Wednesday, November 29, 2017

3 Passive Income Opportunities Everyone Should Consider

Passive income is the best, isn’t it? Getting money you don’t have to work for gives us so much more free time, security, and general peace of mind. But passive income doesn’t just happen. It takes a lot of work to set up and maintain. Fortunately, if you understand how passive income works, you’ll be able to set up systems gradually which will eventually give you a great deal of money in the future. With luck, you could get to a point in life where you don’t have to work to live and can use your time for any other purpose you can think of. Here are three of the best ways to create passive income streams.

Real Estate - Rental properties are one of the most reliable ways to create passive income in the entire world. They do more than create income, as well. When you have renters, these people give you the money you need each month to pay off your mortgage. Every cent of these mortgage payments is saved as equity, or the portion of your house’s value which would go to you if you were to sell it. If you pay off your house, you have 100% equity.

Rental Properties can be new homes, multi-family properties, or subdivided units in your home that you live in. You can also rent out portions of your house for AirBNB and other room sharing models. If you have solid properties with reliable tenants, there’s pretty much no downside. It can take awhile to build up the money to buy even one house, but if you are able and you choose your property well, it’s likely to pay off for you in the long run big time.

Spread Betting - Spread Betting isn’t completely passive, but it’s so easy to set up that it might as well be. Spread betting lets users look at all of the major investable assets in the world, then choose one or more to make value predictions about. The user will try to guess how the price will change within a certain period of time. All the user has to do is make a spread betting account with ETX Capital. Then they’ll either begin to make demonstration trades, with no money changing hands, so as to test their spread betting skills risk free; or they’ll set up real spread betting contracts which could yield big returns if the prices change in the predicted directions. Spread bettors have to set up these contracts, but then all they have to do is wait. When time is called, they’ll either make money or lose money depending on how the prices actually changed. There’s not much effort involved at all.

Dividends - There are many stocks that give off dividends. Dividends are a way a company can use its profits, rather than pay off debt or invest in its operations. Dividends are a reward to shareholders for continuing to own the stocks, rather than selling them for something else. It takes a big portfolio to yield enough dividends to live on, but even a modest portfolio can provide extra income enough to change your budget and lifestyle for the better. There are many other ways to invest in stocks, bonds, and funds, but dividends is one of the most popular and well studied, which will appeal to a certain kind of investor.

Passive income isn’t easy to set up, and it may take more time and perseverance to realize than many people are willing to put in. But once you have it, your life will never be the same. Work for passive income and passive income will work for you.



Monday, November 27, 2017

One Raise at a Time | Becton Dickinson Turns 46

Concept of how dividend growth investing works, health care, real estate
Getting a pay raise while sitting on the couch?  Sign me up!  Thanks BDX for the dividend increase!
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends.  Just for owning a small portion of said companies.  Not going and doing R&D for new products or technology.  Not selling any products.  Not managing any employees or inventory.  Not making sales calls.  All I had to do was have the foresight to invest some of my savings in excellent companies.  That's dividend growth investing at work!  I mean who doesn't like getting a raise for doing nothing?  Dividend growth investing is far from a get rich quick investment strategy, rather you need to remain focused on the long term goal to be successful.

Monday, November 13, 2017

Making Progress | Net Worth Update - October 2017

net worth, balance sheet, equity, financial independence
October 2017 Net Worth Update
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates.  Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly.  As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.

September saw us cross a pretty milestone of $500k net worth and while October didn't have anything significant happen we were able to build on our net worth thanks to both a rising market and being back to positive cash flow.

During October our net worth increased $4,345.41.

Saturday, November 11, 2017

One Raise at a Time | Emerson Electric Goes For 61

Concept of how dividend growth investing works, health care, real estate
Getting a pay raise while sitting on the couch?  Sign me up!  Thanks Emerson Electric for the dividend increase!
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends.  Just for owning a small portion of said companies.  Not going and doing R&D for new products or technology.  Not selling any products.  Not managing any employees or inventory.  Not making sales calls.  All I had to do was have the foresight to invest some of my savings in excellent companies.  That's dividend growth investing at work!  I mean who doesn't like getting a raise for doing nothing?  Dividend growth investing is far from a get rich quick investment strategy, rather you need to remain focused on the long term goal to be successful.

Wednesday, November 8, 2017

Steady As She Goes | Dividend Update - October 2017

dividend growth investing, stocks, financial independence
Dividend Update - October 2017
It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.


Monday, October 30, 2017

One Raise at a Time | The Duck Quacks Again

Concept of how dividend growth investing works, health care, real estate
Getting a pay raise while sitting on the couch?  Sign me up!  Thanks Aflac for the dividend increase!
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends.  Just for owning a small portion of said companies.  Not going and doing R&D for new products or technology.  Not selling any products.  Not managing any employees or inventory.  Not making sales calls.  All I had to do was have the foresight to invest some of my savings in excellent companies.  That's dividend growth investing at work!  I mean who doesn't like getting a raise for doing nothing?  Dividend growth investing is far from a get rich quick investment strategy, rather you need to remain focused on the long term goal to be successful.

Friday, October 27, 2017

Bull Markets & Milestones | Net Worth Update - September 2017

net worth, balance sheet, equity, financial independence
September 2017 Net Worth Update
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates.  Since more and more of my net worth is tied to the markets, there's a larger correlation between my net worth and the markets but in the long run as I continue to save and invest the net worth trend should be higher even though short term fluctuations can vary wildly.  As a dividend growth investor I'm not overly concerned with the short-term gyrations as long as the dividend stream remains in tact, but the markets' effect is noticeable.

