One article that really stuck with me this week was on Business Insider. It's about a guy that has completely broken free from societal norms and does what he enjoys. He works 6 months each year then spends the rest of the year living on $10 a day and biking around the world. Sounds awesome if you ask me although a little harder to implement with a wife and child in tow.
"I like to romanticize the ideals of being out on your own and that ultimate freedom of not having any ties. I understand that you need to have some ties — we can't go directly back to that. At this point we've gone too far. And I'm not one to get held up in a mountain like a hermit. I like my internet and I love Instagram and all that stuff — I love Whole Foods. There are plenty of modern conveniences that I love." - UltraRomance
You can read the full article here.
I've got enough available capital to make 2-3 purchases and I'm looking forward to doing just that. Here's some of the companies I'm looking at adding to during August: Union Pacific, 3M, Toronto-Dominion, T. Rowe Price Group, and Johnson & Johnson. I know my plan is to not add too many more companies to my portfolio but there's some other intriguing options available right now with J.M. Smucker (although not so much now that the share price has climbed up over $110), Caterpillar, Eaton, and BlackRock. What companies have you been buying or are on your watchlist? Are any of these companies on your watchlist?
In case you missed them, here's the post from this past week.
via email and to follow me on Twitter@JC_PIP so you don't miss anything. I also started a Facebook page to give people another option for keeping up to date on posts and happenings with the blog.
Once again I'd like to say thanks to each and every one of you that read, commented, and shared posts from here this past week. I think this dividend growth investing and financial independence community is amazing and the openness from everyone is awesome. Thanks again!
Now on to the links!
How I manage my dividend portfolio by Dividend Growth Investor
Five reasons why Florida might be the best state to seek out and achieve early retirement by Dividend Mantra
Part 3: How I became a millionaire at age 30 (The Red Pill) by FI Fighter
August 2015 Stock Considerations by DivHut
2015 Forward Dividends Update Milestone by Dividend Hustler
Two industrial stocks I recently bought by Retire Before Dad
Diversifying your portfolio of life by Islands of Investing
What's your lifetime wealth ratio by Retire By 40
Also, if you're looking for investment ideas, A Frugal Family's Journey keeps a list of stock analyses and recent buys from fellow bloggers.
I hope you all have a great weekend!
Image courtesy of Gubgib on FreeDigitalPhotos.net.