I bought a house for $2500 a few years back at the tail end of the real estate downturn. I was surprised (as I’m sure you are!) when I found it available. I bought it directly through the county office, as the previous owner did not pay their taxes. When you buy a property like this, you don’t know what you are really buying until you own it as you can’t go inside. When I bought it, I was wondering if I made the right decision.
From my recent post on midyear goals, I stated that I wanted to direct contributions into more dividend and dividend growth stocks. By wanting to increase my passive income, I am directing a higher percent of my monthly contributions towards dividend stocks. In this post, I will discuss my approach.
How did I buy into 500+ Dividend and Dividend Growth Companies?
Now Independence Day (4th of July) has now come and gone. It is a good time to reflect on the history of the country, including the sacrifices veterans have made for our freedom.
It is also a good time to reflect on the the first half of the year and to set 2nd half goals.
I admit I am a frugal person. One of the ways I am frugal is that I cut my own hair. Yes, I admit it…and you did read that correctly….I cut my own hair. This started when I was in college and had to make the choice between pizza or paying for a haircut. The pizza won out!
I am always looking for opportunities. Using a saved Zillow search, I came across a townhouse near the coast that caught my attention (not ocean front…I can’t afford that!). It had a good location, good rental history, and a reasonable price.
I contacted the listing agent to get more info including getting info on the townhome HOA/Regime fees, taxes/insurance, and about any special hurricane insurance needs. I received an unusual response:
So here I am again, working to determine the investment strategy I want to follow to hopefully lead me to a path of financial independence. This post will tackle something that I have wondered… Which strategy is better? Dividend Growth or Total Returns? I know there are a lot of passionate bloggers for each approach. This post will explore my thoughts and an analysis to help me think about it.
Congrats to the Class of 2017! I hope you find have found jobs that will be challenging and will lead to a long career in your chosen area.
This post explores the likely progression of your salary over time.
Let’s look at a simulation to see how your Salary will likely grow by your age.
One of my favorite restaurants is Chipotle, and it is one of the favorite restaurants of Millennials.
I always try to figure out the best deal when I go to a restaurant, and there is a good way to enjoy Chipotle and not break the bank.
Here is my method:
I am continuously working to adjust my investing style. I wanted to have a post to investigate Dividend Growth Investing.
There are a number of potential ways to generate income, including a job working for someone, working for yourself, investing in real estate, investing in the stock market, side hustles, peer to peer lending….. You get the picture.
My definition of Passive Income is money that makes itself, without any effort required. It is truly having your money work for you.