Money and Finance
Plans for Financial Independence
Most of those that visit my blog are working towards a specific end goal, I know I am. That goal for the majority of us is financial independence. Financial independence can mean different things to different people. To me financial independence is the ability to have enough passive income coming in to cover your monthly expenses. This opens up your options which is what we all want. To not be a slave to the office because we have to.
Passive income can come from a variety of places such as rental real estate, interest on cash, you can set up target websites to profit from web traffic/advertising, write and sell an e-book, P2P lending, my personal favorite dividend growth investing, and many other possibilities. There's plenty of other passive income opportunities with a varying degree of passivity. Most passive income sources require a large amount of initial work and then you get to reap the rewards over time. The reason that dividend growth investing resonates with me is that it provides a reliable source of income that will grow over time. Some passive income sources, e-books for one, don't provide the important factor of growth. They usually have an initially high income that tails off, but that's not the case with dividend growth investing. If you select your companies properly they will continue to grow over the long term and you can reasonably expect your dividend checks to grow year in and year out like clockwork.
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Why Dividend Growth Investing Is Awesome!
There's lots of reasons to love receiving dividends from your portfolio. For starters they are a truly passive income source. You don't have to go around making sales calls or doing paperwork for the company. All you have to do is invest...
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Interview By Kanwal From Simply Investing
The following is an excerpt from the interview that I had with Kanwal. The full interview can be found at the Simply Investing website. I recently had the honour of interviewing the blogger behind the awesome blog Passive-Income-Pursuit! Passive...
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Dividend Update - February 2014
February has come and gone and now it's time for again for my favorite monthly update, my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits and I hope can help inspire you to take control...
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What's Been Causing My Frustration: Rental Propportunity
The name of my blog is Passive-Income-Pursuit and up until now it's been focused solely on investing in some of the best companies in the world in search of dividends and dividend growth. Well it's time to branch out a bit to cover another form...
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August Progress
I started tracking my passive income this summer. My June passive income was $261.00 My July passive income was $209.67 In August I bought more shares of MCD, GSK, and a new stock EC. I received $118.36 in Dividends income My dividend...
Money and Finance