behind. I am all about learning new skills, pushing our brains, and building an audience. Is it easy? No. Can…
TSP vs. Dividends
In a perfect world, all investing options would be equal. The universe would understand your intent and spit out the results of your wish. Unfortunately, that is not the case. We must micro-manage our investing habits to get the best results. The Thrift Savings Plan (TSP) versus a standard brokerage account is a touchy subject…
Retirement Plus: Use Dividends to Supplement Your Retirement
How is your retirement looking? Do you have cash flow that also increases with inflation? Do you depend on the government to supplement your 401K with social security? How much money do you need the day you retire? Does that amount look the same 20 years into retirement? Retirement is a sensitive subject for most…
Freedom Calls: No Freakin’ Way I Am Working 25 More Years 2
Can you imagine waiting until age 66 (according to current social security protocols) to retire? Currently, I am 41 years old, so that would be another 25 years of grinding in the workforce. Do you know what I say to that scenario? No freakin’ way!! I am not spending another 25 years going to work,…
Easter -Nest- Eggs: Build a Dividend Growth Nest Egg
I used to love searching for easter eggs during the Easter Season. My mom would lay out many eggs around the yard or church, and we would run around looking for candy-filled eggs. Childhood memories bring us these incredible feelings of joy and happiness. I am grateful to my parents for ensuring we had moments…