Well this bull market just won't seem to let up and our net worth has seen a fairly substantial increase since my last update.  At the end of April my net worth sat at $482,747.35 and through the end of September it's climbed another $17,651.48.  That pushes my net worth over the...drumroll........$500k mark!  Milestone!

During September alone my net worth increased $9,429.40.

Friday, October 20, 2017

One Raise at a Time | Dividend Growth Investing at Work - Visa

Concept of how dividend growth investing works, health care, real estate
Getting a pay raise while sitting on the couch?  Sign me up!  Thanks Visa for the dividend increase!
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends.  Just for owning a small portion of said companies.  Not going and doing R&D for new products or technology.  Not selling any products.  Not managing any employees or inventory.  Not making sales calls.  All I had to do was have the foresight to invest some of my savings in excellent companies.  That's dividend growth investing at work!  I mean who doesn't like getting a raise for doing nothing?  Dividend growth investing is far from a get rich quick investment strategy, rather you need to remain focused on the long term goal to be successful.

Wednesday, October 11, 2017

Personal Bests & On The Right Track | Dividend Update - September 2017

dividend growth investing, financial independence, freedom, dividends
Dividend Update - September 2017
I'm slowly getting back into the groove of things after my extended blogging absence, but things are getting back to normal...at least somewhat.  Unfortunately for me just as I was getting back in the saddle I was headed back home from work which is always a good thing.  However, time at home means time dedicated to taking care of the "honey do" list that grew while I was gone and of course spending as much time with my wife and daughter as I can.  So writing gets put on the back burner.  

I'm back at work now so hopefully I can get into a groove, but there's currently a trainee that's out here working with me which means I can't really spend too much of my time writing when I'm trying to teach someone.  

It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update.  These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund early retirement, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my dividend income or progress pages to see what dedication to an investment plan can give you.

Thursday, September 28, 2017

Since You've (I've) Been Gone...

Since this is going to be a recap post of how my portfolio has fared during my blogging absence I figured it was only fitting to do a little flash back to the early 2000s with the appropriately titled "Since You've Been Gone" by Kelly Clarkson.  



I was a bit more partial to Ted Leo's cover of the song during my college years, but to each their own.


Over the last few months I haven't been active in the blog world because life definitely gets busier with a 1 year old...and travel...and a new/old job...and hurricanes.  However, my absence from writing didn't mean that my portfolio took a break.  The whole time that I was gone my portfolio continued to go to work FOR me churning out dividends.  There's nothing quite like not working, but still getting paid.

Wednesday, September 20, 2017

I'm Back...


I'm finally back after taking the last 2.5 months or so off.  It feels good to be back although this wasn't so much of a choice as it just happened to work out that way.  While I haven't been busy with writing or even reading blogs, I've been very busy with "life".  

As many of you know whenever I'm at work that means I'm gone from home and my wife and daughter.  So whenever I'm home that means writing gets pushed to the back burner to try and make up for lost time.  

However, the last 2.5 months has seen plenty of activity, both in investing/trading and otherwise.  The highlight was most definitely our road trip to Nashville back at the end of June and early part of July.  

Saturday, June 24, 2017

Weekly Roundup - June 24, 2017

Curated list of articles on dividend growth investing, financial independence, freedom and passive income
Happy Weekend!  Check out what's been going on in my world and some of the best articles from around the blogosphere.

I hope everyone has been having a good couple weeks.  I've taken a bit of a break from writing, well not a planned one, it's more that life has gotten very busy.  As many of you know I work out of town so when I'm home my productivity regarding writing declines because I'd much rather spend time with my wife and daughter.  Especially now that my wife is on summer break from teaching and is home.

Friday, June 23, 2017

Dividend Growth Investing at Work - Realty Income Keeps Rewarding Investors

Concept of how dividend growth investing works, real estate
Getting a pay raise while sitting on the couch?  Sign me up!  Thanks Realty Income for the dividend increase!
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends.  Just for owning a small portion of said companies.  Not going and doing R&D for new products or technology.  Not selling any products.  Not managing any employees or inventory.  Not making sales calls.  All I had to do was have the foresight to invest some of my savings in excellent companies.  That's dividend growth investing at work!  I mean who doesn't like getting a raise for doing nothing?  Dividend growth investing is far from a get rich quick investment strategy, rather you need to remain focused on the long term goal to be successful.

Sunday, June 11, 2017

Options for Income Week Ending June 2nd

dividend growth investing, option strategy, call option, put option, income investing
Options for Income Week Ending June 2nd
My preferred method of generating income from my investments is just plain old dividend growth investing.  I love that the most because it's a truly passive source of income that requires no work and very little monitoring on my part once the initial research on the company/valuation is complete.  The problem with dividend growth investing is that it requires a large capital base in order to generate substantial amounts of income.  

I've been testing out ways to generate investment income via option trading because the income can be substantially higher.  If my experiment proves viable over different market cycles I would have no problem using options as a way to supplement our income if it would allow us to reach financial independence faster even if that means a more active approach is required.

Saturday, June 10, 2017

Weekly Roundup - June 10, 2017

Curated list of articles on dividend growth investing, financial independence, freedom and passive income
Happy Weekend!  Check out what's been going on in my world and some of the best articles from around the blogosphere.
This was a rather ho-hum week as far as investing as well as my writing.  The markets continued their climb higher which was good for some of my option positions, but very bad for others.  That's led to a rather sub-par start to June, but looking at the bigger picture I can't really complain.