Money and Finance
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 of passive income. I'm sure most of you have noticed by now that I'm excited about some of the rental property opportunities, or propportunities, that I've been finding. This is a big goal of mine for the year as interest rates continue to be low in a historical perspective and the monthly cash flow can be awesome thanks to using leverage, i.e. debt. I'm sorry if I've been bombarding all of you in my comments and posts but I'm trying to keep the goal fresh in my mind to keep me from running through my cash.
Of course the markets decided to sell off so far in 2014 and finally we're seeing some great values in the market. I've already made several purchases including shares of Chevron, Target, Phillip Morris, and on Monday I picked up some Unilever (UL). There's so many more companies that I want to add to in order to average down my cost basis, but doing so depletes my capital for the rental property. I'm leaning towards adding some shares of Phillip Morris because I'm currently down over 10% on the position so it's a great chance to lower the cost basis. I wanted to share with all of you one of the propportunities that I've found and why it's causing some frustration for me.
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....
- 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...
- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
To close out May, I decided to go on and purchase some shares of Chevron. I've been eyeing shares for a while now and finally pulled the trigger. I think I was early on the purchase because there's still about 2.5 more months until the next...
- Recent Buy
After adding to my Target position, I also initiated a new position in Phillip Morris (PM) this morning by picking up 25 shares at $84.43 each. If I was able to be near my computer at the open this morning I would have been able to get the shares a...
Money and Finance
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 of passive income. I'm sure most of you have noticed by now that I'm excited about some of the rental property opportunities, or propportunities, that I've been finding. This is a big goal of mine for the year as interest rates continue to be low in a historical perspective and the monthly cash flow can be awesome thanks to using leverage, i.e. debt. I'm sorry if I've been bombarding all of you in my comments and posts but I'm trying to keep the goal fresh in my mind to keep me from running through my cash.
Of course the markets decided to sell off so far in 2014 and finally we're seeing some great values in the market. I've already made several purchases including shares of Chevron, Target, Phillip Morris, and on Monday I picked up some Unilever (UL). There's so many more companies that I want to add to in order to average down my cost basis, but doing so depletes my capital for the rental property. I'm leaning towards adding some shares of Phillip Morris because I'm currently down over 10% on the position so it's a great chance to lower the cost basis. I wanted to share with all of you one of the propportunities that I've found and why it's causing some frustration for me.
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....
- 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...
- Recent Buys
Last week was quite a busy week for both my FI Portfolio and my Roth IRA. I made 3 purchases between the two accounts and while that hurts my capital raising for an investment property, I felt all 3 represented good value at the time so I went ahead...
- Recent Buy
To close out May, I decided to go on and purchase some shares of Chevron. I've been eyeing shares for a while now and finally pulled the trigger. I think I was early on the purchase because there's still about 2.5 more months until the next...
- Recent Buy
After adding to my Target position, I also initiated a new position in Phillip Morris (PM) this morning by picking up 25 shares at $84.43 each. If I was able to be near my computer at the open this morning I would have been able to get the shares a...