Tag: Dividends
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…
Stock Market Investing 102: Dividend Growth Investing
Do you want to get a paycheck while you are relaxing on the beach? How about receiving money while you are traveling on an airplane? These scenarios can be the result of successful dividend investing. Dividends are a portion of the profits of a company that you own stock in. The basic idea of investing…
Mo’ Dividends Mo’ Problems #1
Let’s see what dividends we were paid in October 2020. My goal is to get to $1 Million which would yield roughly $40,000 a year of dividend income. Looking at numbers is boring to some, but to the dividend investors, these are super exciting. Hopefully, you begin to enjoy looking at these numbers and start…
How to make a $1000 a month from dividends
Dividends are an amazing wealth-building vehicle. Not only are they passive income, but they are also taxed at a lower tax rate than earned income (remember earned income pays federal tax as well as social security taxes as well). In order to generate dividend income, you will need to invest in dividend-paying stocks or dividend-paying…
I will use dividends to supplement my retirement
As a Marine of over 21 years, I know that my military pension will be substantial. In fact, my wife and I can easily live off of this retirement alone. On top of our military pension, we will also have rental income from our properties. To be honest, we are pretty much set for retirement.…
How I do my dividend investing
The way I do my dividend investing is a little unorthodox. First, I have a nice military pension coming my way when I retire. This gives me enough cushion to invest how I please. When you create your own plan, cater it to your specific needs. I have 4 distinct ways I invest in dividends…
