Money and Finance
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 in some of the best companies in the world and collect the checks. Even better is that many companies increase their dividend payment each year which is a nice bonus since it means you get to collect even more money just for having an ownership stake.
A passive income source that tends to grow each year is right in the wheelhouse of those that are pursuing financial independence. Financial independence is when your dividends, or other passive income sources, are higher than your expenses. That gives you the freedom to pursue whatever it is your heart desires. Whether it's writing the next great American novel, volunteering, spending time with family, doing extensive travelling, changing careers to something that might be more emotionally rewarding but not as financially rewarding as you need for your lifestyle. The possibilities really are endless whenever your expenses are covered without having to commit 1/3 or more of your day to work.
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The Intersection Of Dividend Growth Investing And Financial Independence
Tired of working under fluorescent lights day in and day out? Well besides winning the lottery the only way to get away from working 9-5 til 65 is to spend less than you earn and invest the difference. Most of the blogs that I follow are focused...
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Weekly Roundup - January 18, 2014
It was yet another busy week for myself. I had to head back to work and away from home Monday afternoon. And of course that meant lots of work right away and then drill then a break and then lots of work again. But this just continues to reinforce...
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Margin Of Safety With Financial Independence
I know I'm a little early on this since I have a few more years until I reach financial independence; however, it doesn't hurt to at least have the ideas floating around beforehand. There's a few school's of thought on early retirement....
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Income Update - September 2012
September was an okay month for my spending. I let my expenses creep up higher than where I would like but I was still lower than my average for the year so far. My minimum expenses for September ended the month at $1,422.25. This brought my average...
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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