Thursday, October 2, 2014
Monday, September 22, 2014
Monday, September 1, 2014
August has ended and it is time to tally up the dividends received for this month. I am anticipating I will likely fall short of my goal this year in total dividends of $2700. This is mainly because my buying has been put on hold for a couple months because of the cost of school and books these days. I hope to be more active with acquiring income producing assets in the near future, but have been kind of stuck lately. I will at least get rid of my car payments altogether in September and own it. That eliminates about $210 a month out of the expense category. The nice thing about this strategy is most of my dividend stocks are being reinvested in additional shares. The portfolio continues to chug along with higher totals and share amounts without me at times. Once it is set up compounding can really take effect and if you are in a position to add more fresh capital you can reach Financial Independence that much faster. I encourage everyone to keep on going down this path. I hope we all get there and achieve our goals.
Wednesday, August 20, 2014
- If everyone knows saving is good and you should not spend more that you make why is America the way it is? I think it comes down to people’s wants being prioritized more than their needs. I get it and think it is great to have nice material possessions, but not at the expense of being a slave to lenders with debt. People are not being taught responsibility as well as they should and seem to want more for less work.
- If you were an old billionaire (say $10 billion) would how would you split up your money between family and other things important to you? That is a tough one I’d probably make sure family is taken care of. I’d likely donate some income to great charitable organizations as well. A lot of it though would still be invested I think because I just find a lot of enjoyment in researching stocks and staying in the game for the long haul. With that amount of money the income it would throw off would be enough to do a lot of things to help in much needed areas.
- Is a house a worth it? I don't see many super frugal people blog about owning one. To most I would say a house is definitely worth it. The value used to go only up for a long time. Lately it has been harder to realize the benefits of it. It takes a lot of work and money to fix things, but in the end especially if you have a family and kids owning a home as opposed to renting a apartment is worth it if you can afford to in my opinion. Condos are not too bad idea if you can get into the market while prices are depressed.
- How much time do you research stocks you invest in? Got me with that question. I am constantly researching stocks and trying to keep up to date with all the news. There are so many companies to monitor and research for prospective and current investment candidates. I would say maybe 50 hrs or so a week on average. I enjoy it though and it’s not like I have a boss forcing me to do it.
Here are a few questions for them:
Sunday, August 3, 2014
We now have 7 months on the books for 2014 and it is time to update my dividend progress for July. We have started to get a correction to end the last two days of July and looking forward to what the markets can bring us here in August. The dividends steadily rolled into the accounts buying me more shares. I have not been buying too much lately so it is mostly the compounding effect powering the totals a little bit higher from my April total. I expect next month to be a similar total and September to be a better month like it is for most of my fellow DGI investors. August I am expecting to receive two dividend from GLAD for some reason they are paying one the 5th and another the 29th instead of the last day of the month of July like it usually has done for many months.
How was you your July? Hope you are doing well in August!
Thanks for reading.
Thursday, July 31, 2014