Money and Finance
Last month I asked you all for some help with getting some of my relatives interested in dividend growth investing. The idea of this comes from my desire to help and teach and also the simple fact that time in the market is extremely important. My wife and I have a child on the way and I have 1 cousin that's a freshman in college, 2 in high school, and 4 more that are elementary school age or younger. With at least a decade of compounding for the majority of them that's a huge advantage. Even if it's just $100 dollars that's plenty to show the power of compounding and dividend growth investing.
My plan is to sit down with the 2 oldest, when I get the chance, and ask them about investing and help guide them. I won't pick the company for them but I do plan on steering them towards the dividend growth companies that are available. The biggest issue that I see is that dividend growth investing is a long term process so the right company is of utmost importance. The company needs to make a product that they know, use, and see on a daily basis. There's more established and more stable dividend growth companies out there but in order to keep their interest it has to be something that they will be interested in. Unfortunately that probably eliminates companies like Chevron, ExxonMobil, Johnson & Johnson, Procter & Gamble, or Realty Income. Unfortunately those companies aren't exactly the "sexiest" ones out there.
Read more »
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Dividend Growth Checkup
As part of my annual review process for my portfolio, I read through the latest quarterly or annual reports for the companies I own, as well as checked up on the organic dividend growth for each position and for the portfolio as a whole. The dividend...
- Dividend Growth Checkup
A little over a year ago I wrote a post discussing how to properly calculate the dividend growth rate of your portfolio. Most likely each company you own makes up a different weight in your portfolio so just using a straight average won't suffice....
- Weekly Roundup - September 15, 2012
Well another week is in the books so that means it's time for another weekly roundup of blog links and articles that got me thinking. So here goes. Trading Vs. Investing Dividend Mantra wrote about the difference between trading and investing...
- Project: Dividends Stocks For Teenager Part 2
I wrote here about my Dividends Stocks project for my teenager daughter. Our update We discussed list of stocks I picked for her. I promised that if by the time she will need this money for college her portfolio still will be lagging...
Money and Finance
How To Get Someone Started: Part 2
Last month I asked you all for some help with getting some of my relatives interested in dividend growth investing. The idea of this comes from my desire to help and teach and also the simple fact that time in the market is extremely important. My wife and I have a child on the way and I have 1 cousin that's a freshman in college, 2 in high school, and 4 more that are elementary school age or younger. With at least a decade of compounding for the majority of them that's a huge advantage. Even if it's just $100 dollars that's plenty to show the power of compounding and dividend growth investing.
My plan is to sit down with the 2 oldest, when I get the chance, and ask them about investing and help guide them. I won't pick the company for them but I do plan on steering them towards the dividend growth companies that are available. The biggest issue that I see is that dividend growth investing is a long term process so the right company is of utmost importance. The company needs to make a product that they know, use, and see on a daily basis. There's more established and more stable dividend growth companies out there but in order to keep their interest it has to be something that they will be interested in. Unfortunately that probably eliminates companies like Chevron, ExxonMobil, Johnson & Johnson, Procter & Gamble, or Realty Income. Unfortunately those companies aren't exactly the "sexiest" ones out there.
Read more »
- Recent Buy
Whenever I make a new purchase for my portfolio I feel it's only fair to get a post written giving all of the juicy details. I want to be as transparent as possible with my journey to reach financial independence through dividend growth investing....
- Dividend Growth Checkup
As part of my annual review process for my portfolio, I read through the latest quarterly or annual reports for the companies I own, as well as checked up on the organic dividend growth for each position and for the portfolio as a whole. The dividend...
- Dividend Growth Checkup
A little over a year ago I wrote a post discussing how to properly calculate the dividend growth rate of your portfolio. Most likely each company you own makes up a different weight in your portfolio so just using a straight average won't suffice....
- Weekly Roundup - September 15, 2012
Well another week is in the books so that means it's time for another weekly roundup of blog links and articles that got me thinking. So here goes. Trading Vs. Investing Dividend Mantra wrote about the difference between trading and investing...
- Project: Dividends Stocks For Teenager Part 2
I wrote here about my Dividends Stocks project for my teenager daughter. Our update We discussed list of stocks I picked for her. I promised that if by the time she will need this money for college her portfolio still will be lagging...