Tag: Dividends
To Be Truly Free, You’ll Need $20,000/Month Passive Income
That’s right, $20,000/month in passive income will be enough to set you and your family free from the tyranny of the workforce. Keep in mind; this is living a down-to-Earth, “below your means” lifestyle. If you want the full “American Dream,” you will need much, much more. Why did I decide to put a number…
I Have Everything I Want in Life… And Then Some
There are rare moments in life where you can truly appreciate everything you have worked towards. Whether it is coming home from deployment or surviving cancer, you will know when it hits you. I have had many of these moments throughout my 22 years in the Marines and 15 years of marriage, but none may…
My 24 Favorite Blue Chip Stocks
Ah, the magic of blue-chip stocks cannot be understated. Not only can they provide steady growth, but also excellent dividend growth as well. These two factors make them compounding powerhouses. Now, if only you could discover some of the best blue-chip stocks out there. I am here to help, but before I go into my…
Blue Chip Stocks: Tasty Growth and Yummy Dividends
Building a dividend portfolio is one of the most rewarding adventures that you can choose to partake in. Watching as your stocks start to not only grow but pay you dividends can be an exciting way to spend the month. We recently talked about adding index funds to your dividend portfolio, and I explained why…
$1,000 Dividend Spending Spree
My wife and I rarely spend much money on ourselves. We have never been the type just to go out and spend a ton of money out of nowhere on stuff that means nothing. But, ever since we began our journey to financial freedom, we have become even tighter with our spending. If you gave…
The Magic of Dividends: Guilt-Free Spending
Did you ever have a best friend that you could count on through thick and thin? Isn’t it great to be able to trust someone and make decisions based on that trust? Well, there is a way to rekindle that trust in the form of monthly income. Having monthly income coming in consistently is like…
Love Income: Try Closed-End Funds
I think that closed-end funds are my favorite products on the stock market. They aren’t very sexy, and they don’t give me sky-rocketing capital gains, but boy, do they get the job done. And what job is that? Their job is to give me large amounts of income. I use closed-end funds as the anchor…
Dividends vs. Royalties part II
I’m back for another installment of the Dividend vs. Royalties experiment. I did not re-read part one because I want to ensure the most up-to-date emotions I carry about these passive income sources. I have been having a great time watching my dividends and royalties grow over the last five months. Every day I think,…
Compounding: The 8th Wonder of the World
The seven wonders of the world are the most magnificent creations ever bestowed upon the Earth. I guess there are different versions of what people consider the seven wonders of the world. Here is an article I read about the new seven wonders. I like when the Grand Canyon is included in the list because…
Hustle in Your 20s and 30s, Enjoy Your 40s and 50s
This topic is going to be a tough sell to most people, especially young people. Somewhere along the lines, we started convincing young people that they shouldn’t even attempt to get their act together until age 25. By my calculations, that leaves seven years of wasted time between ages 18-25. I chose this topic specifically…
How We Plan to Retire on Dividends part 1
Retiring on dividends is a dream come true for many people. On the other hand, many have never heard of dividends. I never heard of dividends until I was the age of 38 years old. I became fascinated with the words passive income when I was overseas, and the idea of living off investments was…
Mailbox Money: The Power of Dividends, Royalties, and Rents
Getting your paycheck deposited into your bank account is a great feeling. Even better is the sensation when you don’t have to pay off debt. Receiving your wages feels so great because you earned your pay— it was your hard work that got you that check in the first place. But what does it feel…
Boring Investing is Good Investing
The stock market is always an exciting place with which to be involved. There is the hustle and bustle of news, trading, commodities, earnings reports, and scandals. Every day something new is jumping off, and something different is happening. Amidst all this excitement, it can be hard to distinguish the truth about investing. The stock…
Preferred Shares 103: The Rule of 72
Another day, another preferred to buy. After reading Preferred Shares 101 and 102, you should be well-versed in why we are buying preferred and which types of preferred we are targeting. As a recap, we are looking for preferred shares that are “Cumulative Redeemable Perpetual and Fixed.” Before we jump into the Rule of 72,…
Dividends vs Royalties part I
We rarely compare Dividends and Royalties together. One requires money to produce, and one usually requires time to create. But are they equal? Do you need both? I will get into these questions throughout this series. This topic came about because I started to get my first royalties from my Kindle Magazine that I have…
A Financial Account that Pays You Big Money? Is it Possible?
Yes, you read that correctly. There is a financial account that pays you money. Good Money. Not only does it pay you, but it also increases the value of your account as well. Does this sound too good to be true? Well, it is more than possible. All that is required is a little financial…
Dividends vs. Capital Gains
Dividends vs. Capital Gains is the battle of the ages. But which one is more effective in building generational wealth? Which one will make you rich? The answer, like most answers, is in the eye of the beholder. Let’s start by giving a quick definition of each. Dividends are a portion of the profits of…
2021: The Year of Dividends
To quote myself, “Family plus passive income equals the American Dream.” Having passive income coming in allows us to spend our time however we like. Passive income is our freedom from the workforce, the freedom that we can then spend with family. So if we plan on truly spending time with family, we have to…
All I want for Christmas: Family + Income
Family is about love. Passive Income is about family. All of these ideas are linked together. Passive income gives us the capability to spend our time as we like. It is our financial independence that allows us to spend as much time with family as we can. Bringing the family together for the holidays is…
Stock Market Investing 103: Appreciation/Dividend Method
Right now we have two choices on how to invest in stocks, we can either passively invest in index funds via the Captial Appreciation Method (101) or we can actively invest in dividend-paying stocks via Dividend Growth Investing (102). They both have their pros and cons. You can reach your financial independence goals faster through…
