Motivation – Wealthy people do not concern themselves with those issues…

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:

Continue reading “Motivation – Wealthy people do not concern themselves with those issues…”

Dividend Growth vs. Total Return Strategy (Decisions, Decisions, Decisions)

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.

Continue reading “Dividend Growth vs. Total Return Strategy (Decisions, Decisions, Decisions)”

Simulation: 2017 Grads Avg Salary by Year for Career

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.

According to a Time article, the average starting salary for a 2017 college graduate is $49,785 and for engineers it is $63,036.

Let’s look at a simulation to see how your Salary will likely grow by your age.

Continue reading “Simulation: 2017 Grads Avg Salary by Year for Career”

Should I use Dividend Growth Investing? (Decisions, Decisions)

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 very interesting blogs of dividend investors (ex:  Mr. Free at 33, Dividend Growth Investor). and there are other viewpoints (ex:  Financial Samurai)

Let’s explore….

Continue reading “Should I use Dividend Growth Investing? (Decisions, Decisions)”

What really is passive income? (Real Estate and Boxing don’t mix!)

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.

Continue reading “What really is passive income? (Real Estate and Boxing don’t mix!)”

S&P 500 Dividends for Passive Income? (Decisions, Decisions, Decisions)

I am at a phase where I would like to start to increase passive income to get to a point where I can live off of it.  This will take years and good planning.  I have not focused on passive income up to now, and I will be exploring several options to increase passive income.

Today:  The S&P 500 Dividends

Since graduating college, I have saved a little each month in a Vanguard S&P 500 Index fund.  I took a finance class, and the professor recommended to  save in a S&P 500 Index fund before venturing into individual stocks or other investments.  He was a wise man and I appreciated the advice he passed on.

Are S&P 500 Dividends a good source of passive investment?

Continue reading “S&P 500 Dividends for Passive Income? (Decisions, Decisions, Decisions)”

Personal Finance is Confusing!

If you are like me, I’m sure you have a lot of questions about Personal Finance.  Here are a number of the questions I have had.  I will briefly share my thoughts about these topics in this post.

  • Should I even save or invest at all?
  • Should I invest in a 401k?  Pre-tax 401k or Roth 401k?  How much should I contribute?
  • Should I invest in a Roth IRA?  Should I invest in a Traditional IRA?
  • Should I invest in taxable accounts?
  • Should I invest in Individual Stocks, ETFs, or Mutual Funds?
  • Should I listen to the advice I am given?

Continue reading “Personal Finance is Confusing!”